According to Willis Towers Watson’s annual analysis of director compensation at Fortune 500 companies, median total direct compensation for directors climbed 3% last year, to $263,500, an increase from nearly $255,000 in 2014. Total compensation, which includes cash pay, and annual or recurring stock awards, had increased 4% the previous year. The median value of cash compensation increased 6% in 2015, to more than $108,000. Meanwhile, the value of stock compensation rose 3% at the median, to almost $150,000. The average mix of pay remained relatively constant at 57% in equity and 43% in cash.