By Serene Luo

SINGTEL bosses took home less pay in the 2009 financial year, compared to the previous one, as the economic downturn put the squeeze on bonuses.

Chief executive Chua Sock Koong was paid about $3.38 million for the financial year ending March 31, about 5.3 per cent lower than the $3.57 million she earned in the year ended March 31 last year.

Her base salary and annual wage supplement made up $1.35 million of the package, $200,000 more than the 2008 financial year. But her performance bonus fell $390,000 to $1.95 million, according to SingTel's annual report out yesterday.

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