According to the World Pay Report compiled by Hay Group, senior managers in Singapore gets an average of US$142,655 in disposable income annually.
This puts us in the number 9 spot in the ranking table. Saudi Arabia is first with US$229,325, UAE second with US$223,939, and Hong Kong third with US$203,947.
The press release also says, “The report was compiled by comparing detailed cross-country pay information from Hay Group PayNet, at management (head of function/department) level.”
Tax and cost of living are taken into account when arriving at the numbers.
These are all the ranked countries:
- Saudi Arabia – US$229,325
- UAE – US$223,939
- Hong Kong – US$203,947
- Russia – US$157,348
- Turkey – US$154,762
- Mexico – US$152,283
- Ukraine – US$149,118
- Thailand – US$147,547
- Singapore – US$142,655
- Argentina – US$138,188
- Poland – US$128,537
- Spain – US$128,197
- Switzerland – US$127,732
- China – US$126,281
- Greece – US$126,102
- Malaysia – US$126,026
- Brazil – US$123,766
- Lithuania – US$122,941
- Germany – US$122,427
- Ireland – US$117,010
- Portugal – US$116,678
- Romania – US$115,280
- Austria – US$112,906
- United States – US$104,905
- Netherlands – US$103,823
- Australia – US$103,578
- Japan – US$102,604
- Italy – US$101,487
- South Africa – US$100,257
- New Zealand – US$100,136
- France – US$98,117
- South Korea – US$97,867
- Latvia – US$97,409
- Czech Republic – US$97,352
- Egypt – US$97,001
- India – US$92,750
- Hungary – US$91,358
- Belgium – US$89,632
- Slovakia – US$86,632
- United Kingdom – US$86,367
- Denmark – US$82,697
- Canada – US$81,613
- Estonia – US$80,908
- Norway – US$77,202
- Sweden – US$75,581
- Finland – US$74,038
- Indonesia – US$71,839