Female Supremacy Articles - Page 26

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The pay increases were driven in part by the addition of previously undisclosed forms of compensation this year, said study author Paul Hodgson, a senior research associate at the Corporate Library. New regulatory rules now require public companies to disclose the cost of perks, cash incentives and other elements of total pay for top executives as well as directors.

More than 80 directors earned more than $1 million in total compensation for a single board seat, according to the Portland, Maine-based governance researcher.

Director pay is typically far below what top corporate executives are awarded, though it has risen sharply in recent years as director oversight duties have increased. Activist shareholders, however, say that director pay does need to remain in check because the role is basically a part-time job.

The Corporate Library also found that directors who have titles such as lord and judge tend to earn more than other board members. Even the least well-compensated titled directors -- medical doctors -- earned a median total compensation of $105,181, above the median compensation for all directors, it said.

Putting Money on the Table

By ALEX WILLIAMS

New York Times

September 23, 2007

FOR Whitney Hess, a 25-year-old software designer in Manhattan, the tension that ultimately ended her recent relationships was all right there, in the digits on her pay stub.