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How much do board members make? The average salary for a board of directors member is $78,336 per year . This amount can vary depending on factors like the size of the organization and its industry. Many board members receive compensation as a base retainer fee rather than hourly wages.
Oregon law allows state board and commission members to receive statutory per diem compensation and reimbursement of certain expenses for each day or portion thereof which they spend time performing board or commission duties.
Board members typically receive compensation for their service, but similar to independent directors, they often don't earn a salary or hourly wage. Instead, they often receive compensation via retainer fees, stock options, stock grants, and more.
Benefits of a Corporation The Oregon Business Corporation Act includes laws and regulations for corporations doing business in the state of Oregon. By forming a corporation, the owner's personal assets aren't at risk for legal or financial issues relating to the business.