Explore up-to-date Boston CFO salary statistics on page 9 of our USA salary report. Adjust the figures for Massachusetts by increasing them by 6%.
DOWNLOAD CFO SALARY BOSTONAre you trying to uncover detailed information on CFO salaries in Boston? Whether you plan to attract top financial leadership or map your career growth as a CFO, our guide delivers essential insights into Boston CFO salaries.
This extensive guide presents detailed data on CFO salaries in Boston, intended to provide a thorough understanding of the compensation framework in one of the nation’s thriving financial centers. For precise figures for Boston CFO salaries, reference page 9 for Massachusetts and increase the figures by 6%.
Known as a major hub for finance, technology, and education, Boston draws exceptional CFO talent from across the United States. CFO salaries in Boston are typically 6% higher than the state average, influenced by the city’s expanding business opportunities and higher cost of living. This guide provides a thorough comparison of CFO salaries in Boston with other leading U.S. cities, delivering valuable insights for organizations currently recruiting in the area.
Why choose the CFO Recruit Salary Guide?
Unlike random figures used by online job boards, our CFO salary data is from CFOs through our large candidate database.
How do we guarantee the accuracy of CFO salary data?
In the USA. We possess one of the largest databases of CFO candidates. CFOs are regularly asked about their present compensation and salary expectations for future roles via our unique registration loyal.
In parallel with salary details, we also collect information on additional benefits received. This detailed process enables us to offer the most precise CFO salary guide available. Updated annually, our guide delivers relevant, city-specific data for the American market.
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 Boston CFO salary data for your size of business.
Our comprehensive CFO Salary Guide (refer to page 9 for statistics) examines several factors impacting CFO pay in Boston:
Industry Sector: The sector in which a company functions greatly affects CFO salaries. Top sectors such as financial services, biotech, and healthcare generally provide higher compensation due to their complexity and regulatory challenges.
Company Size and Global Reach: Compensation typically climbs with the organization’s size and international presence, mirroring the greater responsibilities and challenges these roles demand. When reviewing the average CFO salary by company size, there is a clear link between company scale and compensation levels.
Experience and Expertise: A CFO’s remuneration also relies on their level of experience and specialty. Key attributes include leadership abilities, strategic foresight, and a solid track record in financial management.
Boston’s CFO compensation extends beyond the basic salary, frequently including bonuses, equity options, and additional perks, emphasizing their strategic significance.
Our guide explores how these components combine to create total compensation packages that attract and keep leading financial executives.
To accurately determine what you should pay a CFO in Boston, begin by referencing the average CFO salaries for Massachusetts overall. These figures are detailed on Page 9 of our CFO Salary Guide. Once you have the state average, simply add 6% to these figures to achieve a salary that is competitive within the Boston market.
For instance, if the average CFO salary in Massachusetts is $220,000, adding 6% to this figure results in a Boston-specific average of $233,200. This adjustment ensures that your compensation package aligns with local market expectations, assisting you in attracting and keeping top-tier financial executives in Boston.
Offering only the Massachusetts average to a CFO in Boston may result in your offers being less competitive than those of local rivals. In a market where experienced financial leaders are in high demand, offering lower compensation could lead to challenges in recruitment and retention.
To make sure your CFO compensation package is in line with Boston’s standards, always refer to our state-level figures and remember to factor in that 6% increase. This approach will help you offer salaries that are both competitive and fair, ensuring your organization attracts and retains the financial expertise it requires.
For an in-depth understanding of CFO salaries in Boston and to stay ahead in the dynamic world of finance, downloading our salary guide is crucial.
Whether you’re a CFO or a company looking to hire one, our guide provides the detailed insights necessary for informed decision-making in Boston’s vibrant financial landscape.
In our CFO Salary Guide, you’ll find…
CFOs in Boston often receive bonuses, stock options, and long-term incentives alongside their base salary. Larger firms may offer added benefits like profit-sharing and retirement plans. Download our guide for more specifics on CFO compensation packages.
The average CFO salary in Boston varies depending on factors like industry, company size, and the candidate’s experience. For full figures, please refer to our salary guide to see the averages for companies divided by turnover classification; $10-29M, $30-79M, $80-149M, $150-249M, $250-499M, and larger. Download the CFO Salary Guide.
For a small business in Boston, CFO salaries typically range from $156,000 to $264,000 annually. This can vary based on the company’s specific needs, industry, and the CFO’s experience level. Download our CFO Salary Guide for a full breakdown.
A fractional CFO in Boston usually earns an hourly rate or part-time salary, which changes according to the scope of work and the company’s size. For more on fractional CFO compensation, check our Fractional CFO Salary Guide.
Interim CFOs in Boston often earn competitive rates based on the temporary nature of the role and the required level of responsibility. For specific rates and salaries, consult our Interim CFO Salary Guide.
CFO salaries in Boston differ based on the company’s size. Download our CFO Salary Guide to see salary averages by company turnover, including ranges for $10-29M, $30-79M, and larger firms.
Mid-sized companies in Boston generally offer competitive compensation packages for CFOs. Salaries may include bonuses and equity, depending on the company’s turnover and industry.
A well-structured CFO job description is crucial for drawing in top talent. It should clearly outline the role’s responsibilities, qualifications, and expectations while aligning with the company’s strategic goals. For guidance on crafting CFO job descriptions, visit our job description page.
Entry-level CFO salaries in Boston typically start at about 70-80% of seasoned CFO compensation.
CFO salaries in Boston are generally higher than VP of Finance salaries, correlating to broader strategic responsibilities. CFOs can earn 20-50% more, depending on the company’s size and industry.
Yes, we have some great candidates in the Boston area. Please click here to find out more about our Interim CFOs in Boston.
Please click here to find out Fractional CFO hourly rates in Boston.
Please click here to find out average Interim CFO Salary in Boston.
To ensure you hire the right CFO, you must ask meaningful interview questions that uncover a candidate’s financial leadership skills and strategic thinking. For a complete list of interview questions tailored to CFO roles, visit our CFO Interview Questions page.
