Study finds female U.S. corporate directors out-earn males, but are also vastly outnumbered by them.

From this article:

… Female directors in corporate America earned median compensation of $120,000, based on the most recently available pay data, compared with $104,375 for male board members, [for profit] research group The Corporate Library said in its annual director pay report on Wednesday.

At the same time, the study said, women in corporate boardrooms are outnumbered eight to one.

“This makes being a director one of the few jobs in the U.S. economy where the pay differential is reversed,” between men and women, the study found.

The study found that overall, median total compensation for individual U.S. board members was just over $100,000, based on companies’ annual proxies filed through last month. The median increase in total disclosed compensation was about 12 percent compared with the year-earlier period, the study said.

The report looked at pay data for more than 25,000 directors at more than 3,200 companies.

The pay increases were driven in part by the addition of previously undisclosed forms of compensation this year, said study author Paul Hodgson, a senior research associate at the Corporate Library. New regulatory rules now require public companies to disclose the cost of perks, cash incentives and other elements of total pay for top executives as well as directors.

More than 80 directors earned more than $1 million in total compensation for a single board seat, according to the Portland, Maine-based governance researcher. …

Via Michael Thomas.

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0 Responses to Study finds female U.S. corporate directors out-earn males, but are also vastly outnumbered by them.

  1. bob coley jr says:

    it would be interesting to know how many board seats each milllion plus sits on simultaniously so their total yearly take is clear. And how many of this group are women.