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Is there such a thing as too much pay?

Sky-high salary demands from star performers could be a double-edged sword.

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Many public-sector workers in Britain are taking strike action this winter, after years of effective pay cuts.

Many public-sector workers in Britain are taking strike action this winter, after years of effective pay cuts.

PHOTO: EPA-EFE

Anjli Raval

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As the United Kingdom

entered a cost-of-living crisis

in recent months, private equity headhunter Sita Kolossa had a surreal conversation with a client about his salary.

“He told me £1 million (S$1.6 million) was not enough,” she said, sounding aghast, noting that this figure excluded his bonus. “I mean, what do I even do with that?”

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