▼0%
$153,899
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$101k
MEDIAN
$154k
90%
$248k
The average salary for a Chief Financial Officer (CFO) is $153,899 in 2025
Base Salary
$101k - $248k
Bonus
$0 - $35k
Profit Sharing
$0 - $39k
Total Pay
$101k - $348k
Is Average Experienced Chief Financial Officer (CFO) with Financial Modeling Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Chief Financial Officer (CFO)s?
▲33%
What Do Chief Financial Officer (CFO)s Do?
Find your market worth – how it works:
Common Health Benefits for a Chief Financial Officer (CFO)
Medical
80%
Dental
70%
Vision
50%
None
20%
Gender Breakdown for Chief Financial Officer (CFO)s
Male
83.3%
Female
16.7%
This data is based on 6 survey responses. Learn more about the gender pay gap.
FAQs About Chief Financial Officer (CFO)s
What is the highest pay for Chief Financial Officer (CFO)s in Chicago?
Our data indicates that the highest pay for a Chief Financial Officer (CFO) in Chicago is $248k / year
What is the lowest pay for Chief Financial Officer (CFO)s in Chicago?
Our data indicates that the lowest pay for a Chief Financial Officer (CFO) in Chicago is $101k / year
How can Chief Financial Officer (CFO)s increase their salary?
Increasing your pay as a Chief Financial Officer (CFO) is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Chief Financial Officer (CFO) that oversees more junior Chief Financial Officer (CFO)s, this experience can increase the likelihood to earn more.