Non-executive director fees have risen by almost 40 per cent this year, according to executive pay consultants Watson Wyatt.
Fees for non-executive are usually reviewed every three to four years. A quarter of the companies in the survey had reviewed fees this year, with an the average increase of 38 per cent.
"This may be the start of a trend of significant pay increases for non-execs," said John Ball, head of executive reward consulting at Watson Wyatt.
"Not only is the workload of non-executive directors growing considerably but there is increasing personal risk from regulation and litigation, and perhaps most importantly, a growing risk to personal reputation."
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