Friday, November 1, 2013

CFO Salaries Expected to Rise 3.6% Next Year: Report

The average starting salary for finance chiefs at big companies will rise 3.6% next year, slightly outpacing the 3.3% average salary growth among all accounting and finance positions, according to the 2013 salary guide published recently by staffing firm Robert Half.

Starting CFOs next year at companies with more than $500 million in annual revenue should expect a base salary between $280,500 and $430,250, Robert Half said. That’s up from a range of $275,000 to $411,000 this year.

Robert Half compiled the data by surveying its own recruiters on their recent placements and their candidate clients who are seeking employment. The data reflect salary alone, and doesn’t reflect cash and stock bonuses and incentives that are commonly awarded to high-level finance employees.

To read full article click here. 
Source: Maxwell Murphy (www.blogs.wsj.com) 

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