Average salary, compensation, and wages for Financial managers in the United StatesMedian annual earnings of financial managers were $73,340 in 2002. The middle 50 percent earned between $52,490 and $100,660. The lowest 10 percent had earnings of less than $39,120, while the top 10 percent earned over $142,260. Median annual earnings in the industries employing the largest numbers of financial managers in 2002 were as follows:
According to a 2002 survey by Robert Half International, a staffing services firm specializing in accounting and finance professionals, directors of finance earned between $75,000 and $204,500, and corporate controllers earned between $54,000 and $138,750. The Association for Financial Professionals� 14th annual compensation survey showed that financial officers� average total compensation in 2002, including bonuses and deferred compensation, was $130,900. Selected financial manager positions had average total compensation as follows:
Large organizations often pay more than small ones, and salary levels also can depend on the type of industry and location. Many financial managers in both public and private industry receive additional compensation in the form of bonuses, which also vary substantially by size of firm. Deferred compensation in the form of stock options is becoming more common, especially for senior level executives. More information on Financial managers from The U.S. Department of Labor Bureau of Labor Statistics Occupational Outlook Handbook Overview of Financial managers occupation Number of Financial managers in the U.S. Salary and earnings for Financial managers Working conditions for Financial managers Significant points for Financial managers Training requirements for Financial managers Labor Information Home | Occupational data by city | Search Rainforests | Madagascar | What's new |