How much do most CFOs make?
According to Salary.com the median base salary for a CFO in the United States is $362,030, and the median total compensation package (including bonus, healthcare, and retirement) is $506,386. The salary range varies widely depending on location.
How much does a EVP CFO make?
Salary Ranges for Evp, Chief Financial Officers The salaries of Evp, Chief Financial Officers in the US range from $260,000 to $390,000 , with a median salary of $325,000 . The middle 67% of Evp, Chief Financial Officers makes $325,000, with the top 67% making $390,000.
What is a CFO in healthcare?
March 3, 2021. A hospital chief financial officer (CFO) oversees all financial operations of the institution. The hospital CFO position encompasses a wide range of potential responsibilities, from preparing statements and budgets to formulating strategies for boosting revenue.
How much more should CEO make than CFO?
The average base salary for a CEO in the United States is $115,809 per year . The average base salary for a CFO in the United States is $134,108 per year .
Do CFOs make millions?
A recent study published by The Wall Street Journal found that CFOs are receiving bigger pay hikes year-over-year than CEOs. The study, conducted by S&P Capital IQ, found that CFOs received a median pay increase of 13.9% with an average pay of $3.8 million.
How do you become a CFO?
How to Become a CFO in 6 Strategic Steps
- Step 1: Get a Bachelor’s Degree in a Relevant Field.
- Step 2: Get an MBA or MSF Degree (Optional)
- Step 3: Get a Professional Certification, Like a CPA or CMA.
- Step 4: Get Well-Rounded Experience (more than just Accounting)
- Step 5: Develop Management Skills.
Is being a CFO stressful?
The position can be challenging and stressful, but also rewarding. Being a successful CFO involves taking risks, strategizing, analyzing data, managing people, and mastering industry technology.