14 Feb '11, 1am

Charities are worth how much $ reaches target; execs pay takes out of that $; those execs have to be v. good to get

Manage office staff, oversee human resource policies and serve as a link between board members and office staff. Such a multi-faceted and multi-tasking individual, with great many responsibilities, also needs to have the warm, engaging personality expected of a charity leader. Such a person is not easily found, even in the highest echelons of for-profit organisations or multinational corporations. A recent survey of CEO compensation for 2008-2009 by ASAE - The Centre for Association Leadership, an organisation representing more than 11,000 trade associations and voluntary organisations in 50 countries, indicated that for an organisation with an annual budget of US$1 million (S$1.3million) to US$2.5 million, the average annual salary for CEOs is between US$134,000 and US$154,000. Is this applicable as a benchmark for Singapore? For a First World country, with a cost of livi...

Full article: http://www.straitstimes.com/STForum/Story/STIStory_634602...

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