Heavier workload, demand boost directors' pay by 30%

Article Abstract:

The base pay for directors at Canada's top companies increase by almost 30% in 2003, propelled by significantly longer work hours and stiff competition to recruit experienced candidates. The companies revealed that the main reason for increasing compensation is the growing time commitment required by the directors, as the committees are meeting more often and the directors are being asked to do more work to prepare for meetings.

Forecasts, trends, outlooks, Personnel administration, Forecasts and trends, Compensation and benefits, Market trend/market analysis, Wages, Wages and salaries, Boards of directors, Salary

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Why it pays to be in the boardroom

Article Abstract:

The reasons behind higher stock compensation for board directors, in Canada, are presented. The survey is conducted by Patrick O'Callaghan & Associates and Korn/Ferry International.

Management Compensation, Surveys, Executives, Executive compensation, Publicly held corporations

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