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Is it Time to Review Your Board of Director Compensation Form

Is it Time to Review Your Board of Director Compensation Form

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part-time work is known for unpredictable hours and low pay but for some people it can pay $250,000 a year or more these people are the nearly 4,300 non-executive directors who fill the boards of large US companies they oversee top Executives shape strategies and fend off crises these board members meet as a group fewer than once a month and work on average just under 5 hours a week collectively S&P 500 companies paid their executive directors $1.4 billion in 2015 this number by the way excludes CEOs and other top execs director pay has risen 99.8% since 2013 the highest paid board regeneron Pharmaceuticals the 12 directors at the biotech Firm made at least 1.7 million each during its last fiscal year chairman Roy vagila made $2.5 million in cash stock and perks the median director pay at salesforce.com reached $621,000 and at Goldman Sachs the median director pay was $594,000 in 2015 companies and directors say the pay is needed to recruit established business government and n

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