Not Making Enough as CFO? Try Moving to Europe

According to Hewitt Associates, European CFOs are making more money than their American peers. How much more? Twenty-five percent. Hewitt estimates that the median pay package for the finance heads of the biggest companies is, on average, worth $4.1 million per year, while CFOs of whatever is left of American blue chip companies make an average of $3.1 million.

Hewitt points out another interesting distinction in its recently released report on CFO pay: in the U.S. CFOs tend to earn about half of what CEOs do. In Europe, that gap is far narrower; the median CFO makes almost 60 percent of what their CEOs are paid. has more.