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<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Top CEOs get fat pay rises <!--10 min-->
</TR><!-- headline one : end --><TR>Increases of as much as 150% after strong growth last year </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Yang Huiwen
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Jackson Tai, formerly DBS: Pay down by $500,000
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<!-- START OF : div id="storytext"-->THE head honchos of Singapore's biggest companies pocketed fatter bonuses last year, thanks to the robust economy which grew by 7.5 per cent.
But slower economic growth expected this year could spell leaner times for some chief executives (CEOs) and other company bosses, market watchers say.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>'CEOs are tasked with a formidable job of growing the company in terms of market share and revenue. The compensation and benefits package has to take into account the risks and responsibilities undertaken by these top-level executives.' - Ms Annie Yap, CEO of recruitment agency GMP Group
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HIGHEST PAID EXECUTIVES
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</TD></TR></TBODY></TABLE>Last year, CEOs at Singapore's 30 listed companies that make up the Straits Times Index enjoyed pay rises of between 20 per cent and 150 per cent, the company annual reports disclose.
This was mainly due to an increase in the bonus component, which formed as much as 80 per cent of a CEO's pay package, up from 70 per cent.
Directors were also generously paid. Total directors' remuneration, in general, rose between 20 per cent and 80 per cent. For the full story, read The Straits Times today
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Top CEOs get fat pay rises <!--10 min-->
</TR><!-- headline one : end --><TR>Increases of as much as 150% after strong growth last year </TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Yang Huiwen
</TD></TR><!-- show image if available --><TR vAlign=bottom><TD width=330>
</TD><TD width=10>
Jackson Tai, formerly DBS: Pay down by $500,000
</TD></TR><TR><TD>
</TD></TR></TBODY></TABLE>
<!-- START OF : div id="storytext"-->THE head honchos of Singapore's biggest companies pocketed fatter bonuses last year, thanks to the robust economy which grew by 7.5 per cent.
But slower economic growth expected this year could spell leaner times for some chief executives (CEOs) and other company bosses, market watchers say.
<TABLE width=200 align=left valign="top"><TBODY><TR><TD class=padr8><!-- Vodcast --><!-- Background Story --><STYLE type=text/css> #related .quote {background-color:#E7F7FF; padding:8px;margin:0px 0px 5px 0px;} #related .quote .headline {font-family: Verdana, Arial, Helvetica, sans-serif; font-size:10px;font-weight:bold; border-bottom:3px double #007BFF; color:#036; text-transform:uppercase; padding-bottom:5px;} #related .quote .text {font-size:11px;color:#036;padding:5px 0px;} </STYLE>'CEOs are tasked with a formidable job of growing the company in terms of market share and revenue. The compensation and benefits package has to take into account the risks and responsibilities undertaken by these top-level executives.' - Ms Annie Yap, CEO of recruitment agency GMP Group
RELATED LINKS
<!-- Audio --><!-- Video --><!-- PDF -->
<!-- Photo Gallery -->
</TD></TR></TBODY></TABLE>Last year, CEOs at Singapore's 30 listed companies that make up the Straits Times Index enjoyed pay rises of between 20 per cent and 150 per cent, the company annual reports disclose.
This was mainly due to an increase in the bonus component, which formed as much as 80 per cent of a CEO's pay package, up from 70 per cent.
Directors were also generously paid. Total directors' remuneration, in general, rose between 20 per cent and 80 per cent. For the full story, read The Straits Times today
