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Corporate director vs board of directors member

The differences between corporate directors and board of directorss member can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a corporate director, becoming a board of directors member takes usually requires More than 10 years. Additionally, a corporate director has an average salary of $154,906, which is higher than the $69,241 average annual salary of a board of directors member.

The top three skills for a corporate director include project management, oversight and customer service. The most important skills for a board of directors member are financial statements, non-profit organization, and oversight.

Corporate director vs board of directors member overview

Corporate DirectorBoard Of Directors Member
Yearly salary$154,906$69,241
Hourly rate$74.47$33.29
Growth rate5%6%
Number of jobs66,25414,968
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 64%
Average age4652
Years of experience8-

What does a corporate director do?

A corporate director is a business individual who is an elected or appointed member of the board of directors that directs or manages a corporation. Corporate directors are responsible for making decisions regarding the supervision of the entire enterprise as well as their products and services. They are in control of others' property and are liable to both their individual and joint actions. Corporate directors are also bound by the duty to act within the scope of their authority and must exercise due care in the performance of their corporate tasks.

What does a board of directors member do?

A board of directors member's role is to represent a particular area or personnel within or outside an organization. They are primarily responsible for attending meetings, understanding concerns and giving a vote, crafting policies that would benefit the company and assets they represent, and then implementing them upon other members' approval. Furthermore, they have the power to make corporate decisions revolving around the workforce and financial matters, all in adherence to a business or organization's vision, mission, and policies.

Corporate director vs board of directors member salary

Corporate directors and board of directorss member have different pay scales, as shown below.

Corporate DirectorBoard Of Directors Member
Average salary$154,906$69,241
Salary rangeBetween $102,000 And $233,000Between $31,000 And $150,000
Highest paying CityBeaverton, OR-
Highest paying stateOregon-
Best paying companyAbbVie-
Best paying industryFinance-

Differences between corporate director and board of directors member education

There are a few differences between a corporate director and a board of directors member in terms of educational background:

Corporate DirectorBoard Of Directors Member
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Corporate director vs board of directors member demographics

Here are the differences between corporate directors' and board of directorss member' demographics:

Corporate DirectorBoard Of Directors Member
Average age4652
Gender ratioMale, 66.4% Female, 33.6%Male, 54.9% Female, 45.1%
Race ratioBlack or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage7%12%

Differences between corporate director and board of directors member duties and responsibilities

Corporate director example responsibilities.

  • Lead corporate governance and compliance functions and manage securities law and relate issues for ESOP (employee-own) enterprise.
  • Manage RFP for selection of new benefit consultants.
  • Manage the RFP development and review process through to vendor selection and contract finalization.
  • Manage accounting staff to provide accurate financial close in compliance with all internal control and SOX requirements.
  • Manage EHS compliance for a large-scale construction company specializing in smokestack construction.
  • Manage activities of divisional quality representatives for compliance to ISO 9001 and quality initiatives.
  • Show more

Board of directors member example responsibilities.

  • Manage all association's bookkeeping on QuickBooks.
  • Manage the application and qualification process with the IRS for the organization's 501c4 tax exempt status.
  • Assume leadership of demoralize congregation and accomplish a restoration of church membership confidence and public relations within the community.
  • Interface with OSHA, IRS, CPA external auditor, commercial banks, and outside vendors.
  • Provide direct oversight of all CRM activities.
  • Research and file documents to incorporate and receive IRS non-profit status.
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Corporate director vs board of directors member skills

Common corporate director skills
  • Project Management, 7%
  • Oversight, 7%
  • Customer Service, 6%
  • Financial Statements, 5%
  • Patients, 5%
  • Business Development, 4%
Common board of directors member skills
  • Financial Statements, 16%
  • Non-Profit Organization, 16%
  • Oversight, 11%
  • Community Outreach, 6%
  • Governance, 5%
  • Strategic Direction, 4%

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