At our Crown Corporation, we are guided by Treasury Board Guidelines on Director Pay. These Guidelines allow us to pay up to a set amount for retainers, and also a set amount for meeting fees ($375 for meetings of 4 hours or less, $750 over four hours). Directors are limited to 30 "meeting fees" per year (inclusive of Board and Committee meetings)....this is usually enough to cover all regular and special meetings, except in special cases. Provisions are in place to seek government approval for exceptions. Directors appointed prior to adoption of these Guidelines are grandfatherd into the previos Guidelines which also permitted "other fees" ($250/hr, to $750/day max) for other work requested by the Board Chair. The new guidelines have no such provision and explicitly state that where retainers apply they are intended to cover all prepration.