CFOs in Cleveland commonly receive additional compensation beyond their base salary. This includes bonuses, stock options, and long-term incentives. Many larger companies may also offer profit-sharing, comprehensive retirement plans, and other financial benefits. For more detailed information on CFO compensation packages, download our guide.
CFO SALARY CLEVELAND: ESSENTIAL GUIDE
Find the latest Cleveland CFO salary data on page 20 of our USA salary report. You may adjust these figures for Ohio and increase by 2% to align with the local market.
Download Cleveland CFO Salary FiguresChief Financial Officer Salary Cleveland
Are you in need of data on CFO salaries in Cleveland? In this guide, you’ll find detailed information on what CFOs earn in Cleveland, helping you make informed decisions when hiring financial leaders.
Our guide breaks down CFO compensation in Cleveland, one of the key business hubs in the Midwest.
For exact Cleveland CFO salary figures, see page 20 of the Ohio section and add 2% for local market rates.
Cleveland’s strong business sector draws top CFO talent. Local CFO salaries are 2% higher than Ohio’s average, reflecting the city’s robust job market and reasonable living costs. Compare Cleveland CFO pay with other major cities to set competitive offers.
Why download the CFO Recruit Salary Guide?
Our extensive database tracks Cleveland CFO compensation trends, built through ongoing surveys of local financial executives. Through our secure candidate registration system, Cleveland CFOs regularly share their current salaries, compensation expectations, and complete benefits packages. We gather specific data on base salary ranges, annual bonuses, equity compensation, retirement plans, and executive benefits common in the Cleveland market.
This detailed information comes directly from CFOs across Cleveland’s key industries, including manufacturing, healthcare, technology, and financial services. Our annual salary guide combines this local data with regional market analysis to provide accurate, Cleveland-specific insights for organizations and candidates. Each update reflects current market conditions and compensation trends in Northeast Ohio’s business community.
How do we ensure the accuracy of CFO salary information?
Our large U.S. database of CFO candidates provides current salary and benefits data through our online registration system. Our team gathered data from CFOs who regularly share their earnings and salary goals when looking for new positions. With this detailed data, we create an accurate, yearly CFO salary guide with specific information for each city.
Cleveland CFO Salaries
Our CFO Salary Guide (page 20) outlines key factors that shape Cleveland CFO pay:
- Industry Sector: Some industries pay CFOs more than others, such as manufacturing, healthcare, and finance. Factors like complex operations and strict regulations impact the pay range.
- Company Size and International Presence: Larger companies and those operating globally typically offer higher CFO salaries to match increased duties.
- Experience and Expertise: Pay varies based on leadership skills, strategic thinking, and financial management history across industries.
CFO compensation packages in Cleveland include base salary plus bonuses, stock options, and benefits. These total packages help attract and keep top financial leaders.
How to Calculate Competitive CFO Salaries in Cleveland
To set competitive CFO pay in Cleveland:
- Check Ohio’s average CFO salaries on Page 20 of our Salary Guide
- Add 2% to match Cleveland market rates
Example:
- Ohio average CFO salary: $180,000
- Cleveland adjustment: +2%
- Cleveland market rate: $183,600
Cleveland employers typically offer above the state average to attract qualified candidates. This local premium reflects Cleveland’s competitive market for senior financial leaders.
Our guide helps you:
- Compare current market rates
- Structure competitive compensation packages
- Review regional salary trends
- Understand total compensation elements
Download our salary guide for detailed Cleveland CFO compensation data and market analysis. Updated annually, it serves both hiring organizations and CFO candidates in Northeast Ohio.
In our CFO Salary Guide, you’ll find…
- The average CFO salary in Cleveland
- CFO salary ranges within Cleveland
- CFO salaries for small companies in Cleveland
- CFO salaries for larger organisations in Cleveland, including publicly listed & Fortune 500 companies
Understand what Cleveland businesses are offering CFOs based on company size.
Download Cleveland CFO Salary FiguresCleveland CFO Salary FAQs
The average CFO salary in Cleveland depends on factors like industry, company size, and experience level. For specific figures, consult our salary guide. We listed down the average salaries for companies grouped by turnover categories: $10-29M, $30-79M, $80-149M, $150-249M, $250-499M, and above. Download the CFO Salary Guide for the complete data.
For a small business in Cleveland, CFO salaries typically range from $142,500 to $235,000 per year. However, there could be differences. This range may vary based on the company’s specific requirements, industry, and the CFO’s experience level. For a detailed breakdown, refer to our CFO Salary Guide.
A Fractional CFO in Cleveland usually earns either an hourly rate or a part-time salary. Factors may vary depending on the scope of work and the size of the company. Please refer to our Fractional CFO Salary Guide for detailed information on Fractional CFO compensation.
CFO salaries in Cleveland vary according to company size. Download our CFO Salary Guide to see average salaries by company turnover—with ranges of $10-29M, $30-79M—and larger firms.
Mid-sized enterprises in Cleveland generally offer competitive compensation packages for CFOs. These often include bonuses and equity options. These packages may also vary based on the company’s turnover and industry.
Writing a well-structured CFO job description is essential to attract top-tier talent. It should clearly outline the role’s responsibilities, required qualifications, and expectations. Additionally, it must align with the company’s strategic goals. To assist you in writing CFO job descriptions, visit our job description page.
Yes, we have some great candidates in the Cleveland area. Please click here to find out more about our Interim CFOs in Cleveland.
Please click here to find out Fractional CFO hourly rates in Cleveland.
Please click here to find out average Interim CFO Salary in Cleveland.
If you need short-term financial leadership for a set time, an Interim CFO may be best. For flexible or project-based needs, an outsourced CFO might work better. Download our guide to help decide which option fits your business.