BDO's newly-released annual board compensation report details director compensation practices of 600 mid-market public companies in the energy, financial services–banking, financial services–nonbanking, healthcare, manufacturing, real estate, retail, and technology industries.
Findings include:
- Average total compensation paid to directors for fiscal 2017 was $122,393 for the Smallest companies ($100M - $500M); $177,023 for Mid-Tier companies ($500M - $1.25B), and $191,938 for the Largest companies ($1.25B - $3B).
- Overall compensation mix consisted of 40% board retainers & fees, 5% committee retainers & fees, 47% full-value stock awards, and 8% stock options.
Compensation Mix by Company Size
|
Size
|
Board Retainers & Fees
|
Committee Retainers & Fees
|
Full-Value Stock Awards
|
Stock Options
|
|
Smallest
|
42%
|
5%
|
47%
|
6%
|
|
Mid-Tier
|
40%
|
5%
|
47%
|
8%
|
|
Largest
|
42%
|
5%
|
50%
|
3%
|
The report also breaks out compensation levels and mix by industry.