U.S. Corporate Compensation Steadily Rising
November 8, 2019
By Tim McLaughlin, Reuters, Boston
The average annual compensation for non-executive directors at S&P 500 companies rose to $304,856 last year, topping $300,000 for the first time, and 43 percent higher than it was 10 years ago, according to a new report released by executive headhunters Spencer Stuart. But thanks largely to stock grants some earned a lot more than that. For example, the non-executive directors of Wall Street powerhouse Goldman Sachs Group Inc. made $599,279 on average in 2018, the highest for any financial company in the Standard & Poor Index.