Our executives’ take home pay ranks 9th

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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:

  1. Saudi Arabia – US$229,325
  2. UAE – US$223,939
  3. Hong Kong – US$203,947
  4. Russia – US$157,348
  5. Turkey – US$154,762
  6. Mexico – US$152,283
  7. Ukraine – US$149,118
  8. Thailand – US$147,547
  9. Singapore – US$142,655
  10. Argentina – US$138,188
  11. Poland – US$128,537
  12. Spain – US$128,197
  13. Switzerland – US$127,732
  14. China – US$126,281
  15. Greece – US$126,102
  16. Malaysia – US$126,026
  17. Brazil – US$123,766
  18. Lithuania – US$122,941
  19. Germany – US$122,427
  20. Ireland – US$117,010
  21. Portugal – US$116,678
  22. Romania – US$115,280
  23. Austria – US$112,906
  24. United States – US$104,905
  25. Netherlands – US$103,823
  26. Australia – US$103,578
  27. Japan – US$102,604
  28. Italy – US$101,487
  29. South Africa – US$100,257
  30. New Zealand – US$100,136
  31. France – US$98,117
  32. South Korea – US$97,867
  33. Latvia – US$97,409
  34. Czech Republic – US$97,352
  35. Egypt – US$97,001
  36. India – US$92,750
  37. Hungary – US$91,358
  38. Belgium – US$89,632
  39. Slovakia – US$86,632
  40. United Kingdom – US$86,367
  41. Denmark – US$82,697
  42. Canada – US$81,613
  43. Estonia – US$80,908
  44. Norway – US$77,202
  45. Sweden – US$75,581
  46. Finland – US$74,038
  47. Indonesia – US$71,839
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