The average CFO salary in Ontario varies depending on factors such as industry, company size, and the candidate’s experience. For detailed figures, please refer to our salary guide.
CFO Salary Ontario: In-Depth Guide
Find detailed Ontario CFO salary figures on page 8/9 of our Canada salary guide.
Download Ontario CFO Salary GuideChief Financial Officer Salary in Ontario
Looking for specific information about the salary of a CFO in Ontario? Whether you seek to attract superior financial leadership talent to your firm, or plan your career development as a Chief Financial Officer, our guide has key insight into the salaries of Chief Financial Officers in Ontario.
Our salary guide provides broad data on CFO compensation in Ontario and helps you understand the type of remuneration you can expect in this key Canadian province. For specific salary data about Ontario’s CFOs, see page 8/9 of our guide. For insights into common benefits packages, refer to pages 3-4.
As an economic powerhouse, Ontario requires tier-A CFOs from across Canada. Given the complexity involved with Ontario businesses and the living standard that’s barely met with average wages, the province is bound to have higher CFO salaries than most regions in Canada. This guide provides a comprehensive comparison of CFO salaries in Ontario versus other provinces, offering key statistics for companies currently recruiting.
Why download the CFO Recruit CFO Salary guide?
Unlike figures published by many job boards, our Chief Financial Officer salary data is not based on some estimates pulled from the air. Our CFO Salary Guide is developed through direct gathering of salary information from chief financial officers.
How do we provide such precise information about the salaries of a CFO?
With one of the largest CFO candidate databases in Canada, we continually update data from CFOs regarding their current income and the salaries they would require to consider new career opportunities using this data and through our unique candidate registration portal. We also gather information on the benefits they are receiving. This is a painstaking process that enables us to provide more detail in our CFO salary guide than any other. Our guide will be updated annually with relevant, region-specific information for the Canadian market.
Average CFO Salaries Ontario
Below are some factors that affect CFO salaries in Ontario. For a breakdown of CFO salaries in Ontario see pages 8/9 in our detailed CFO Salary Guide.
Industry Impact: The industry impact of an organization significantly impacts the salary scale of a CFO. Industries such as finance, technology, and healthcare tend to offer higher compensations since operations and regulatory requirements in these sectors are more complex.
Organizational Size and Global Reach: Generally, compensations for CFOs are positively correlated with the size of an organization and its international reach. The wider the operations, the more the company is willing to pay due to greater responsibilities that come along with such a role. Therefore, one can notice that considering the average level of compensation of a CFO in regard to the size of a company, there is a great relationship between the scale of the company and its level of compensation.
Experience and Specialization: CFO compensation is also determined by experience and specialization. The attributes that include strategic insight, leadership, and strong performance in finance management command very high premiums.
CFO compensation packages in Ontario consist of much more than basic pay. Bonuses abound, stock options are a feature, and a myriad of other benefits make these roles truly strategic in nature. Our guide takes a deep dive into how these elements meld to form enticing total compensation packages that attract the cream of crop financial executives.
Stay informed with our Ontario CFO Salary Guide
As Ontario continues to evolve and transform with fluctuating global economic movements and market conditions, the role and responsibilities of a CFO continue to change. Keeping abreast of salary trends within the industry is important to companies that want to stay at the top of their game and to all ambitious CFOs who look forward to seizing every opportunity that a career in finance may have in store.
Our Chief Financial Officer Salary Guide is complete with data from companies of different sizes and industries but, with substantial inputs from fields like Healthcare, Technology, Financial Services, Pharmaceuticals, Professional Services, Manufacturing, and Retail, among others.
It is thus imperative that anyone interested in salaries for CFOs in Ontario, or wanting to stay competitive in a rapidly changing world of finance, downloads our guide on salaries. Whether you are a company looking to acquire a Chief Financial Officer, or the same looking to land a job in Ontario, with a goal either of attracting and retaining the best talent or just knowing what compensation goes with the role, be sure to consider our detailed guide for an informed decision-making process in this dynamic landscape.
Our CFO Salary Guide includes…
- Average salaries of CFOs in Ontario
- Ranges of CFO pay in Ontario
- The CFO Salaries of smaller organisations in Ontario
- The CFO Salaries of larger Organisations in Ontario, including listed companies
Discover what businesses are paying CFOs in Ontario based on their size.
Ontario CFO Salary DownloadOntario CFO Salary FAQs
What is the average CFO salary in Ontario?
How do CFO salaries in Ontario compare to other provinces?
CFO salaries in Ontario are competitive and reflect the province’s status as a major economic hub. For a comparison with other provinces, our guide provides detailed data specific to Canada, offering insights into salary trends and factors within the Canadian market.
What factors influence CFO salaries in Ontario?
Several factors influence CFO salaries in Ontario, including the industry sector, the size and international presence of the company, and the candidate’s level of experience and specialisation. Our guide provides a comprehensive analysis of these factors.
What additional benefits do CFOs in Ontario typically receive?
In addition to base salary, CFOs in Ontario often receive bonuses, stock options, and other benefits. Our guide details the typical compensation packages offered to CFOs in the province.
Where can I find more detailed information on CFO salaries in Ontario?
For more detailed information, download our comprehensive CFO Salary Guide, which provides in-depth data and analysis on CFO salaries in Ontario.
Other CFO Salary Data
CFO Salaries In Other Regions of Canada