QUOTE(underpressure @ Apr 22 2010, 02:19 AM)
This is a really subjective subject. Different companies have different policy.
But general rule of thumb is executive represent management, non-executive represent not critical decision making therefore is unable to represent the firm.
(There is a legal definition to it)
But a summary, executive gets better perk/salary/benefit then a non executive. Just because you're a non executive, doesnt mean you can't move up. There are plenty of stories where people join as a clerk and work their went up to directors.
see public bank founder...nothing is imposible..exec and non-exec today are the same today...But general rule of thumb is executive represent management, non-executive represent not critical decision making therefore is unable to represent the firm.
(There is a legal definition to it)
But a summary, executive gets better perk/salary/benefit then a non executive. Just because you're a non executive, doesnt mean you can't move up. There are plenty of stories where people join as a clerk and work their went up to directors.