A REVIEW OF COMPENSATION SURVEYS: PART III

Director compensation varies considerably around the world, reflecting different director duties, legal and regulatory frameworks, and market expectations.

Compensation

The United States and Canada, for example, have the highest median total non-executive director compensation, both close to US$200,000, including cash, equity, and other benefits. In both countries, directors

A REVIEW OF COMPENSATION SURVEYS: PART I

Historically, public company directors served without pay and with light workloads. Even after 1969, when Delaware law first authorized directors to set their own compensation, pay remained nominal. Directors generally kept a low profile, with a mandate often limited to advising or cheering on the chief executive. 

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