Supervisory board members’ pay almost doubled in seven years

The salaries paid to members of the supervisory boards at the Netherlands’ biggest blue chip companies rose by an average 5% last year, the Financieele Dagblad reports on Monday.


Supervisory board member salaries have almost doubled over the past seven years, the paper says, basing its claims on its own research.
The average blue chip company spent an average €500,000 on supervisory board pay last year, the paper says.
The increase is due to the more serious responsibilities given to supervisory boards following a number of scandals.
For example, the new banking code of conduct which came into effect this year places extra emphasis on the expertise of supervisory board members in terms of risk management.

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