Directors’ Fees – Larger Companies Skew Data
03/04/2006
03/04/2006
Median ASX 300 non executive director fees per board is $83,750.
Table 1 shows a breakdown of current remuneration levels per NED per ASX 300 board, excluding board chairmen (for chairman data see our March 2006 newsletter HERE.
The difference between the average and median indicates a significant skewing of fees above the median. Our analysis of the data indicates that director pay is exponentially correlated with market capitalisation.