DirectorRem

Increasing demands are being placed on directors to perform, often in complex and challenging environments.  To attract and retain the best people to drive growth and performance for your organisation, you need to pay your directors a fair and reasonable fee. 

Our DirectorRem service provides tailored benchmarking reports to help you set the right fees.

DirectorRem  tailored report

Provides a formal, independent and comprehensive benchmarking review with fee recommendations for your governance roles.

Director remuneration is not a ‘one size fits all’ model. Many variables need to be analysed to reach a fair and defensible level of fees. These include organisation type, number of staff, industry, time commitments of your governance roles, as well as the individual nature of your organisation and its complexity and risk profile. 

Using a combination of best practice remuneration policy, latest survey data, historical fee trends, and other public and confidential data sources, we undertake wide and detailed benchmarking analyses for your organisation. The report also includes appropriate fee range recommendations for your governance roles. 

Our standard assignment fee is $3,750 excl GST (for one organisation and one set of board fee recommendations).  The report takes from 2-4 weeks to complete.

For an assignment covering multiple boards please contact our Board Services team for a quote.


DirectorRem - SnapShot

Provides high level benchmarking data on director fees specific to your organisation.

Aimed at the SME and not-for-profit sector, this cost-effective report provides a snapshot of current director fees in the market you operate.

Benchmarks are provided in a variety of areas, such as your organisation type, size and the industry in which you operate. The report also provides an overview of general director fee trends and best practice remuneration policy.   It is an excellent guiding overview of market conditions to assist your director fee discussions. 

A DirectorRem SnapShot report is just $895 excl GST and is quick and easy to order via our online form. The report takes 2-5 business days to complete.

Order your DirectorRem SnapShot online

To learn more about DirectorRem services, contact Board Services on 04 499 0076, or email boardservices@iod.org.nz