Civil Service Pay and Entrepreneurship
“While it is important to retain talent, we may need to temper the focus on monetary rewards. Otherwise, we may inadvertently be setting an unhealthy example for Singaporeans in general and sending an undesirable message to our children – that money is everything…. finally, as long as our parents tell their children to aspire to be scholars and civil servants, entrepreneurship may never flourish in Singapore, no matter how hard we try to promote it.”
– Leong Sze Hian, in a letter to the The Business Times on 27 March 2007, about the Government’s plans to increase civil service pay to retain talent.
Daniel Goh is the founder and chief editor of Young | Upstarts, as well as an F&B entrepreneur. Daniel has a background in public relations, and is interested in issues in entrepreneurship, small business, marketing, public relations and the online space. He can be reached at daniel [at] youngupstarts [dot] com.