Non-executive directors see pay levels drop

NON-EXECUTIVE directors in companies across the UK have seen their fee incomes drop according to a new report.

Non-executive directors (NED) in companies of all sizes received pay rises 15.6% lower than the previous year as roles become increasingly aligned with the scope and responsibilities of the job, according to the PricewaterhouseCoopers annual guide Non-Executive Director Practice and Fees.

Formal reviews of corporate governance and board effectiveness is becoming increasingly prevalent in UK companies, with 84... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...