By Financial Executives Research Foundation
This examine offers benchmark info for senior monetary executives on their salaries, bonuses, long term incentives and retirement advantages. it really is in response to a survey of over 9,000 energetic contributors of monetary Executives overseas (FEI), performed in the course of October and November of 2006. Over 1,800, or 20%, spoke back. This examine document is an research of the responses.
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Additional resources for 2007 Financial Executives Compensation Survey
24 VP Finance, Private Company The annual compensation for the 87 vice presidents, finance, from private companies includes both a base salary and a bonus opportunity. The base salaries of private company vice presidents of finance, were also proportionate to the annual revenues of their employers. The median base salary of a VP Finance from a private company with annual revenues between $25 million and $99 million was in the $126,000 to $150,000 range, and the base salary of the one VP Finance from a company with over $10 billion in annual revenues was in the $176,000 to $200,000 range.
The median number of employees at companies with less than $25 million in annual revenues was less than 10, while the number of employees at the one company with more than $10 billion in annual revenues was between 100 and 249. The most commonly cited range of employees was 10 to 50, which was identical to that of public company finance organizations. 9 billion 1 4 5 5 6 21 Over $5 billion Over $10 billion 1 1 1 1 Total 254 251 28 15 6 554 In order to estimate a total annual compensation number for the private company CFO, responses for the 554 respondents were cross tabulated by salary, bonus and company size.
The base salaries of private company vice presidents of finance, were also proportionate to the annual revenues of their employers. The median base salary of a VP Finance from a private company with annual revenues between $25 million and $99 million was in the $126,000 to $150,000 range, and the base salary of the one VP Finance from a company with over $10 billion in annual revenues was in the $176,000 to $200,000 range. These median annual salaries were both less than the median salaries of the respective CFOs, as would be expected.