In Baltimore, CFOs often receive bonuses, stock options, and long-term incentives alongside their base salaries. Profit-sharing and retirement plans are some additional perks that might be provided by larger corporations. Download our guide for more details on CFO compensation packages.
CFO SALARY BALTIMORE: COMPLETE GUIDE
Uncover current Baltimore CFO salary data on page 7 of our USA salary report. Adjust the figures for Maryland by 2% lower.
DOWNLOAD CFO SALARY BALTIMOREChief Financial Officer Salary Baltimore
Are you trying to find out how much a CFO in Baltimore earns? You don’t need to search any further. Whether you’re looking for the best financial leadership expertise or planning your career as a CFO, our guide offers crucial insights on Baltimore CFO salaries.
This guide supplies in-depth comprehensive data on CFO salaries in Baltimore and offers a rich knowledge of the compensation landscape in one of the nation’s significant financial centers.
For the exact salary figures for the CFO in Baltimore, take a look at page 12 for Maryland and adjust the figures by 2% lower.
With its proximity to the key East Coast Markets, Baltimore pulls top CFO talent for different areas and beyond. CFO salaries in Baltimore typically fall 2% lower than the state average, influenced by the area’s economic factors and living costs.
This guide provides a detailed comparison of CFO salaries in Baltimore against other major U.S. cities, offering valuable insights for companies currently hiring in the locality.
Why download the CFO Recruit Salary Guide?
We distinctly gather our CFO salary data from CFOs through our large candidate database. They are not generated from arbitrary algorithms, contrary to many online job boards.
How can we ensure the CFO salary information is accurate?
Through our special registration portal, we can collect salary data regularly thanks to our large database of CFO candidates in the USA, particularly in Baltimore.
To provide the most authentic CFO pay recommendations available, this data collection now contains information on benefits earned. Our guide which is updated yearly, vital information for Baltimore
Our Salary Guide is split by company size for the following turnover classifications; $10-29M | $30-79M | $80-149M | $150-249M | $250-499M | $500-999M | $1BN-5BN. Download now to see the Baltimore CFO salary data for your size of business.
CFO Salaries in Baltimore
Our detailed guide on CFO salary (see page 12 for Maryland figures) inquires into the various factors impacting on CFO in Baltimore.
Industry Sector: The industry sector heavily influences CFO salaries. Due to the complexity and regulatory necessities, the sectors of financial services, technology, and healthcare tend to offer upper-tier salaries.
Experience and Expertise: The compensation of a CFO relies primarily on their experiences and specialization. Some must-have traits include a successful track record in financial management, leadership acumen, and strategic foresight.
Size of the company and International Reach: Salaries tend to increase with the size and global scope of an organization, reflecting the broader responsibilities and challenges these roles encompass.
When evaluating the average CFO salary by company size, there is a clear correlation between company magnitude and compensation levels.
In Baltimore, CFO compensation extends beyond base salaries to often include bonuses, stock options, and supplemental benefits, highlighting the strategic importance of their roles.
Our guide reviews how these components come together to form total compensation packages attractive enough to secure and retain top financial professionals.
How to Calculate Competitive CFO Salaries in Baltimore
The first step in precisely evaluating what to compensate a CFO in Baltimore is to revise the average CFO salaries for Maryland. Check page 7 to see the details of these figures. Then reduce it by 2% to the average to effectively get a competitive salary for the Baltimore markets.
Details of these figures can be found on Page 7 of our CFO Salary Guide. Once you grasp the state average, simply reduce it by 2% to reach a competitive salary within the Baltimore market.
For example, if the average CFO salary in Maryland is $200,000, decreasing this amount by 2% results in a Baltimore-specific average of $196,000.
This adjustment ensures your compensation package aligns with local market conditions, aiding in the attraction and retention of top-tier financial professionals in Baltimore.
If you settle for only the Maryland average, that might result in your Baltimore offers being less appealing in comparison to local competitors. In a place with experienced financial leaders in high demand, insufficient compensation could result in recruitment and retention constraints.
To keep your CFO compensation package competitive to Baltimore standards, always refer to our state-level data and remember to consider that 2% reduction. Following the method will aid your organization in offering salaries that are competitive and fair. This certainly secures the interest and retention of the financial specialist.
Downloading our salary guide is highly vital to achieving a better-rounded knowledge of CFO salaries in Baltimore and gaining an edge in the rapidly evolving financial world.
Whether you’re a CFO or a company intending to hire one, our guide presents the detailed insights essential for informed decision-making within Baltimore’s dynamic financial environment.
In our CFO Salary Guide, you’ll find…
- The average CFO salary in Baltimore
- CFO salary ranges within Baltimore
- CFO salaries for small firms in Baltimore
- CFO salaries for larger organizations in Baltimore, including publicly listed & Fortune 500 enterprises
Discover what Baltimore firms are offering CFOs based on organizational size.
Download Baltimore CFO Salary FiguresBaltimore CFO Salary FAQs
The average CFO salary in Baltimore varies with factors like industry, company size, and the candidate’s expertise. For precise figures, please refer to our salary guide to view averages for firms segmented by turnover classification: $10-29M, $30-79M, $80-149M, $150-249M, $250-499M, and larger. Download the CFO Salary Guide.
For a small firm in Baltimore, CFO salaries typically range from $141,500 to $239,000 annually. This range can fluctuate based on specific organizational needs, industry, and the CFO’s experience level. Download our CFO Salary Guide for a full breakdown.
A fractional CFO in Baltimore generally earns an hourly rate or part-time salary, varying with the job scope and company size. For more information on fractional CFO compensation, refer to our Fractional CFO Salary Guide.
Interim CFOs in Baltimore usually earn competitive rates attributed to the temporary nature and responsibility level of the role. For specific rates and salaries, consult our Interim CFO Salary Guide.
Baltimore CFO salaries differ based on company size. For salary averages based on company turnover, download our CFO Salary Guide, which includes ranges for $10-29M, $30-79M, and larger companies.
Mid-sized companies in Baltimore generally offer attractive compensation packages for CFOs, potentially including bonuses and equity, contingent upon the company’s turnover and industry.
Crafting a well-structured CFO job description is crucial for attracting top-notch talent. It should clearly outline responsibilities, qualifications, and expectations for the role while aligning with the company’s strategic objectives. For assistance in writing CFO job descriptions, visit our job description page.
Entry-level CFO salaries in Baltimore typically start around 70-80% of what is offered to experienced CFOs.
CFO salaries in Baltimore generally exceed VP of Finance salaries, taking into account broader strategic responsibilities. CFOs can earn 20-50% additional, depending on company size and industry.
Yes, we have some great candidates in the Baltimore area. Please click here to find out more about our Interim CFOs in Baltimore.
Please click here to find out Fractional CFO hourly rates in Baltimore.
Please click here to find out average Interim CFO Salary in Baltimore.
To ensure the correct CFO hire, asking insightful interview questions that unveil a candidate’s financial leadership capabilities and strategic thinking is imperative. For a comprehensive list of interview questions tailored to CFO roles, visit our CFO Interview Questions page