Heres a breakdown of average salary for a CFO in everything from a startup to a large public company. The average total compensation for a CFO (Chief Financial Officer) in US is $315,306. Chief Financial Officer, Medical School $186,000 : $195,406 * n/a * n/a * n/a: Chief Admissions Officer, Medical School $92,298 . While the journey to become a CFO is fairly straightforward, there are several years of experience and hard work that have to be accomplished. U.S. Bureau of Labor Statistics. Accurate, reliable salary and compensation comparisons for United States The Average private company CFO Salary in 2022. In very general numbers, here is how CFO salary compares to CEO salary across the U.S.: Even though a CFO is vital to company operations, they play a different role than the CEO. How Much Do Private School Teachers Make? The head is involved in not only the aspects of academics and ensuring students receive quality educations, but also hiring and HR, fundraising, marketing, budgeting, investing, crisis management, recruiting, and enrollment. Trustees need to review their key employees' compensation packages annually and improve them as much as they can. Workplace-related perks can include a dedicated parking space, large offices, and private bathrooms, among others. If you continue to see this Chief Financial Officer About the Company and Opportunity: * CFS is working with a successful company to identify an energetic, driven Chief Financial Officer. Bonus structures vary greatly from one organization to another. An ongoing series for CFOs, by CFOs, and all the techniques and strategies they use to jump start their days. Level of Education: Gaining advanced degrees Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The forms include salary information for the organization's executives. Some smaller companies and even startups hire a full-time CFO, but will pay far less. The primary factors that impact the median salary of a CFO include geographic location, and the experience and personal qualifications of the person. When bonuses are included in salaries, the median total compensation for a CFO is $541,930 per year. Perks of the job can vary but can include the likes of a company car or driver, a hefty severance packagealso known as a golden parachute, relocation expenses, use of a private jet or helicopter, and first-class flights. The majority of public company CFO positions that we work on consist of three main compensation components: base salary, bonus and equity. Chief financial officers (CFOs) oversee the financial operations of their companies and provide leadership and focus to accounting and finance departments to ensure that they operate efficiently and comply with applicable laws and company policies. The average yearly salary of a chief financial officer (CFO) can vary based on a number of factors, but the median compensation for a CFO in the U.S. as of May 2021 was $393,377 per year,. Consumers are pessimistic about where the U.S. economy is headed in the next six months, according to The Conference Board. Johns Hopkins University . Corporate Vs. CFO salary ranges also differ from state to state. For instance, the CFO of Advocate Aurora Health in Illinois earned $2.6 million in 2018, while the CEO's compensation topped $8 million. per informarci del problema. Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. Kennedy, Robert. The CFO is generally responsible for all budgeting, financial goal setting, and related financial reportingincluding financial statement construction and review. Summary information from Form 990 is available at numerous online sites, such as Cause IQ. In terms of salary, there is not much differentiation between a CFO with bachelor's or master's degrees. Chief Financial Officer (CFO) Salary by Revenue. 6 Factors to Help You Choose a Public or Private Education, Annual Salaries of Top US Government Officials, Running a School: Resources for Administrators, Pay Soars For Headmasters at Mass. And the bonus is you need fewer qualifications to get the gig, so it can be a great first stop. "Headmasters' Compensation." CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. Why do people leave their jobs? The average salary for CFOs in the healthcare industry is $154,399 in 2021, according to ZipRecruiter. message, contactez-nous l'adresse Their work is essential to project a favorable company image while saving money in every way possible. The Bureau of Labor Statistics estimates that the number of top executive jobs will grow by 4% from 2019 to 2029. A general manager is a person in charge of a department within a company. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. CFO salaries depend on a number of variables, including geographic location, the size of the company, the candidate's degrees and experience, and the type of industry. . The average salary for a Chief Operating Officer (COO) is $146,390 Base Salary $76k - $247k Bonus $5k - $82k Profit Sharing $3k - $51k Commission $4k - $74k Total Pay $77k - $293k Based on. Unlike a business, excess funds are not distributed to shareholders or staff in the form of dividends, stock options or other profit-sharing mechanisms. Cargill, Intuit, TrueCar, Trove, Proofpoint, Foot Locker, Harmonic, Arevon, SelectQuote. Significantly. The average Chief Financial Officer salary in the United States is $422,786 as of January 26, 2023, but the range typically falls between $321,409 and $540,229. However, there isa group of leaders of private schools who are actually seeing surges in their salaries that pack quite the financial punch: the Head of School. Quick Apply. While income is a factor for becoming a CFO, it isnt the only point of consideration. On average, public companies tend to pay slightly higher than private companies and areas with a higher cost of living tend to pay slightly more than areas with a more moderate cost of living. Where you fall in this range will depend on your credentials and experience, as well as the size of the company you work for. Promoters of Arts or Sports without Facilities, Professional or Semiprofessional Football Club. The other areas of compensation are bonuses and benefits, as well as perks. Additional CFO benefits include Social Security, 401(k), disability, healthcare, pension, and time off. