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Not too bad for a profession that some would consider the “Safety School” corner of business-related professions.
Median CFO pay is on the rise, jumping nearly 19% year over year. There’s a lot going into that increase—but at as any financial professional will tell you, the number one driver is an ever-increasing set of responsibilities.
Gone is the concept of bean-counting finance professionals staring in the rearview mirror to cross the T’s and dot the I’s on the annual report. These days, CFOs and everyone underneath them, are being called on for real-time intelligence on business execution and for projections on where the business is going.
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Still, pay ain’t where it could be. CFOs typically see only a third of the pay of the CEO at the same company, the report shows.