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board compensation

Discussion and Process Guide for Board Compensation

By |2023-05-05T20:04:37-04:00April 11th, 2023|

Co-op boards periodically need to address questions about board compensation: Should we or shouldn’t we? How much is reasonable? How do we communicate these decisions to our member-owners or include them in the conversation? Allow enough time for the work Before beginning this process, carefully consider how this work will or won’t fit with your other board priorities. Once the board has agreed that [...]

Board Compensation

By |2023-05-05T20:33:38-04:00November 1st, 2011|

UPDATED: September, 2018 Directors of food cooperatives have a position of great responsibility. Should directors be reasonably compensated for shouldering this responsibility on behalf the co-op’s owners? What counts as reasonable compensation? What is the best way to provide compensation? Here are some ideas to help you in your own decision making. Why compensate directors at all? A food cooperative is a business owned [...]

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