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More Finance Execs Get Raises

Average salary hike is slightly better than last year, reveals annual survey.

By staff Writer | Updated on May 23, 2011

Compensation for finance executives is looking healthier, with 66% of those surveyed by Financial Executives International reporting they got a raise this year, up from 43% in 2010. 

The average increase in executives’ base salary was 3%, vs. 2.1% in 2010, according to FEI’s fifth annual compensation survey. CFOs at public companies saw average raises of 4%, as did controllers, while chief accounting officers got 2% raises and treasurers saw increases of 4.4%. 

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