Hong Kong, Australia and Japan are the top three countries where senior executives are best paid according to Mercer's 2005/2006 Asia-Pacific Global Pay Summary.
The survey examined salary information for 50 benchmark positions across eleven job families. They found:
A comparison of function heads shows that the Head of Sales & Marketing is most often the best paid among top executives. This fact contrasts with Europe and the Americas, where the Head of Finance & Accounting usually occupies the position of best-paid executive. Hong Kong executives are the highest paid Sales & Marketing Heads in the region, with a total cash compensation range of US$135,000 to US$285,000. Japan comes in second with a range of US$155,000 to US$222,000.
Top Sales & Marketing jobs are the highest paid among function heads in Japan, Singapore, Korea, Shanghai, and the Philippines. Production, IT, or Finance tops throughout the rest of the region.
Not surprisingly, China and India are moving up the ranks, as well as Australia and New Zealand.
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