|Canadian Boards Report - Committee Meeting Fee|
The median committee meeting fees for all companies surveyed in the Entrepreneurial Boards Composition and Compensation Survey: The Canada Report was zero. (Figure 5.1.) We can assume, then, that committee meeting fees are rare. However some , U.S. companies reported paying board directors as much as US$500 per committee meeting. Canadian companies, by contrast, reported paying directors as much as US$1,000 for similar meetings. The results were based on a revenue-matched sample of Canadian and U.S. corporations.
The Silicon Valley Board index survey only looked at audit committee fees, which would presumably be the best paid committee, based on our experience. Only 13% of the SV100 paid a board meeting fee.
Figure 5.1: Committee Meeting Fee - Canada vs. U.S.