Published: September 2010
Data Effective: March 1, 2010
Number of Participants: 199
Click here for a sample of this survey
2012 Board of Directors Survey is now open for participation. Survey results will be available to participants in .pdf format free of charge, whereas non-participants may purchased the survey for $325. The deadline to participate is November 16, 2012.
If you would like to participate, please click on the appropriate following link: For-Profit Organizations, click here / Not-For-Profit Organizations, click here
Today, there is a large spotlight on Board Governance, and all companies should be prepared to address any concerns or issues with their existing Board to ensure that their compensation plans are effective. Being a Board member requires serious time, effort and commitment. In today’s environment, it also demands the ability to challenge and question. There seems to be an increased focus by Senior Management teams and, most importantly, by Board members themselves on improving effectiveness in all areas of the Board’s responsibilities. Today’s stakeholders are demanding a stronger correlation between performance and pay, and are demanding that compensation be tied to increased stakeholder value. As a good governance practice, many Boards continually review their policies and procedures to determine the best approach for compensating their members. More recently, Boards have implemented new processes aimed at transparency, such as self-evaluations and publicly disclosing their committee charters and governance guidelines. These disclosures shed additional light on Board practices; as such, Board of Director studies on best practices provide valuable insight into current trends and can often provide guidance for determining the best pay program for the Board.
Compensation Resources, Inc. is pleased to present the results of our 2010 Board of Directors Survey. The purpose of this study was to obtain compensation market data and trends for Boards of Directors. Data was compiled from survey questions that were developed by Compensation Resources, Inc. and distributed to companies in 10 industrial classifications. The survey sampled compensation data from a variety of organizations, collected in March and August 2010. There were 199 organizations that participated in this survey.