14 Dec '11, 1am

Executive pay rise for 2012 'to be the same as this year', according to new survey

Executive pay rise for 2012 'to be the same as this year', according to new survey

Despite the economic uncertainty, a new survey has found that professionals here can look forward to a 4.4 per cent pay rise next year, on average. That is the same average salary growth recorded this year, according to the survey conducted by management consultancy Hay Group. -- ST PHOTO: JOYCE FANG By Magdalen Ng Despite the economic uncertainty, a new survey has found that professionals here can look forward to a 4.4 per cent pay rise next year, on average. That is the same average salary growth recorded this year, according to the survey conducted by management consultancy Hay Group. The employees with the biggest rises this year were those in the banking and financial services sector, with an average gain of 7 per cent. Background story INFLATION COVERED 'A 4.4 per cent increase can probably take care of inflation, and also give the staff a slight raise.' Mr Lawrence ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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