A Board of Directors member who is not a current employee, but who may be either a retired employee or one who does business with the organization on which they serve as a member. They are an individual who is in a position to influence the actions of the corporation.
ERI Economic Research Institute was founded over 30 years ago to provide compensation applications for private and public organizations. Subscribers include corporate compensation, relocation, human resources, and other professionals, as well as independent consultants and counselors, and US and Canadian public sector administrators (including military, law enforcement, city/county, state/provincial, and federal government pay administrators).
ERI Economic Research institute compiles the most robust salary, cost-of-living, and executive compensation survey data available, with current market data for more than 1,000 industry sectors. The majority of the Fortune 500 and thousands of other small and medium sized organizations rely on ERI data and analytics for compensation and salary planning, relocations, disability determinations, board professionals, and setting branch office salary structures in the United States, Canada, and worldwide.