Association for Financial Professionals
Businesses Satisfied (But Not Content) with Transaction Bankers
Twenty-three percent of finance executives are renegotiating banking contracts and 25% are actively seeking new banking partners, says AFP.
Bonuses ‘Bountiful’ for Treasurers and Others Last Year
Seventy-two percent of organizations awarded bonuses to their treasury and finance employees in 2014, at an average 18% of base salary, according to AFP.
Finance Staffers Earn Larger Pay Increases
CFOs earned a 2.8 percent rise in base pay in 2013, but gave staff-level finance personnel an increase of more than 4 percent.
Checks Ceding Ground to Electronic Payments
Companies are slowly converting check payments into wire-transfer, ACH-debit and purchasing-card transactions.
Earning Their Keep
Finance chiefs’ pay is increasingly aligned with corporate performance, as our report on trends in CFO compensation reveals.