Executive directors of Singapore firms had an average pay hike of 21.7 percent in 2004.
This is way higher than the 3.6 percent total wage increase for workers in the private sector.
The numbers were released by SHRI Remuneration Data Specialists which studied the annual reports of 575 SGX-listed companies.
The survey showed that non-executive directors saw an even higher jump in their fees - up an average of 35.6 percent.
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