Tuesday, July 24, 2007

Managers See Top Take-Home Pay in Surprising Places

Where do you think managers make the best money? The US? Germany? The UK? According to the Hay Group, a management consulting firm, if you take into account cost of living and taxes and look at the what the effective buying power is, Saudi Arabia and the United Arab Emirates top the list. There are seven European countries in the top 20 and the US at spot 24. According to the press release with the information:
“Companies are operating in an increasingly open and competitive global economy, and emerging markets are offering managers higher disposable incomes than established countries –which is making these locations an attractive prospect for management talent,” said Iain Fitzpatrick, Director Reward Information Services for Hay Group North America.
The company used its own proprietary data to make the comparisons. Here's the table of results:





















































Hay Group's Management Buying Power
Rank
Country
Disposable Income
1
Saudi Arabia
229,325
2
UAE
223,939
3
Hong Kong
203,947
4
Russia
157,348
5
Turkey
154,762
6
Mexico
152,283
7
Ukraine
149,118
8
Thailand
147,547
9
Singapore
142,655
10
Argentina
138,188
11
Poland
128,537
12
Spain
128,197
13
Switzerland
127,732
14
China
126,281
15
Greece
126,102
16
Malaysia
126,026
17
Brazil
123,766
18
Lithuania
122,941
19
Germany
122,427
20
Ireland
117,010
21
Portugal
116,678
22
Romania
115,280
23
Austria
112,906
24
United States
104,905
25
Netherlands
103,823
26
Australia
103,578
27
Japan
102,604
28
Italy
101,487
29
South Africa
100,257
30
New Zealand
100,136
31
France
98,117
32
South Korea
97,867
33
Latvia
97,409
34
Czech Republic
97,352
35
Egypt
97,001
36
India
92,750
37
Hungary
91,358
38
Belgium
89,632
39
Slovakia
86,632
40
United Kingdom
86,367
41
Denmark
82,697
42
Canada
81,613
43
Estonia
80,908
44
Norway
77,202
45
Sweden
75,581
46
Finland
74,038
47
Indonesia
71,839

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