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On top of the basic salary of over €9,000 a month, MEPs will benefit from a special low tax rate, a generous pension scheme, a tax-free allowance of €257 for every day they turn up to work, a further €3,620 a month in general expenses, and over €12,000 a month to pay for secretarial help and office equipment.
Wallon also points to an allowance for each dependent on top of the basic salary.
"Because they have to be cost-neutral, the recommendations lead to a cut of the basic salary, which will make professorship less attractive, particularly at universities of applied sciences," says Hans Zehetmair, the Science Minister of Bavaria and representative of the Conservative-governed states in the conference of ministers of education (KMK).
Our study has indicated that health workers in a resource constrained setting place substantial emphasis on extrinsic motivation, in particular financial incentives on top of the basic salary.
This meant that civil servants would part with their medical allowance (10% of the basic salary), apart from the employee contribution of 5% of their basic salary.
To encourage serving in hard-to-reach areas, particularly in three Hill Tract districts of Chittagong division, the government provides an additional 33% of the basic salary, but not exceeding US$388 per month.
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Not bad for an also-ran.The spotlight rarely falls on the basic salaries of top executives because these do not tend to rise at such a dramatic rate.
Half of a variable payment should be made in one of these instruments, while an "explicit maximum ratio" must be set for the size of a bonus in relation to the basic salary.
Many banks have been looking at other means of paying staff to get around the new tax, including significant increases to the basic salaries of staff.
A member of the audience says the basic salary of MPs could be too low.
Reports in several newspapers this weekend suggest its initial recommendations will call for a rise of about 15% in the basic salary of a backbench MP from £66,396 to a sum closer to £75,000.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com