CFOs in Rochester commonly receive bonuses, stock options, and long-term incentives in addition to their base salary. Larger firms may also offer additional benefits such as profit-sharing and retirement plans. For more information on CFO compensation packages, download our guide.
CFO Salary Rochester: Detailed Overview
Find the most recent salary data for CFOs in Rochester on page 7 of our USA salary report. Adjust the numbers for New York by lowering them by 16%.
Download Rochester CFO Salary FiguresChief Financial Officer Salary Rochester
Do you need detailed information about CFO salaries in Rochester? Whether your goal is to hire top financial professionals or measure your progress as a CFO, our guide provides key details about Rochester CFO salaries.
This detailed guide provides in-depth information on CFO salaries in Rochester, designed to give you a clear overview of the salary structure within this important regional market. For exact figures on CFO salaries in Rochester, refer to page 7 for New York and reduce the numbers by 16%.
Located in an economy supported by healthcare, manufacturing, and education, Rochester is attracting top CFO talent from nearby areas. While Rochester’s CFO salaries are generally 16% lower than the state average, this is largely due to the city’s economic conditions and its relatively affordable living costs.
This guide offers a thorough comparison of CFO salaries in Rochester compared to other major U.S. cities, offering helpful insights for businesses hiring in the region.
Why choose the CFO Recruit Salary Guide?
Our database, which includes CFO candidates from all over the USA, is among the most comprehensive. With the help of this and our exclusive candidate registration portal, we continuously gather information from CFOs about their current pay and salary expectations for future roles.
How do we ensure the reliability of CFO salary details?
Along with salary information, we also collect data on the benefits employees receive, allowing us to offer the most precise CFO salary guide. Updated yearly, our guide includes relevant, city-specific details for the U.S. market.
Rochester CFO Salaries
Our detailed CFO Salary Guide (see page 7 for the figures) examines the various factors that influence CFO compensation in Rochester:
- Industry Sector: The type of industry a company is involved in can greatly influence the salary of its CFO. High-paying sectors like financial services, technology, and healthcare often provide higher compensation due to their complexity and the need to meet regulatory requirements.
- Company Size and Global Reach: Salaries generally rise as organizations grow in size and expand internationally, reflecting the broader responsibilities and challenges associated with these positions. When looking at the average CFO salary based on company size, there is a clear connection between the scale of the business and the pay levels.
- Experience and Expertise: A CFO’s salary is determined by their experience and specialized skills. Important traits include leadership capability, strategic judgment, and a successful track record in managing finances.
The compensation offered to Rochester’s CFOs often goes beyond their base salary, incorporating bonuses, stock options, and additional perks, highlighting the importance of their positions. In this guide, we examine how these elements come together to form compensation packages that appeal to and retain top financial leaders.
How to Evaluate Competitive CFO Salaries in Rochester
To accurately determine the appropriate salary for a CFO in Rochester, start by reviewing the average CFO salaries for the state of New York. These figures are provided on Page 7 of our CFO Salary Guide. After obtaining the state average, reduce the amount by 16% to arrive at a competitive salary for the Rochester area.
For example, if the average CFO salary in New York is $230,000, a 16% reduction would lower this to $193,200 for Rochester. This adjustment ensures that your compensation package matches the local market standards, helping you attract and retain high-quality financial executives in Rochester.
Offering only the New York average salary to a CFO in Rochester could make your offer less appealing than those of local competitors. In a market where experienced financial leaders are in high demand, insufficient compensation may lead to challenges in both attracting and keeping talent.
To ensure that your CFO compensation package is consistent with the standards in Rochester, be sure to reference our state-level data and include the 16% decrease. This will help you offer salaries that are both competitive and fair, attracting the financial expertise your organization needs.
To gain a thorough understanding of CFO salaries in Rochester and stay competitive in the financial industry, our salary guide is essential. Whether you’re a CFO or a business looking to hire one, this guide provides all the detailed information needed to make informed decisions in the city’s changing financial market.
In our CFO Salary Guide, you’ll find…
- The average CFO salary in Rochester
- CFO salary ranges within Rochester
- CFO salaries for small businesses in Rochester
- CFO salaries for larger enterprises in Rochester, including publicly listed & Fortune 500 companies
Understand what Rochester businesses are offering CFOs based on company size.
Download Rochester CFO Salary FiguresRochester CFO Salary FAQs
The average CFO salary in Rochester varies based on factors like industry, company size, and the candidate’s experience. For more specific figures, refer to our salary guide, which lists averages for companies categorized by revenue: $10-29M, $30-79M, $80-149M, $150-249M, $250-499M, and larger. You can download the CFO Salary Guide for further details.
CFO salaries for small businesses in Rochester generally range from $118,000 to $199,000 annually. These figures can vary depending on the company’s needs, industry sector, and the CFO’s experience. For a detailed breakdown, download our CFO Salary Guide.
A fractional CFO in Rochester typically receives an hourly rate or a part-time salary, which can differ depending on the scope of the work and the size of the company. For more details on fractional CFO compensation, please consult our Fractional CFO Salary Guide.
Due to the temporary nature of the role and the level of responsibility, interim CFOs in Rochester generally earn competitive rates. You can find specific salary information in our Interim CFO Salary Guide.
CFO salaries in Rochester depend on the size of the company. Download our CFO Salary Guide to see average salaries based on company turnover, including ranges for firms with earnings of $10-29M, $30-79M, and larger businesses.
In Rochester, CFOs working at mid-sized companies are often given competitive pay that can include bonuses and equity, depending on the company’s size and field.
A well-organized CFO job description is essential to attract top talent. It must clearly define the responsibilities, required qualifications, and expectations, all while supporting the company’s broader goals. For more help with creating a CFO job description, check out our job description page.
Salaries for entry-level CFOs in Rochester usually start at approximately 70-80% of the pay for more experienced CFOs.
CFO salaries in Rochester are generally above those of VPs of Finance, reflecting the broader scope of their strategic duties. CFOs can make 20-50% more, based on the company’s size and sector.
To ensure you find the right CFO, it’s necessary to ask in-depth questions during the interview process that can help you evaluate their financial leadership and ability to think strategically. You can find a full list of such questions on our CFO Interview Questions page.
Yes, we have some great candidates in the Rochester area. Please click here to find out more about our Interim CFOs in Rochester.
Please click here to find out Fractional CFO hourly rates in Rochester.
Please click here to find out the average Interim CFO Salary in Rochester.