The NED’s 2016 Director Survey sheds light on one of the big talking points of the year: directors’ fee compression. But contrary to the view of some, especially in Cayman, directors’ remuneration is not really being compressed, let alone on the way down.  

The figures given by The NED’s survey respondents this autumn, as the standard minimums in their jurisdictions, look to be in line with the amounts quoted for similar surveys that The NED undertook in 2014 and 2015.

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‘Over-worked and under-paid’ was the headline of the equivalent survey that we published in The NED in November 2015. That would also be an appropriate headline for this year too.

The increasing workload is becoming a real problem in this trade and many state that their remuneration is nowhere near keeping pace with it.  Numerous survey respondents say that the number of hours that they are putting in per fund is going up significantly at present. And some also make the point that this is mainly for the benefit of regulators rather than for investors.

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