what is retainer fee in audit
Committees and fees. 1  97% of companies pay additionally for committee service. 2  Median meeting fees (for Audit, Compensation and Nominating and Governance Committees) is $1,500 per meeting. 3  93% of companies pay the chairman of the Audit Committee a retainer fee (median $15,000). 90% of companies pay the chairman of the Compensation Committee a retainer fee (median $10,000). 86% of companies pay the chairman of the Nominating and Governance Committee a retainer fee (median ($10,000).