Board Member Salary at Wavefoil BETA

How much does a Wavefoil Board Member make?

As of May 2025, the average annual salary for a Board Member at Wavefoil is $80,218, which translates to approximately $39 per hour. Salaries for Board Member at Wavefoil typically range from $62,693 to $96,696, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Website:
wavefoil.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
MFG Durable

Wavefoil AS is company based in Trondheim, Norway, providing modules with retractable bow foils (underwater wings) for ships. The foils typically save 5-15% fuel and improves the comfort on board. The benefits of bow foils have long been known, but Wavefoil is the first company that has developed a commercial and patent-pending solution where the foils can be retracted into the ship hull, which is crucial for such foils to be a commercial success.

See similar companies related to Wavefoil

What Skills Does a person Need at Wavefoil?

At Wavefoil, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Fundraising: Fundraising or fund-raising (also known as "development" or "advancement") is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. Traditionally, fundraising consisted mostly of asking for donations on the street or at people's doors, and this is experiencing very strong growth in the form of face-to-face fundraising, but new forms of fundraising, such as online fundraising, have emerged in recent years, though these are often based on older methods such as grassroots fundraising.
  2. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  3. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  4. Sustainability: Sustainability is a societal goal that broadly aims for humans to safely co-exist on planet Earth over a long time. Specific definitions of sustainability are difficult to agree on and therefore vary in the literature and over time.
  5. Corporate Governance: Implementing rules, practices, and processes to effectively direct and manage a company to meet its missions and goals.

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Check more jobs information at Wavefoil

Job Title Average Wavefoil Salary Hourly Rate
2 Chief Executive Officer $682,519 $328
3 Project Engineer $78,962 $38
4 Sales Specialist $114,554 $55

Hourly Pay at Wavefoil

The average hourly pay at Wavefoil for a Board Member is $39 per hour. The location, department, and job description all have an impact on the typical compensation for Wavefoil positions. The pay range and total remuneration for the job title are shown in the table below. Wavefoil may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $80,218 look to you?

FAQ about Salary and Jobs at Wavefoil

1. How much does Wavefoil pay per hour?
The average hourly pay is $39. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Wavefoil?
According to the data, the highest approximate salary is about $96,696 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Wavefoil?
According to the data, the lowest estimated salary is about $62,693 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.