​The MEF Salary Survey for Executives and Non-Executives 2017 reports were published as the twenty third edition in the annual series of salary survey reports since 1995. The Executives Report provided a comprehensive coverage of 167 benchmark positions covering 18,810 Executives’ salaries of 265 members from manufacturing and non-manufacturing sectors while the Non-Executives Report covered 101 benchmark positions of 33,646 Non-Executives’ salaries. The Reports also provided findings on issues relating to skills upgrading and skills certification.

Among the highlights of the survey were:

• the average salary increase for executives in 2017 remained the same at 5.55 percent
• the average salary increase for non-executives was 5.44 per cent which was slightly lower as compared to 5.51 percent in 2016.
• the average forecasted bonus for executives for 2018 was 2.14 months which was slightly higher than the 2.09 months of actual bonus granted in 2017
• the average forecasted bonus for non-executives was 2.02 months for 2018 which was higher than 1.81 months of actual bonus in 2017
• 90.6 percent of the respondent companies indicated that they adopted various strategies to upgrade the skills of their executives while 88.7% of the respondent companies adopted skills upgrading strategies for non-executives