Can the NED be self-employed?

Can the NED be self-employed? Does non-executive directors’ fees fall under PAYE? What are the tax treatments of non-executive director pay? NEDonBoard encourages those seeking answers to those questions to contact a qualified tax advisor. The tax treatment will depend on your status, whether you are a formally appointed non-executive director or board advisor or advisory…

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Finding the right training course(s) or programme(s) for non-executive directors

How do I find the right training courses as a non-executive director?   There are a myriad of training courses dedicated to non-executive directors. To select the right course for you, consider: learning objectives: What are you trying to achieve? delivery: How do you want the learnings to be delivered: self-paced, online interactive, in-person, a…

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What is the best Governance Framework – and why?

The manner in which a corporate board of directors is governed is directly connected with the industry in which the business operates. However, with that recognised, there are governance framework considerations that transcend both industries and individual corporations. There is a board governance framework that is generally appropriate to virtually any type of corporate enterprise operating…

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What are the potential liabilities for a NED?

What is a NED? A non-executive director (NED) is an objective, independent, and unbiased individual who provides a creative, strategic and unique contribution in the boardroom. NEDs are expected to concentrate on matters of the board and stay clear of making any executive decisions. In doing so, they provide a keen insight as well as…

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How many NED roles should I have in my portfolio?

The role of the non-executive director (NED) is considered to be critically important. The time commitment associated with a non-executive role is often underestimated. So what is the optimal number of positions for a board professional to discharge his/her duty and be effective? The optimal number of positions will vary from one professional to another…

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What does a firm want from their NEDs?

What is expected of non-executive directors?   A non-executive director (NED) plays an important part in many organisations. Because non-executive directors aren’t actually employees of a company, they have a unique role that’s slightly different than a traditional executive who is part of the management team.  Whether you’re thinking about becoming a non-executive director or…

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What are the main differences between NED roles in the private and public sectors?

The differences between NED’s in the public sector and NEDs in the private sector is not a greatly researched topic. However, it is immensely important to understand the distinctions between the roles, subsequently allowing both, boards and non-executives to understand how non-executives may be able to cross the divide that exists in the two different…

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What should be included in a non-executive agreement or NED contract?

The appointment of a non-executive director is a contract for services and not a contract of employment. The NED or non-executive contract or agreement is referred as a letter of appointment and some key elements should be included. The article highlights some of the terms that incoming non-executive directors should expect when they review the…

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