Board member, company salary

Salary and Work as a Board Member, Company

Working as a board member in a company involves a variety of responsibilities and tasks. A board member's main task is to contribute to the company's strategic development and oversee the management's work. This includes participating in board meetings, making decisions about the company's long-term goals and strategies, and ensuring that the company complies with laws and regulations.

Salary for Board Member, Company

The average salary for a board member in a company is 52 700 SEK per month. However, there is a clear gender pay gap. Men earn an average of 58400 SEK, while women earn 48 800 SEK, which means that women earn 84% of what men do. It is also worth noting that the average salary has increased from 48 300 SEK to 52 700 SEK since last year.

Highest and Lowest Salaries

The highest salary for a board member, company is 63,300 SEK. This salary belongs to a man working as a private sector manager with a post-secondary education of three years or more. The highest salary for a woman in the same profession is 53,100 SEK. The lowest salary for a board member, company is 39,300 SEK. This salary belongs to a woman working as a private sector worker with a pre-secondary education. The lowest salary for a man in the same profession is 44,000 SEK.

Education and Requirements

To work as a board member in a company, a higher education in economics, law, or similar fields is usually required. Many board members have a post-secondary education of at least three years. Experience in leadership and strategic work is also very valuable. It is not uncommon for board members to have previous experience in senior positions in the business sector.

Benefits

Board members can often expect a variety of benefits, depending on the size and industry of the company. These may include paid training, a company-provided mobile phone and other technical aids, as well as potential bonuses based on the company's performance.

Labor Market and Future Outlook

According to the Swedish Public Employment Service's forecasts, the opportunities for work as a business economist, which includes board members, are considered moderate at the national level. Over a five-year period, demand is expected to remain unchanged. The recruitment situation is characterized by balance, which means there is neither an excess nor a shortage of individuals with this skill set in the labor market.