Employee motivation in non-exec directors low as they are 'worked harder'

Date: 18/01/2011

Non-executive directors are displaying leadership and motivation as they take on 20 per cent more work than previously, according to a new study.

The research, by PricewaterhouseCoopers (PwC), says that the financial crisis means that more non-executive directors have taken on extra responsibilities and work, leading to a lack of employee motivation among higher-level staff.

They worked an average of 24 days in 2010 compared to just 20 in 2009.

And as a result of being 'overworked', almost 50 per cent of non-executive directors now think they are under-paid, but only 60 per cent think they will see an increase in their pay packet.

Phillip Wright, a partner at PwC, said: "While the non-executive role is more rewarding than ever, there is a risk that the extra time demands will make the role less viable for individuals who have full-time positions elsewhere.

"It would be disappointing if a company could not attract a chief executive as a non-executive, given the perspective and experience that such a person can bring to the job."

The financial crisis has taken its toll on most levels of the workforce.

Recently it was suggested by government minister Eric Pickles that council chief executives should lead by example and have their pay cut if they earn over £150,000.

Posted by Jo Morgan 

Related Articles:

CIPD: Leadership motivation needed to support staff and deliver future success
Awards ceremony to recognise corporate team building events
Business's birthday is ideal excuse for corporate team building activities
Score a hole in one by holding corporate team building activities at Ryder Cup golf course

 

› Return