Board fee comparison by IoD designation level (2025 data)
Fee premium may reflect experience and seniority rather than IoD designation itself. IoD-designated directors tend to serve on larger-capitalisation boards and hold more senior roles (including chair positions), both of which independently command higher fees. This analysis presents the observed fee differences without attributing them solely to IoD status.
| Metric | IoD Directors | Non-IoD Directors |
|---|---|---|
| Median Fee | $117K | $103K |
| Average Fee | $125K | $131K |
| P25 Fee | $72K | $60K |
| P75 Fee | $152K | $151K |
| Sample Size | 159 records | 457 records |
| Designation | Records | Median | Average | P25 | P75 |
|---|---|---|---|---|---|
| CFInstDChartered Fellow | 57 | $129K | $125K | $62K | $165K |
| CMInstDChartered Member | 68 | $115K | $116K |
| Year | IoD Median | Non-IoD Median | Premium | IoD / Non-IoD |
|---|---|---|---|---|
| FY2022 | $108K | $85K | +26.9% | 127 / 402 |
| FY2023 | $107K | $93K | +14.6% | 153 / 407 |
| FY2024 | $126K | $90K | +40.4% | 149 / 435 |
| FY2025(featured) | $117K | $103K | +14.1% | 159 / 457 |
Each row uses only that year's data for a same-cohort comparison. Only years with at least 50 fee records are shown. The featured year (2025) is used in the head-to-head and sector comparisons above.
| Sector | IoD Median | Non-IoD Median | Premium | IoD / Non-IoD |
|---|---|---|---|---|
| Consumer Staples | $169K | $89K | +90.4% | 6 / 54 |
| Energy | $165K | $118K | +40.4% | 2 / 7 |
| Information Technology | $80K | $65K | +22.4% | 2 / 23 |
| Financials | $85K | $70K | +21.4% | 25 / 77 |
| Real Estate |
This analysis uses board fee data from 2025 (the most recent complete year), sourced from the remuneration_history table (2,297total records from 2022 onward). Each record represents one director's fee at one issuer in one year.
Directors are classified as IoD-designated if their biography or qualifications mention an Institute of Directors NZ designation (CFInstD, CMInstD, MInstD, or CDir). The median and percentile statistics use individual fee records, not per-director averages, to preserve the full distribution.
IoD designation data may not be complete for all directors. Fee data excludes records with zero or null remuneration. Contact hello@nzxplorer.co.nz to report corrections.
Data sourced from publicly available records. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
| $78K |
| $136K |
| MInstDMember | 34 | $100K | $140K | $81K | $168K |
| Non-IoD (baseline) | 457 | $103K | $131K | $60K | $151K |
| $108K |
| $91K |
| +18.6% |
| 30 / 46 |
| Utilities | $174K | $151K | +15.2% | 14 / 21 |
| Industrials | $115K | $113K | +2.2% | 34 / 84 |
| Healthcare | $107K | $115K | -6.7% | 16 / 41 |
| Communication Services | $130K | $149K | -12.8% | 15 / 12 |
| Consumer Discretionary | $98K | $115K | -15.0% | 12 / 57 |
| Materials | $40K | $103K | -60.6% | 3 / 35 |
Only sectors with at least 2 IoD and 2 non-IoD fee records are shown. Fee differences may reflect board size, company complexity, and market capitalisation rather than IoD status alone.
