Senior S'pore execs are Asia's best paid in US dollar terms, says study

Singapore

SINGAPORE companies pay their senior and top management the most in Asia in US dollar terms, according to a study by professional services company Towers Watson.

The annual base salaries in Singapore were about 10 per cent higher than the next best-paying location, Hong Kong, Towers Watson said. At the very top of the hierarchy, Singapore companies paid an average base salary of about US$586,000, 32 per cent more than the US$445,000 paid in Hong Kong.

Base salaries in Singapore and Hong Kong grew 3 to 4 per cent, although top management salaries rose…