Chinese President Xi Jinping along with the other six members of the Politburo Standing Committee will see a 62 percent hike in their monthly salaries, state media said yesterday, as civil servants will be celebrating their first payroll increase since 2006.
The basic monthly salaries of national level officials, including Xi, will be raised from 7,020 yuan to 11,385 yuan (1,832 USD), the China Daily said, citing an announcement from the Ministry of Human Resources and Social Security. Civil servants in China, whose pitiful monthly paychecks have long been known to the general public, will likewise go up around 60 percent on average.
The lowest-level civil servants’ basic salaries will increase from the current 630 yuan to 1,320 yuan, the report said.
Experts said the financial motivation for civil servants is necessary. An increasing number of officials are reportedly quitting over low pay.
Basic salary, however, is just part of Chinese civil servants’ compensation. They also receive generous housing subsidies and additional allowances based on duties and work positions, according to China Daily, which did not provide a specific breakdown of said allowances.
Another chunk of civil servants’ income is acquired through corruption, including bribe-taking.
Xi’s bumped-up salary still appears as the smallest of potatoes next to the silver platters of bacon being served to other world leaders. In 2013, India’s government said that its then-premier Manmohan Singh was making around 160,000 rupees (2,600 USD) per month and enjoyed a personal staff, rent-free housing and private plane, AFP reports. Prime Minister Lee Hsien Loong of Singapore, one of the world’s highest paid heads of government, receives a salary of 2.2 million SGD (1.64 million USD)—this is after a 36 percent pay cut back in 2012.