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The average compensation for a member of the board of directors at an S&P 500 company is ~$300,000/year. Goldman Sachs pays ~$600,000/year. Senators and Represe
by LaMarseillaise 5y ago
The average compensation for a member of the board of directors at an S&P 500 company is ~$300,000/year. Goldman Sachs pays ~$600,000/year. Senators and Representatives are paid $174,000/year.
I consider decision-making for the United States far more important than that of any one company in the S&P 500. Therefore, to be competitive, members of Congress should be paid at least twice what they are paid now.
Source: https://www.reuters.com/article/us-compensation-directors-insight-idUSKBN1XI1PF https://www.reuters.com/article/us-compensation-directors-in...