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Financial Managers Earnings
Guide Options » Introduction | Working Conditions | Employment | Occupations | Training | Earnings | Outlook | Additional Sources
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According to a 2002 survey by Robert Half International, a staffing services firm specializing in accounting and finance professionals, directors of finance earned between $75,000 and $204,500, and corporate controllers earned between $54,000 and $138,750. The Association for Financial Professionals' 14th annual compensation survey showed that financial officers' average total compensation in 2002, including bonuses and deferred compensation, was $130,900. Selected financial manager positions had average total compensation as follows:
Large organizations often pay more than small ones, and salary levels also can depend on the type of industry and location. Many financial managers in both public and private industry receive additional compensation in the form of bonuses, which also vary substantially by size of firm. Deferred compensation in the form of stock options is becoming more common, especially for senior level executives.
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