HOCK LOCK SIEW
·
SUBSCRIBERS

Diversity and inclusion metrics absent from executive remuneration: How worried should we be?

Michelle Quah

Michelle Quah

Published Wed, Apr 5, 2023 · 05:50 AM
    • Not a single Singapore company in WTW's study had diversity and inclusion metrics in its incentive plans. While a cause for concern, the answer is more complex than simply having such metrics in place.
    • Not a single Singapore company in WTW's study had diversity and inclusion metrics in its incentive plans. While a cause for concern, the answer is more complex than simply having such metrics in place. PHOTO: BT FILE

    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.