A new Willis Towers Watson analysis finds that total compensation for outside corporate directors rose a modest 2 percent in 2016, upward to just over $260,000.
The increase was fueled primarily by increases in both cash and stock compensation, the global advisory firm says in its annual analysis of director compensation at Fortune 500 companies. The study also found of all pay elements in a director’s total package, the annual cash retainer for board service experienced the largest increase, jumping 6 percent in 2016.
