Compensation for corporate board members continues to climb

The Washington Post

The people who sit on the boards of America’s largest corporations got a modest raise last year. Corporate directors at Fortune 500 companies saw a 3 percent increase in their total direct compensation for 2015, rising to a median $263,500, according to a new report from the advisory firm Willis Towers Watson.

Over the past decade, there has been a cumulative increase of 65 percent. Compensation experts say this reflects the expanding pressures on corporate directors, who must advise increasingly complex global corporations and take on more risk in the face of rigorous governance standards. Read More