Skip to content Skip to footer

Loading Results

Non-executive director survey – FTSE 100 companies

Our annual Non-executive director survey provides an extensive review of Non-executive Director fee levels and trends in FTSE 100 companies.

Median and quartile fee levels are provided for the following Non-executive roles:

  • Chairman
  • Deputy Chairman
  • Non-executive Director (NED)
  • Senior Independent Director (SID)
  • Committee Chairman and Committee Member of Audit; Remuneration; Nomination; Risk; Other committees, for example, CSR, Ethics, Health and Safety.

Fee increases and fee reviews

Our data shows that there was a fall in the number of companies making changes to fee levels in 2015. Only 36% of companies increased base NED fees.

Median NED base fees for those on board of FTSE 100 companies, increased by 3% in 2015 compared to 11% in 2010 and 7% in 2014.

This lower level of increase is in part a reflection of the move to an annual review of fees. As a result, we are seeing typical increases in NED fees more in-line with those awarded to Executive Directors and the broader employee population

However, there are a number of upward pressures which may filter through to future fee reviews. Increasing regulation and responsibilities will continue to impact on NEDs’ workload and time commitment. One example is the Senior Managers and Certification Regime (SMCR) for financial services firms, coming into effect in March 2016. This will raise the profile and accountability of certain NED roles, specifically the Chairman of the Board, SID and Chairmen of the Risk, Audit and Remuneration Committees. 

These issues will impact NED fees, the attractiveness of taking on NED roles and the supply of NEDs with the right skills and experience who undertake a number of non-executive positions.

Female representation
Our 2015 NED fee review also looked at the number of female NEDs on the board of FTSE 100 companies. We found the gender split between men and women to be 70% male and 30% female. Although this has surpassed the 25% target which was recently increased to 33%, the next step is to for women to take up senior NED roles. We found that there were only 2 female chairs in FTSE 100 companies while a quarter of companies had female committee chairs.

As well as review of fees, we anticipate that in 2016 there will be a continued focus on diverse board composition not only by gender but background, experience and skills, which given the increasing demands placed on NEDs, will be critical.

To find out more about our NED survey and our other reward benchmarking services please email or

Contact us

Fiona Camenzuli

People & Organisation Network Leader

Tel: +44 (0)7739 876723

Alastair Woods

Partner - Saratoga

Tel: +44 (0)7834 250359

Follow us