Are Advisory Boards Paid?

This is a question many of my clients ask. Not all advisory boards are paid, but most of them do receive some from of compensation. Donations to the members’ favorite charity, a discount on a service that the board members use and the company offers, or a gift certificate are common forms of compensation for more informal advisory boards. Boards that are helping make high stakes decisions are usually compensated with a stipend for each meeting attended.

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