Market salary for CFO

by a searcher

1 year ago

I'm wondering where I could find market data for CFO salaries based on the size of a company?

I have tried Google searches but the information widely differs. For example a company achieving 10m in EBITDA is said to pay a CFO between 200k - 500k plus bonuses. I'm wondering whether anyone could help out with a website that is accurate? 

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27 comments

searcher from Harvard University - Harvard Business School

From our experience, hourly rate is###-###-#### depending on how fractional and how skilled the resource is. Middle market comp is Base: 250K-350k, Bonus:20-40%, Equity: 0-3% items phantom equity like instrument

4 months ago | like reply | 0 likes

searcher from Hillsdale College

Defining "CFO" is critical. If you need someone who can close the books and also be helpful in the budgeting process, that's very different from someone who will manage a team of 5-10 in accounting and FP&A, run M&A, and help set the company's strategic agenda. In a company with less than $100m in revenue, an experienced CFO with a full toolkit might be overkill unless the company is very complex and the margins are or can be very high. Rather, look for an exceptional controller who wants to lean into the more advanced finance and leadership elements of the role.

4 months ago | like reply | 1 like

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