Human Capital & Careers

CFO Pay: Short on Sweet

A new poll shows CFO raises and bonuses were few and far between last year.
Alix StuartAugust 31, 2011

After a recent survey showed 40% of finance executives said they did not get raises last year, we decided to conduct our own poll. Could those grim results possibly be the reality?

Yes, our readers said, it is that grim and more. An even greater percentage — 50% — of the more than 125 respondents said they did not get raises, compared with the original survey by MyCFONetwork. What’s more, 45% reported they did not get bonuses. (To be fair, only about half of those who did not get a raise saw the double whammy of not getting a bonus; the balance of those no-bonusers received some level of raise.)

Still, some CFOs made out well, with 17% saying they garnered raises better than 5% of their original salary.

Will next year be better? As 2011 haltingly approaches its fourth quarter, corporate-performance results are more uncertain than ever. For more in-depth analysis of CFO pay trends, stay tuned for our October magazine feature package on compensation.

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