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Median Chief Financial Officer (CFO) Salaries Including Bonuses Across Top 25 U.S. Metro Areas

The CFO, or Chief Financial Officer, plays a crucial role in contemporary corporations, overseeing financials and accounting statements. As per Salary.com, the median annual salary for CFOs in the United States is $437,800.

The median salary of a CFO is influenced by factors such as location, experience, and qualifications. Approximately 80% of their total compensation, including base salary and bonuses, amounts to $603,400 annually. CFOs in the 25th percentile earn around $413,000, while those in the 75th percentile can expect $908,300 per year.

In addition to salary and bonuses, CFOs receive benefits like Social Security, 401(k), disability, healthcare, pension, and time off, constituting roughly 20% of their total compensation.

Total pay not only depends on experience but also on the job location. In major metropolitan areas and financial capitals like New York City, the compensation tends to be higher. The table below outlines both base and total compensation, including annual bonuses, for 25 major metropolitan areas.

The role of a chief financial officer (CFO) holds significant importance in major corporations. CFO salaries exhibit considerable diversity, influenced by factors such as experience, industry, and the company’s location. Additionally, a substantial portion of CFO compensation often comes in the form of stock options, bonuses, or other variable components.

Source
Salary.com

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