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

For a formal, independent report with guidance on setting fees and recommended fee ranges for your board members

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, 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 a wide and detailed benchmarking review for your organisation. The report includes fee range recommendations for your governance roles.

A standard report takes from 2-4 weeks to complete.

Please contact our Board Services team for a quote.


DirectorRem SnapShot

For a high level report providing market fee data to inform your director fee discussions

Aimed at small to medium organisations and the not-for-profit sector, this cost-effective report provides a snapshot of current director fees in your market.

Fee data is provided in a variety of areas, such as your organisation type, size and industry.  The report also provides an overview of general director fee trends and considerations when setting board fees.  It is an excellent guiding overview to assist your director fee discussions.

The report takes 2-5 business days to complete at a cost of $950 plus GST.

A DirectorRem SnapShot is quick and easy to order via our online form.


DirectorRem Fee Indicator

For an indicator of market fee levels for board roles similar to yours

This new service is only available to IoD members

The DirectorRem Fee Indicator provides you with a quick selection of data from the latest Director Fees' Report, relevant to a governance role you have or perhaps you are considering taking up.

The Fee Indicator is meant as a first step, to provide an indicative feel for market levels, but of course is not a replacement for a thorough and robust benchmarking process. 

The IoD’s DirectorRem Fee Indicator is free to members and easy to order via this online form.


If you’d like further assistance with setting appropriate board fees, contact the Board Services team.