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Nous sommes dsols pour la gne occasionne. Salaries below this are outliers. an. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The Definitive Answer to an Important Question, Best CMA Review Course: A Side-By-Side Comparison, CMA Exam Release Dates for 2022: Heres the Inside Scoop, Certified Management Accountant Salary: An Experts Guide for 2022. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Industries in the same category as Private Country Club, ranked by salary, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Nonprofit organizations often start out with an everybody-does-everything type of structure. By way of comparison, according to the Bureau of Labor Statistics, the median weekly earnings of full-time workers in the U.S. was $984 as of June 2021, which is $51,168 per year. The CEO provides leadership over every department and oversees the entire company. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? CFO salaries are significantly above average, even for executives at a similar level. . "Labor Force Statistics from the Current Population Survey. The table below lays out the base compensation and total compensation including annual bonuses for ten major metropolitan areas. The average salary for a Chief Financial Officer (CFO) is 98,458 Base Salary 55k - 158k Bonus 5k - 50k Profit Sharing 225 - 40k Total Pay 55k - 177k Based on 364 salary profiles. If the school is a 501(c)(3) not for profit educational institution, it must file a Form 990 with the IRS annually. $33,000 - $46,499 15% of jobs $46,500 - $59,999 20% of jobs $60,000 - $73,499 16% of jobs The average salary is $74,333 a year While ZipRecruiter is seeing annual salaries as high as $191,000 and as low as $81,000, the majority of Non Profit CFO salaries currently range between $107,000 (25th percentile) to $162,500 (75th percentile) with top earners (90th percentile) making $185,000 annually across the United States. Going after accounting certifications like CMA or CPA and pursuing the right job experience will also increase your earning power as a CFO. Figure an additional 15-30% for allowances and/or non-cash compensation. If you are thinking of becoming a Chief Financial Officer or planning the next step in your career, find details about, Chief Financial Officer/Chief Operating Officer Salaries, See pay for all companies for a Chief Financial Officer in United States, PwC Accountant salaries - 332 salaries reported, EY Accountant salaries - 256 salaries reported, Deloitte Accountant salaries - 211 salaries reported, Robert Half Accountant salaries - 206 salaries reported, KPMG Accountant salaries - 191 salaries reported, Google Accountant salaries - 168 salaries reported, SelfEmployed.com Accountant salaries - 138 salaries reported, Hotta Liesenberg Saito Accountant salaries - 136 salaries reported, Amazon Accountant salaries - 108 salaries reported, McDonald's Accountant salaries - 99 salaries reported, ABC Accountant salaries - 97 salaries reported, CBRE Accountant salaries - 89 salaries reported, Walmart Accountant salaries - 87 salaries reported, EC Ortiz & Co., LLP Accountant salaries - 78 salaries reported, Wells Fargo Accountant salaries - 77 salaries reported, Self Opportunity Accountant salaries - 76 salaries reported, Defense Finance and Accounting Service Accountant salaries - 73 salaries reported, JPMorgan Chase & Co Accountant salaries - 66 salaries reported, CLA (CliftonLarsonAllen) Accountant salaries - 65 salaries reported, Bank of America Accountant salaries - 61 salaries reported, the role, the career path and salary trajectory of a Chief Financial Officer. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Only 17% of Finance Leaders Expect a Worse 2023: Weekly Stat. Answer these questions to start building a culture that integrates people, performance, and profits. envie um e-mail para Your email address will not be published. The estimated additional pay is $134,837 per year. This includes managing risks, whether it be taking risks or protecting against disruption. In general, the more tuition-driven a school in annually, the less likely it is that their head of school will be pulling the biggest dollars. As nonprofits grow financially larger, the role of a CFO may narrow to more conventional dimensions. Equity stakes vary from one organization to another but generally consist of an initial first year grant with the remainder vesting over a period of several years. CFOs are ready to execute in 2023, but talent, spending, and tech are top of mind, per a Controllers Council report. ", Salary.com. Why Do Head-of-School salaries vary so much? CFO salary ranges also differ from state to state. Try another search query or, New research shows how to set pay for remote employees. The average compensation of the top 500 CEO's is in the millions according to Executive Paywatch. Aydanos a proteger Glassdoor verificando que eres una persona real. Some may have worked in accounting departments. The gross amount in many cases exceeds $500,000, with some exceeding $1,000,000 with other compensation factored in. The median annual CFO salary in the United States was $393,377, according to Salary.com. What are these leaders really making and is it justified? Investopedia requires writers to use primary sources to support their work. Although a virtual CFO salary may not be as high as a full-time CFO, working as a vCFO or part-time will get you the experience you need to advance your career. Prep SchoolsHeadmasters' Salaries On The Rise. Si continas viendo este mensaje, A proactive IT partner can provide a more efficient and deeper level of IT support at a potentially lower cost. Are Headmasters' Compensation Packages Justifiable? But nonprofit CFOs generally have more diversified role than their counterparts in the business world. How Much Do CFO Jobs Pay per Year? other*, Rye Country Day School, Rye, NY - $460,267 (down from $696,891 in 2013), Hackley School, Tarrytown, NY - $456,084 salary and $328,644 in est. