TCS : Services : Board of Directors Compensation

Services

Board of Directors Compensation

The compensation paid to Directors is one of the most timely issues confronting companies today. Recent events in the business world, the attention of both Federal and state legislators and the requirement that Directors fulfill their fiduciary responsibilities to shareholders and other stakeholders of an organization has made this a very hot topic.

Our database includes information on a variety of Board characteristics including:

Size of Board of Directors
Retainers paid for regular Board service
Fees paid for Committee work
Term for Directors
Alternative pay strategies for Board members
Perquisites offered to Board members.

The variety of pay elements used for Directors, their qualifications for the job and other pay and benefits issues have become relevant to the discussion of Board of Director’s pay. In the current environment, we strongly encourage our clients to review Board compensation levels at a minimum every 3 years to ensure the appropriateness of current practice.