Companies with competitive board compensation are 20% more likely to attract and retain directors with specialized expertise, resulting in stronger governance and improved shareholder returns - Spencer Stuart Board Index (2022).
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Sweden’s board compensation landscape lags behind global benchmarks. In our most recent Allshare Board Compensation Benchmark, board fees on the Stockholm Stock Exchange have grown at an average of 4.8% per year since 2007, compared to higher growth rates internationally. This stagnation creates barriers for Swedish companies in attracting global experts to their boards. As a result, Sweden's influential investment families, the Wallenbergs and Douglases, are pushing for significant increases in board member fees (15% annually over two years) across their portfolio companies.

Read the full article here: https://www.di.se/nyheter/di-avslojar-wallenberg-och-douglas-vill-chockhoja-arvodena/

So, what can HR decision-makers do to take the lead on board compensation?
Here are two steps to start:

1. Benchmark Compensation Levels

Leverage tools like Allshare’s Board Compensation Database to compare your board fees against industry peers, both locally and internationally. This ensures your compensation strategy is data-driven and competitive.

2. Link Compensation to Performance

Consider tying board compensation to measurable outcomes, such as governance improvements, risk mitigation, or shareholder returns. Aligning pay with performance not only motivates board members but also ensures accountability.

Board compensation isn’t just an HR issue—it’s a business-critical priority. As organizations face increased pressure to perform in complex, global markets, ensuring your board is competitively compensated shouldn't be optional but essential.

Take the first step today—partner with Allshares to future-proof your governance strategy.
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Ready to Benchmark Your Board Compensation? Contact Us Today for a Free Consultation.

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