Best Paying Part-Time Job in America…Wall Street Board Member
Best Paying Part-Time Job in America…Wall Street Board Member
When is a part-time job better than a full-time job? When it pays nearly 10 times what the average full-time job pays in America.
Bank directors, who work part-time guiding financial institutions, can make up to $500,000 a year. The median household income in the United States is a little more than $50,000 annually.
Goldman Sachs paid its directors an average of $488,709 in 2011, which represented an increase of more than 50% above the payout from three years earlier. Some individual directors actually made more than half a million dollars.
Morgan Stanley paid its directors an average of $351,080, while Citigroup paid $315,000. JPMorgan paid $278,194 in 2012, and Bank of America paid $275,000.
To emphasize that serving on a board of directors is not necessarily a full-time occupation, here are some of the board members of Goldman Sachs and what else they do:
http://www.allgov.com/news/where-is-the-money-going/best-paying-part-time-job-in-americawall-street-board-member-130402?news=849617
