Directors Experience Double-Digit Pay Increases

Directors Experience Double-Digit Pay Increases


Directors See Double-Digit Pay Increases
This is the third year of double-digit increases in compensation to both individual directors and full boards according to “The Corporate Library’s Annual Director Pay Survey: Director Pay 2008,” released today.

The median increase in total board compensation was just under 11 percent, while the median increase in compensation for individual directors was slightly higher, almost 12 percent. The survey is based on compensation data from more than 3,000 public companies and 23,000 directors, making it the most comprehensive analysis of director pay available.

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This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.