Generous salaries abound for Late-Career Chief Financial Officers , with average pay above six figures ($142K) per year. Cash earnings for Late-Career Chief Financial Officers — including $78K in bonuses and $49K in profit sharing proceeds near the top of the pay scale — generally stretch from $82K to $284K depending on individual performance. For the most part, Late-Career Chief Financial Officers enjoy their work and report high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a little over a half. The majority of Late-Career Chief Financial Officers (65 percent) survey respondents are male. This report is based on responses to the PayScale salary survey.

$80,310 - $236,091
(Median)
$80K
$140K
$240K
MEDIAN: $142,427
10%
50%
90%

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$22.67 - $92.64
(Median)
$23
$40
$93
MEDIAN: $40
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Salary
$80,310 - $236,091  
   
Bonus
$2,944 - $78,484  
Profit Sharing
$0.00 - $49,453  
Commission
$4,913  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$82,466 - $284,440  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 2,719
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$22.67 - $92.64  
   
Overtime
$83.93  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$2,944 - $78,484  
   
Commission
$4,913  
Profit Sharing
$0.00 - $49,453  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$82,466 - $284,440  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 43
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Pay Difference by Location

National Average: $152,510

Larger city markers indicate a job is popular in that location.

With a pay rate for Late-Career Chief Financial Officers that is 59 percent greater than the national average, New York offers a comfortable salary for those in this profession. Late-Career Chief Financial Officers will also find cushy salaries in Chicago (+32 percent), Boston (+31 percent), Los Angeles (+29 percent), and Seattle (+24 percent). Falling short of the national average by 14 percent, the area with the worst salaries is Portland. Washington and Phoenix are a couple other places where companies are known to pay below the median — salaries are 4 percent lower and 1 percent lower, respectively.

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Skills That Affect Chief Financial Officer (CFO) Salaries

Leadership
up arrow 34%

Strategic Planning
up arrow 14%

Financial Modeling
up arrow 12%

Operations Management
up arrow 10%

Risk Management / Risk Control
up arrow 8%

Senior Financial Management
0%

National Average
$153,000



Forecasting
up arrow 10%


Cash Flow Management
up arrow 13%

Budget Management
up arrow 17%

Human Resources
up arrow 18%

Budgeting
up arrow 22%

General Ledger Accounting
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 397 votes.

Gender

Female
35 %
Male
65 %

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 71%
medical benefits
Vision: 52%
dental benefits
None: 9%
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