OPINION: The State of the Union Is ... Eh; Singapore's Pay-for-Performance Plan

BusinessWeek, 26 Jan 2012
Singapore’s Prime Minister, Lee Hsien Loong, isn’t often taken publicly to task. But when you make S$3.1 million ($2.4 million) annually to run a country, people expect results. When they don’t get them, the aggrieved masses turn to that lowest-of-common-denominator gripes: Hey, how much are we paying this guy?
Lots, compared with Barack Obama, who makes $400,000 a year. So Lee’s compensation will fall 36 percent, to S$2.2 million, and that of Singapore’s President will drop 51 percent, to S$1.54 million. Full story