Despite the “increasing importance” of reputation, only 3% of communications directors make it into paid non-executive positions.
Just 3% of corporate communications directors have taken paid non-executive roles, according to a report from consultancy Cayhill Partners.
The figures emerged despite all participants in the survey saying they would like to move into non-executive positions. In total, 20% of those participants held non-executive posts, but most of those were unpaid.
Pay for directors ranged from £6,000 for a non-executive role in a property company, to more than £100,000 for board work at a FTSE 100 oil and gas company.
Cayhill’s report said: “There is a view that communications is a specialist function and is not seen as either strategic or b
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda