Avg. Base Salary (USD)
The average salary for a Member of the Board of Directors is $60,678
What is the Pay by Experience Level for Member of the Board of Directors?
An early career Member of the Board of Directors with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $42,500 based on 9 salaries. A mid-career Member of the Board of Directors with 5-9 years of experience earns an average total compensation of $80,000 based on 5 salaries. …Read more
What Do Member of the Board of Directors Do?
Members of a board of directors are typically recruited or elected to serve as stockholders’ representatives, oversee corporate management, and vote on corporate policies. They are not usually involved in the company's day-to-day operations, but may vote to elect a CEO and various senior executives. Candidates for this position are expected to have strong business skills, and some companies may prefer those who can advocate for relevant public policies for the benefit of the organization.
Some …Read more
- Offer insight, advice, and opinions directly to the highest-level members of the organization.
- Uphold organization's ideals and promote them through outreach.
- Direct the policies of the organization to match and support its objectives.
- Collaborate with other board members to determine policies, budget development, and overall goals.