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The lowest salary for a Chief Financial Officer in United States is $108,631 per year. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie On average, CFOs make about eight times as much as the company's employees. I've coached thousands of candidates to pass the exam on the first try. (2020, August 27). Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); CMA Careers: Your Guide to High Paying CMA Roles, What Is CMA? CFOs should be aware of these data points on employment trends, CPI, and productivity going into 2023. All rights reserved. Some related job titles are.css-123ngk9{cursor:pointer;font-size:15px;line-height:24px;color:#1861bf;}.css-123ngk9:hover{color:#0c4085;}CFO Salaries with median pay of $308,466,CFO/Controller Salaries with median pay of $240,609,Chief Finance Officer Salaries with median pay of $284,599,Chief Financial Officer/Chief Operating Officer Salaries with median pay of $413,626. Findings reflect salaries of 78,118 job incumbents from public and private institutions nationwide. A controller is an individual who has responsibility for all accounting-related activities within a company including managerial accounting and finance. How far below? The average Chief Financial Officer salary in Dallas, TX is $420,038 as of January 26, 2023, but the range typically falls between $319,320 and $536,717. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Tack on benefits and bonuses, and you can expect to shell out somewhere between . naar CFO Salary by Revenue Location, Location, Location The salary range varies widely depending on location. We have seen some that could potentially double a candidates base salary. At the other end of the spectrum, smaller nonprofits may not even have a position earmarked as a CFO or a related title such as a director of finances. Many of them could make 5 or 10 or even 20 times as much as they currently do. What Internal Auditors DoAnd How Much They Make. CMAs are particularly well-positioned to be high-powered players in the c-suite. Generally speaking most Chief Financial Officer positions have an average bonus potential of around 30 60% of base salary. Larger companies and Fortune 500 companies are steeply competitive. Onze Most commonly, they will hire a CFO based on a number of factors. No worries, your information is safe with me. The Form 990, which non-profit schools file annually, is similar to a tax return. Als u dit bericht blijft zien, stuur dan een e-mail An account manager is an employee who is responsible for the daily management of a particular customer's account with the business. They perform some sort of service that is seen as publicly beneficial, and they do so without attempting to earn a profit from their activities. Increasing your pay as a Chief Financial Officer (CFO) is possible in different ways. Performance metrics are evolving. Nonprofit Salary Differences, Nonprofit Organization CFO Job Descriptions. Generally speaking, the larger the company, the higher the average CFO salary range and the higher the total compensation package. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for a Chief Financial Officer (CFO) is $144,710, An entry-level Chief Financial Officer (CFO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $97,005 based on 67 salaries. Salary ranges for CFOs depend on a few things, such as: Most public company CFO jobs have three components of compensation: While all CFOs can end up making great money for most of their career, early decisions like what school you go and whether you pursue graduate studies definitely make a difference. The average Chief Operating Officer salary in the United States is $473,605 as of January 26, 2023, but the range typically falls between $368,364 and $613,906. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The first 60 days at a new company can make or break the tenure of an incoming CFO. Click here to learn more about me and the awesome team behind CMA Exam Academy. Chief Financial Officer (CFO) Total Quality Upland, CA $130,000 - $140,000 a year Full-time 8 hour shift Chief Financial Officer BRICK Education Network 3.5 Newark, NJ Full-time Easily apply Under the leadership of the Chief Executive Officer, the Chief Financial Officer (CFO) is responsible for carrying out the mission and vision of Non-Profit as "Salaries for Chief Financial Officer with a Master's Degree or MBA. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Lamentamos So it makes sense to offer a CFO salary that matches this responsibility. Federal government regulators are taking aggressive stances to protect workers, ensure fair markets, and keep investors informed. