Average CFO compensation ranges by company size — proprietary data compiled from 500+ placements since 2008. Updated September 2023.
*CFO Salary Data Updated September 2023
The larger the company, the higher the average CFO salary range and the higher the total compensation package. This is the single biggest determinant of CFO pay.
Publicly-traded corporations typically pay more than private companies. For-profit companies tend to pay more than non-profits. Tech and biotech firms tend to pay above market.
Areas such as California, New York City, Chicago and Boston typically pay slightly higher than areas with a lower cost of living, though this factor matters less than company size or type.
Technology, software and biotech companies typically pay above-market CFO compensation. Traditional industries may pay slightly below the averages listed above.
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