February 22, 2010
Study: Committee Member and Chair Pay Trends
– David Chun, Equilar
Recently, we wrapped up a research report using last year’s pay data to study board committee and chair pay trends. In this report, we segmented our annual Committee Member and Chair Compensation Trends report by S&P 600 (for companies under $500M in revenues), S&P 400 (for companies from $500M to $2B in revenues) and S&P 500 (for companies over $2B in revenues).
Among the key trends we found were:
– Median board level comp (cash retainer, equity awards, and total meeting fees) ranged from $107,564 at S&P 600 companies to $190,129 at S&P 500 companies (excludes payment for committee service)
– Compensation committee chair pay at large organizations rose 13.3% from 2006 to 2008 and compensation committee member pay at small organizations increased by 20%
– Across all committees, Governance members had the most tenure
– Audit committees also met most frequently
Here is where you can request a copy of the full report.