An analysis by The Todd Organization, ( www.toddorg.com ) a executive benefits consulting firm, finds that CFOs at public companies with annual revenues of more than $250 million received cash bonuses of $194,923 in 2001, roughly 64% of base pay.
That compared with the median bonus that was 36% of cash payment or $100,308.
Todd researchers collated the information from 2001 fiscal year proxy statements for all US headquartered public companies over $250 million in revenue.
According to the Todd data, CFO’s at companies:
- with under $1 billion in revenue had a $130,601 average bonus or 53% of base pay
- with $1 billion to $5 billion in revenue had a $240,590 average bonus or 72% of base pay
- with $5 billion and higher in revenue had a $428, 276 average bonus or 102% of base pay
The study included 2,047 companies.