Drawing on a survey of 120 Channel Islands NEDs, this report looks at the movement in pay scales since the comparable research we carried out in 2018 and 2021 and whether NEDs believe this is a fair reward for their contribution. We also look at what’s keeping NEDs awake at night and the challenges coming up on the horizon. Please download our full report below.
Comparing the highlight results for 2024, 2021 and 2018
111
respondents in 2018
120
respondents in 2021
120
respondents in 2024
About the respondents
| 2018 | 2021 | 2024 | |
|---|---|---|---|
| No. of respondents | 111 | 120 | 120 |
| % of respondents that are female | 19% | 23% | 30% |
| No of significant entities | 347 | 198 | 264 |
| No. of directorships | 1750 | 1525 | 1502 |
| Ratio between no. of respondents from Guernsey to Jersey | 1:1 | 1:1.4 | 1:2 |
Remuneration Total
| 2018 | 2021 | 2024 | |
|---|---|---|---|
| Average day rate per entity | £1,726 | £1,609 | £1,717 |
| Average days worked per entity | 18 | 26 | 22 |
| Average fee per entity | £31,219 | £42,444 | £38,197 |
| Average day rate per Listed Entity | £1,554 | £1,540 | £1,735 |
| Average days worked per Listed Entity | 25 | 28 | 32 |
| Average fee for a Listed position | £38,540 | £43,760 | £56,252 |
| Average day rate per Unlisted Entity | £1,487 | £1,472 | £1,707 |
| Average days worked per Unlisted Entity | 14 | 23 | 19 |
| Average fee for an Unlisted position | £21,119 | £34,450 | £32,538 |
| NEDS believe the median fee for a listed position is | £40,000 | £45,000 | £50,000 |
| Majority believe remuneration levels are | about right' | about right' | about right' |
| % on a fixed fee basis | 83% | 81% | 79% |
| % with no review policy | 47% | 46% | 29% |
Remuneration Gender
| 2021 | 2024 | |
|---|---|---|
| Men's day rates | £2,081 | £2,026 |
| Women's day rates | £1,326 | £1,271 |
| Difference | 36.28% | 37.28% |
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