The gap between the pay of finance executives and rank-and-file workers widened once again in 2015, according to the annual compensation survey from Grant Thornton and the Financial Executives Research Foundation (FERF).
Among 363 respondents with titles including CFO, corporate controller, vice president of finance, director of finance/accounting, and chief accounting officer, the average base salary was up 4.0% from 2014.
Various sources had estimated that the average salary bump for all workers last year would be 3.0% to 3.1%. “If I were a finance executive and got a 4% raise, I’d probably be happy about it, comparing it to what the overall labor market is doing,” says Tom Thompson, FERF’s research director.
| CFO.com | US
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