Listed firms’ non-executive directors bagged 7.1% pay hike in FY14

The average director’s fee rose to $60,000 last year.

Non-executive directors (NEDs) in Singapore-listed companies received a 7.1% pay increase in the previous financial year, a report by Hay Group revealed today.

According to Hay Group, the median of the average director’s fee rose to $60,000 per annum in FY14, compared to $56,000 in the previous financial year.

There was a significant increase in median compensation for medium-sized companies with a market capitalisation between $500 million to $3 billion, whose average director’s fee grew by 16% from $65,000 in the previous financial year to $75,000.

This was followed by companies with a market capitalisation larger than $3 billion, whose fees grew by 15% to $142,000 from just $123,000 in the previous financial year.

On the other hand, listed firms with market capitalisation below $500 million were more cautious with fee increases, Fees of NEDs in these firms grew by 7% to $53,000 from $50,000 in the previous financial year.

Also Read

Four in 10 S’poreans say superiors recognise importance of payments

1 in 2 workers comfortable discussing mental health with mgmt: survey

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit