[h=1]SINGTEL CEO RECEIVED $4.7MILLION LAST YEAR IN REMUNERATION[/h]
<!-- /.block -->
<style>.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;}</style>
Post date:
28 Jun 2014 - 10:35am
<ins style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: inline-table; visibility: visible; position: relative; background-color: transparent; border-image: none;"><ins id="aswift_1_anchor" style="margin: 0px; padding: 0px; border: currentColor; width: 336px; height: 280px; display: block; visibility: visible; position: relative; background-color: transparent; border-image: none;"><iframe name="aswift_1" width="336" height="280" id="aswift_1" frameBorder="0" marginWidth="0" marginHeight="0" scrolling="no" vspace="0" hspace="0" allowfullscreen="true" style="left: 0px; top: 0px; position: absolute;" allowTransparency="true"></iframe></ins></ins>
According to SingTel's financial year report for the year ending March 2014, the CEO Chua Sock Koong, took home $4.71 million.
This amount includes a bonus of $2.98 million, almost double her standard pay of $1.6 million.
This pay is an increase from the previous year when Ms Chua received only $4.61million.
The CEO for SingTel Group, Digital Life, also took home $3.31million, slightly more than the $3.25 million earned in the year before.
All of SingTel's top executives received similar pay packets including the CEO of SingTel in Australia, Paul O'Sullivan, who earned $3.5million.
It seems that SingTel has been a greatly profitable business over the last year as they can afford to pay their top executives huge bonuses.
Meanwhile, prices remain high for Singaporeans using SingTel services and there is still a lack of any real competition to help bring prices down.
What do you think?