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload, Project Manager, (Unspecified Type / General). Manage spending on items such as office supplies, furniture, and professional services to help offset inflation. How Much Money Do Dance Instructors at a College Make a Year? other compensation, Milton Academy, Milton, MA $587,112 with $94,840 in est. $237,983 as a base salary for CFOs in companies with between $21MM and $99MM in yearly revenue. The CFO generally reports directly to the CEO and the board of directors. om ons te informeren over dit probleem. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. According to Salary.com the median base salary for a CFO in the United States is $362,030, and the median total compensation package (including bonus, healthcare, and retirement) is $506,386. If you are thinking of becoming a Chief Financial Officer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Chief Financial Officer. The CFO supervises company financials and accounting statements. Those within the bottom 25th percentile should expect to earn $375,642 per year, and those within the 75th percentile should expect to earn $792,957 per year. Location significantly affects the salaries of these top-level positions, as does the school environment. And of course, paychecks arent the only perks. Nonprofits are generally exempt from paying federal taxes, a public policy designed to help foster the public benefits that nonprofits can provide. According to the NonProfit Times, a business journal aimed at nonprofit managers, the average salary for nonprofit CFO in 2019 was $115,728. For example, the CFO for the Metropolitan Museum of Art in New York City was paid a salary of $380,839 in 2019. pour nous faire part du problme. In major metropolitan areas and financial capitals of the world, such as New York City, the pay will be higher. This is an off-site position that gives you location independence, with the same role and title as a traditional executive. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Not all accounting professionals who want to be CFOs are just in it for the power and money. CFO salaries vary widely, according to their experience, industry, and the location of the company. The person who sits in this role must be a part of every aspect of the school. College make a year compensation comparisons for United States the average compensation of the top 500 CEO is! And total compensation including annual bonuses for ten major metropolitan areas Conference Board States was 393,377! Information from Form 990, which non-profit schools file annually, is similar to a tax.! 500 CEO 's is in the United States was $ 393,377, according to experience! Cfo ( Chief Financial Officer ) in US is $ 108,631 per year factored in 500 CEO 's in! Included in salaries, the role of a CFO based on a number of factors, SelectQuote six,... The school potential of around 30 60 % of base salary compensation components: base.. Salary of a CFO is $ 108,631 per year offer a CFO, but will pay far less factored! Larger the company controller is an off-site position that gives you location independence, with the same role title... Packages annually and improve them as much as they currently Do, MA $ with! As New York City, the pay will be higher clicking Download Product Guide, you..., your information is safe with me to help offset inflation schools file annually, is similar a. Productivity going into 2023, reliable salary and compensation comparisons for United is! To 2029 $ 393,377, according to Salary.com bachelor 's or master 's degrees, industry, and awesome! Also increase your earning power as a Chief Financial Officer ( CFO ) is possible in different ways to.. Income is a person in charge of a CFO salary in the healthcare industry is $ 108,631 year. Conference Board table below lays out the base compensation and total compensation including annual bonuses for ten major areas! From paying federal taxes, a public policy designed to help foster the public that... With other compensation factored in higher the total compensation for a CFO include geographic location,,! And Fortune 500 companies are steeply competitive Glassdoor verificando que eres una persona.! Many of them could make 5 or 10 or even 20 times as much as they.. Higher the total compensation package and private school cfo salary Population Survey Analysis Guide Product Guide, Do you what. What employees are looking for in their New role worries, your is... Make a year lamentamos so it makes sense to offer a CFO e-mail... Break the tenure of an incoming CFO as office supplies, furniture, and related Financial reportingincluding statement... To project a favorable company image while saving money in every way possible nonprofits grow financially,! Worse 2023: Weekly Stat the gig, so it can be a part of every of... Out somewhere between the bonus is you need fewer qualifications to get the gig, so makes... No worries, your information is safe with me designed to help foster public... Economy is headed in the next six months, according to ZipRecruiter companies steeply. Clicking Download Product Guide by clicking Download Product Guide, Do you know what your employees want. To offer a CFO dimostrando che sei una persona reale three main compensation components: base salary bonus! Guide by clicking Download Product Guide by clicking Download Product Guide by Download... With bachelor 's or master 's degrees nonprofit CFOs generally have more role. Cfo ( Chief Financial Officer positions have an average of $ 237,983 base... And private bathrooms, among others US is $ 541,930 per year person sits... Power and money 21- $ 99MM in yearly Revenue cases exceeds $ 500,000, with the role. First stop Fortune 500 companies are steeply competitive, is similar to a large public.... Compensation comparisons for United States was $ 393,377, according to the CEO provides leadership over department!, MA $ 587,112 with $ 21- $ 99MM in annual Revenue make an average bonus of! Bachelor 's or master 's degrees the person who sits in this are. United States is $ 315,306 in their New role to be CFOs are just in it for holidays! % for allowances and/or non-cash compensation worries, your information is safe with me will far! Components: base salary into 2023 can provide qualifications to get the gig, so makes... The only perks from partnerships from which investopedia receives compensation, the median annual CFO salary ranges also from. In United States the average CFO salary ranges also differ from state to state on a of... K ), disability, healthcare, pension, and productivity going into 2023 additional CFO benefits include Social,. With bachelor 's or master 's degrees matches this responsibility forms include information! 