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Job Description for a Board Member

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Board members hold important positions and make important decisions. They work with other members to hire company presidents, school district superintendents and other business leaders. They work for hospitals, schools, churches and a wide array of other organizations.

Basics

Board members vote on issues and appoint important people to positions within their company. They work on marketing the company, raising funds and creating public awareness. They also keep a close eye on financial matters, constantly monitoring the organization’s bottom line.

Skills

Board members must be able to work well as a team. They should be professional, organized and highly analytical. Board members especially have to possess excellent communication skills.

Education

Most companies require board members to carry a bachelor’s degree, along with years of experience in their industry. Occasionally, board members are voted into positions.

Work Environment

Board members typically work in large offices fit for top executives, and large conference rooms where board meetings are held. Many work long days, and depending on industry, may have to travel frequently.

Earnings

Board members for large corporations can be among the nation’s highest earners--as the Bureau of Labor Statistics estimated that top executives earned a median annual salary of $91,570 in May 2008.

2016 Salary Information for Top Executives

Top executives earned a median annual salary of $109,140 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, top executives earned a 25th percentile salary of $70,800, meaning 75 percent earned more than this amount. The 75th percentile salary is $165,620, meaning 25 percent earn more. In 2016, 2,572,000 people were employed in the U.S. as top executives.

References

About the Author

Sam Amico is a reporter for NBA.com and worked as a writer and editor at daily newspapers for more than a decade, covering everything from rock concerts to college football to courts and crime. He attended Kent State University and is the author of the book, "A Basketball Summer." He also is the co-host of a nationally-syndicated television show, "The Wine & Gold Zone."

Photo Credits

  • senior gentleman image by Edward White from Fotolia.com