[Bigiron]

NUS Professor calls for stronger oversight on DBS CEO’s pay 

https://theindependent.sg/nus-professor-...-ceos-pay/

[grotesqueness]

hey!!!!!!
hey!!!!!!
hey!!!!!!

got to check something out

[talky]

NUS Professor calls for stronger oversight on DBS CEO’s pay 

https://theindependent.sg/nus-professor-...-ceos-pay/

no other teaching staff of any other university or poly has voice concern on the insanely pay of local ceo

[Blin]

no other teaching staff of any other university or poly has voice concern on the insanely pay of local ceo

Hasn't  he found another job. 

[K88 shu shu]

tks to him we got $3 rebate on our meal every Friday.

[maxsanic]

NUS Professor calls for stronger oversight on DBS CEO’s pay 

https://theindependent.sg/nus-professor-...-ceos-pay/

I'm not sure if this Professor Mak has anything more comprehensive somewhere else, but so far the stuff he said in this article is what I call correct garbage:

First, balanced scorecards that are used by banks may not be achieving their objectives.

Second, there is a need to review remuneration policies at all levels and in different functions.

Third, and most importantly, culture, governance and remuneration are key causes of misconduct – and they are inextricably linked,” wrote Prof Mak

 

So what exactly is wrong with the balanced scoredcards? Is it the weights? Is it the nature of the KPIs themselves? Is it the target setting / approval process? Is it the elasticity and leverage when it is tied to pay? Is it the way the achievements are computed? Or maybe balanced scorecard is not the way to go and should be replaced / augmented by something else? DBS has a relatively transparent disclosure on its scorecards, so a Professor supposedly specializing in governance giving this sort of generic useless comment is below the par.

The second point is so meaningless that it's totally devoid of anything to discuss. The third point is just typical HR mumbo jumbo that is seen in most corporate powerpoint slides.

I think most people already have a general sense that there is something not quite right in which performance is tracked, measured and rewarded in DBS. If Professor Mak is a real serious governance academic / expert, he has to offer something more insightful than the above "Captain Obvious" comments.

[EvertonDiehard]

I think most people already have a general sense that there is something not quite right in which performance is tracked, measured and rewarded in DBS. If Professor Mak is a real serious governance academic / expert, he has to offer something more insightful than the above "Captain Obvious" comments.

[EvertonDiehard]

hey!!!!!! hey!!!!!! hey!!!!!! got to check something out

[Tee tiong huat]

Hasn't  he found another job. 

He found two yound mei mei and fell into them.

[ysh02]

DBS cut his pay we all happy har....will other bank follow too ?

[Fit]

DBS is just the govt, good at enriching themselves!

[EvertonDiehard]

DBS is just the govt, good at enriching themselves!

Why is SG absorbing India's unemployed white collar workers while our own grads are jobless?

[EvertonDiehard]

NUS Professor calls for stronger oversight on DBS CEO’s pay 
https://theindependent.sg/nus-professor-...-ceos-pay/

Why doesn't Prof Mak call for stronger oversight over Ministers' humongous wages?