Diversity and inclusion metrics absent from executive remuneration: How worried should we be?
Michelle Quah
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE companies are way behind the curve when it comes to incorporating diversity, equity and inclusion (DEI) metrics into executive remuneration, a study has found.
Global advisory WTW says that none of the companies in its Singapore sample had such metrics, whereas two-fifths have done so globally.
On the face of it, the finding is disturbing. Despite much talk about a greater recognition of diversity, in particular gender diversity, in the workplace, it would appear that Singapore companies aren’t incorporating such concerns into their incentives.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report