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Monday, April 29, 2024

Expat pay packages jump in Singapore, drop in Hong Kong

The Central Business District, left, stands by Marina Bay in Singapore. (Photo: Bloomberg)

The cost of expat pay packages in Singapore climbed 4% last year, while those for foreign workers in Hong Kong fell, according to a new study by expat consultancy ECA International.

Total pay and benefits packages for average expat middle managers in Singapore rose to US$258,762, mainly due to higher rental costs. The increase narrowed the gap with rival Hong Kong, which saw…

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