How much should I get paid as a non-executive director? How much should we pay our non-executive directors? These are the two sides of the same coin when it comes to compensation of non-executive directors. NEDonBoard, the Institute of Board Members gets routinely asked these questions, from companies seeking to appoint NEDs and directors themselves.…
The topic of NED compensation is one that we often get asked. Questions primarily come from aspiring non-executive directors, recently appointed NEDs and organisations. Recently appointed NEDs and organisations are typically looking for a benchmark to ensure that the remuneration offered is competitive and in line with practices. For aspiring NEDs, finding out what…
Each year, Warren Buffett writes an open letter to Berkshire Hathaway shareholders. These letters are insightful and over the years have become a “must-read” for investment professionals. But not only. The 2019 letter, which was published at the end of February, includes thought-provoking considerations on the topics of boards and governance that are of…
Mr Ghosn was arrested in November 2018 on suspicion of understating his compensation package in the reported financial statements of Nissan. His arrest has raised uncertainty over the future of Renault-Nissan. The corporate scandal has highlighted important corporate governance issues worth the attention of the NEDonBoard community of non-executive directors and board members. To discuss…
The government has announced plans to introduce a new register of those publicly listed companies where at least 20 per cent of investors are unhappy with the amount its executives are paid. Proposed measures will be published this week, aimed at improving corporate governance of UK companies and boardroom behaviour, with the register being amongst…
Expert interview with Nicki Demby, adviser to boards of FTSE 350 companies with over 25 years’ experience in advising companies in the UK and internationally on remuneration strategy, pay benchmarking, short and long term incentive design, the effective communication of reward and consultation with institutional investors. Speaking at a FTSE 100 NEDonBoard panel event, we…
Do non-executive directors get paid? What compensation can I expect as a non-executive director? These are questions we often get asked or hear at our NED-focused events. For those of you who would like to know more about non-executive director pay grades, we hope this short post will provide you with all the insights…
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…
