Managers in Emerging Economies Winning on Pay; Western Managers Lose Out On Disposable Income.

0 Comments | M2 Presswire, July, 2007

M2 PRESSWIRE-16 July 2007-Hay Group: Managers in Emerging Economies Winning on Pay; Western Managers Lose Out On Disposable Income(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:16072007 Managers in less developed economies have higher disposable incomes when compared to their western counterparts, research from global management consultancy Hay Group reveals today.

In emerging economies such as Russia, Turkey, Mexico and Ukraine, managers are enjoying far higher levels of buying power for their pay than their counterparts in advanced economies such as the UK, US and other countries in Western Europe. Indeed, Switzerland, Germany and Ireland are the only European countries to make it into the top 20 countries for management buying power, with the US lagging at...