Wednesday, August 16, 2006

Study: Director Pay Hikes Slowing Down


Median total direct compensation for directors of large U.S. companies in 2005 rose by less than one-third the percentage it did in 2004, according to a new study by Mercer Human Resource Consulting.

The increase in median total direct compensation—which included pay for board and committee service and equity grants—increased 6.1 percent in 2005, to $164,63, the study, which was based on an analysis of proxy statements of 350 mostly large publicly traded U.S. companies, found.

See full Article.