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Executives' spending power down
Francis Chan
Tue, Sep 09, 2008
The Straits Times

COMPANIES in emerging markets are paying such high salaries to attract talent that executives here are slipping down the global income scale.

Senior managers in Singapore have also had their spending power squeezed by high inflation and smaller pay increases, according to a new report.

The result is that managers here now rank 22nd in a league table of disposable income, down from 9th last year. They are also ranked belows Hong Kong (4th), Thailand (10th) and China (17th).


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