Singapore’ former Permanent Secretary Kishore Mahbubani in speaking to the news site Mothership said that he was ‘demoted spectacularly’ and that young Singaporeans should learn from his experience – and not be afraid of demotions.
“I’ve had a good career, I’ve been promoted, I’ve become the Permanent Secretary of the Ministry of Foreign Affairs but actually I learnt more when I was demoted — I’ve been demoted spectacularly.
I used to be the permanent secretary running a budget of 100 million dollars for MFA. Then I became demoted, and I became the ambassador to the UN, running a mission with a budget of $1 million dollars. So I went from running a company with 100 million dollars to 1 million dollars. You know that’s 99% demotion. But I’ve had a fantastic learning experience as Singapore’s ambassador to the UN security council playing in the World Cup of diplomacy.
Then after I left the foreign service I got demoted even some more. I went from having a permanent secretary ambassador grade to being a dean. And being a dean of a school is much lower in rank than a permanent secretary rank that I used to have.
But I had an incredible learning experience when I begin life as a dean, as I began to write and speak more openly both inside Singapore and outside Singapore.
Every demotion I had in my substantive rank has been very good for me personally.
So I’m telling young Singaporeans — don’t be frightened of demotions, you can keep on growing and doing well, even when you get demoted in your career.”” (http://bit.ly/2eTeCRY)
According to a speech by Deputy Prime Minister Teo Chee Hean, salaries for officers at the MR4 level (these are typically senior Permanent Secretaries) are set at over $1 million.
And salaries of university dons are not meagre either. According to a response in Expat Singapore Forum, this is how much university professors earn:
Professor S$178,750 – S$270,875
Associate Professor S$108,625 – S$204,875
Assistant Professor S$71,500 – S$121,690
These figures are only estimates but according to a report in The Straits Times in 2006, an NTU Professor who was found guilty of lying to CPIB, could afford to give his PRC mistress a $7,000-a-month allowance and expensive gifts like a $11,000 Chopard watch. (ST, 26 September 2006)
And in 2003 The Straits Times reported that Singapore’s youngest assistant professor at SMU “earn at least US$100,000 at any good American university for a nine-month contract.”
Although still comfortable, if one earns $75,000 per month previously and now only earns $25,000, it is indeed a demotion. It is however unclear how many young people can have such comfortable ‘demotions’ and learn something from it.