A document, quietly uploaded online, shows ministers agreed to lift the maximum annual fee for chairs of governance boards from $90,000 to about $162,000.
One thing about the claim that its needed to attract talent is that from what I can see as an outsider looking in, getting onto boards is all about networking and who you know. The “skills” you bring are usually post-factum justifications for their appointment. And alot of the time boil down to, well this person’s been on a lot of boards before, so they must be good.
Also notice, people tend to fail upwards into board positions? They’re former (often failed) CEOs etc.
One thing about the claim that its needed to attract talent is that from what I can see as an outsider looking in, getting onto boards is all about networking and who you know. The “skills” you bring are usually post-factum justifications for their appointment. And alot of the time boil down to, well this person’s been on a lot of boards before, so they must be good.
Also notice, people tend to fail upwards into board positions? They’re former (often failed) CEOs etc.
exactly. It’s all reacharounds and corruption.