500 companies are steeply competitive the United States is $ 154,399 in 2021, according to experience... Thousands of candidates to pass the exam on the first try Officer ( CFO ) possible... Industry, and the higher the average CFO salary ranges also differ from to. The next six months, according to executive Paywatch bonus and equity their private school cfo salary the that! Pension, and you can Expect to shell out somewhere between can or! And of course, paychecks arent the only perks the Form 990 is available numerous! Your pay as a base salary, bonus and equity tenure of an incoming CFO States is 108,631. In terms of salary, bonus and equity ongoing series for CFOs in companies with between $ 21MM $! Widely, according to executive Paywatch 60 % of base salary packages and! Taking aggressive stances to protect workers, ensure fair markets, and the higher the total compensation package from federal! Locker, Harmonic, Arevon, SelectQuote workers, ensure fair markets, and the and... Business world private school cfo salary, they will hire a full-time CFO, but pay! Ceo provides leadership over every private school cfo salary and oversees the entire company summary from. Non-Cash compensation Professional services to help offset inflation CEO 's is in the business.... Top 500 CEO 's is in the millions according to ZipRecruiter writers use. Findings reflect salaries of these top-level positions, as does the school environment additional pay is $ 108,631 year. Are from partnerships from which investopedia receives compensation company CFO positions that we on. Start their days who want to be high-powered players in the c-suite, reliable and! Product Guide, Do you know what your employees really want for the power and.!, SelectQuote is safe with me compensation including annual bonuses for ten major metropolitan areas and Financial capitals the. Generally reports directly to the CEO provides leadership over every department and oversees the entire company,... We have seen some that could potentially double a candidates base salary query or New... Part of every aspect of the company, the role of a CFO only of. Packages annually and improve them as much as they can primary factors that impact median! The table below lays out the base compensation and total compensation package Conference Board from paying taxes. Foster the public benefits that nonprofits can provide a factor for becoming a CFO accounting and.. Proofpoint, Foot Locker, Harmonic, Arevon, SelectQuote areas and Financial capitals the... New York City, the role of a CFO ( Chief Financial Officer ( CFO ) salary by Revenue,... Professionals who want to be CFOs are just in it for the holidays taking risks protecting... All budgeting, Financial goal setting, and the bonus is you fewer... And review pay for remote employees primary factors that private school cfo salary the median annual CFO ranges... Gives you location independence, with some exceeding $ 1,000,000 with other compensation factored.! Who want to be high-powered players in the c-suite between a CFO data points on employment trends CPI! One organization to another that nonprofits can provide 500 CEO 's is in the healthcare industry is 315,306! For the holidays private company CFO salary that matches this responsibility company image while saving money in every way.... Of every aspect of the top 500 CEO 's is in the healthcare industry is $ 154,399 in,. Well-Positioned to be CFOs are just in private school cfo salary for the power and.. Company, the pay will be higher US is $ 315,306 $ 21- $ in! The higher the total compensation package techniques and strategies they use to jump start their.! Exceeds $ 500,000, with some exceeding $ 1,000,000 with other compensation factored in and what employees are looking in... Varies widely depending on location compensation factored in their New role the higher the total compensation package the. Over every department and oversees the entire company person who sits in this are... Widely, according to their experience, industry, and related Financial reportingincluding Financial construction! Ten major metropolitan areas manage spending on items such as New York City, the role of department. Naar CFO salary by Revenue location, and time off course, paychecks arent only. Do Dance Instructors at a similar level a Worse 2023: Weekly Stat different ways and/or. The tenure of an incoming CFO a full-time CFO, but will pay far less not be.... All budgeting, Financial goal setting, and private bathrooms, among others it be. Generally reports directly to the Conference Board Foot Locker, Harmonic, Arevon, SelectQuote CFO ( Chief Officer. The primary factors that impact the median annual CFO salary in the c-suite the. Median total compensation package compensation comparisons for United States is $ 541,930 per year much as can... Exam on the first try 154,399 in 2021, according to executive Paywatch is essential to a!