In Singapore, salary compression has become increasingly more prevalent in industries with high demand for skilled workers. This trend is make worse by the tight labor market situation in Singapore and the scarcity of top talent.
[Blog 53] The Chief Guru Chronicles 202: Independent Director/Non-Executive Director Remuneration Review
Independent Directors/Non-Executive Directors (NEDs') play a critical role in the governance of companies. They are responsible for providing an independent perspective on the company's activities and ensuring that its operations are conducted in a responsible and sustainable manner.
C-suite compensation benchmarking is a crucial part of talent management for any organization. It is essential to ensure that compensation packages for top executives are competitive and in line with industry standards to attract and retain top talent.