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Chief Financial Officer Average Salary in France 2024

How much money does a person working as Chief Financial Officer make in France?


Average Yearly Salary
98,800 EUR
( 8,230 EUR monthly)

LOW
52,300
EUR
AVERAGE
98,800
EUR
HIGH
150,000
EUR
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Chief Financial Officer in France typically earns around 98,800 EUR. Salaries range from 52,300 EUR (lowest) to 150,000 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Chief Financial Officer salaries in France vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Chief Financial Officer Pay Scale and Salaries in France

Median and salary distribution France Chief Financial Officer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
88,700 EUR or more
10% of people earn
79,200 to 88,700 EUR
20% of people earn
58,400 EUR or less
65% of people earn
58,400 to 79,200 EUR
Minimum Salary
52,300 EUR
Median
89,100 EUR
Maximum
150,000 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Chief Financial Officer in France range from 52,300 EUR (starting salary) to 150,000 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 89,100 EUR, half of the professionals who work as Chief Financial Officer in France earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Chief Financial Officer in France earn less than 74,200 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 101,000 EUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Chief Financial Officer in France compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 58,400 EUR to 79,200 EUR. About 20% of salaries are below the 58,400 EUR mark, while 10% fall within the range of 79,200 EUR to 88,700 EUR. Only 5% of individuals have salaries exceeding 88,700 EUR.

Salary Comparison by Years of Experience / Chief Financial Officer / France

How do experience and age affect pay?

0 - 2 Years
60,200 EUR
2 - 5 Years+23%
73,900 EUR
5 - 10 Years+42%
105,000 EUR
10 - 15 Years+17%
122,000 EUR
15 - 20 Years+10%
134,000 EUR
20+ Years+6%
142,000 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly France Chief Financial Officer
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Chief Financial Officer and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 60,200 EUR.

While someone with an experience level between two and five years is expected to earn 73,900 EUR, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 105,000 EUR, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 122,000 EUR, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 134,000 EUR, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 142,000 EUR, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Chief Financial Officer / France

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Chief Financial Officer.

High School
72,900 EUR
Certificate or Diploma+13%
82,700 EUR
Bachelor's Degree+31%
108,000 EUR
Master's Degree+32%
142,000 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly France Chief Financial Officer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Chief Financial Officer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 72,900 EUR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 82,700 EUR, 13% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 108,000 EUR, 31% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 142,000 EUR, 32% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in France costs anywhere from 20,700 EUR to 62,200 EUR and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Chief Financial Officer / France

Salary comparison by gender France Chief Financial Officer yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Chief Financial Officer in France, the average difference between the salary of male and female employees is 6%.

Male
101,000 EUR
Female-5%
95,800 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in France for all Careers

Salary comparison by gender yearly France
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Average Annual Salary Increment Percentage / Chief Financial Officer / France

How much are annual salary increments in France for individuals working as Chief Financial Officer? How often do employees get salary raises?

Individuals working as Chief Financial Officer in France are likely to observe a salary increase of approximately 15% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate France Chief Financial Officer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

France / All Professions

Annual Salary Increment Rate France
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in France is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Chief Financial Officer / France

How much and how often are bonuses being awarded?Annual Salary Bonus Rate France Chief Financial Officer
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20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
80%
No Bonus
20%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Chief Financial Officer / France


47 EUR per hour

The average hourly wage (pay per hour) for individuals working as Chief Financial Officer in France is 47 EUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Chief Financial Officer in France is 25 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Executive and Management-100%
Account Coordinator46,600 EUR-53%
Account Director56,400 EUR-43%
Account Executive55,600 EUR-44%
Account Manager50,400 EUR-49%
Administration Manager51,400 EUR-48%
Administration Officer29,500 EUR-70%
Administration Supervisor45,000 EUR-54%
Administrative Clerk21,300 EUR-78%
Administrative Officer21,000 EUR-79%
Area Director52,700 EUR-47%
Area Manager48,400 EUR-51%
Asset Protection Associate61,200 EUR-38%
Assistant Director56,300 EUR-43%
Assistant General Manager58,800 EUR-40%
Assistant Manager61,300 EUR-38%
Assistant Managing Director63,500 EUR-36%
Assistant Operations Manager62,600 EUR-37%
Assistant Project Manager54,000 EUR-45%
Assistant Section Head47,100 EUR-52%
Assistant to CEO50,500 EUR-49%
Assistant Vice President61,000 EUR-38%
Associate Account Director54,200 EUR-45%
Associate Director59,400 EUR-40%
Bid Manager62,500 EUR-37%
Branch Manager64,400 EUR-35%
Business Development Manager71,600 EUR-28%
Business Operations Associate57,500 EUR-42%
Business Operations Lead57,900 EUR-41%
Campaign Manager59,400 EUR-40%
Catering Coordinator34,900 EUR-65%
Catering Manager54,300 EUR-45%
CEO106,000 EUR+7%
Chairman of The Board102,000 EUR+3%
Chairman Office Manager72,200 EUR-27%
Chief Commercial Officer75,200 EUR-24%
Chief Corporate Officer88,000 EUR-11%
Chief Digital Officer78,600 EUR-20%
Chief Digital Strategy Officer78,100 EUR-21%
Chief Digital Transformation Officer71,100 EUR-28%
Chief Ethics Officer67,900 EUR-31%
Chief Executive Officer110,000 EUR+11%
Chief Financial Officer98,800 EUR+0%
Chief Investment Officer76,100 EUR-23%
Chief of Staff48,200 EUR-51%
Chief Operating Officer80,200 EUR-19%
Chief Privacy Officer65,700 EUR-33%
Chief Resilience Officer82,800 EUR-16%
Chief Risk Officer68,400 EUR-31%
Chief Strategy Officer85,700 EUR-13%
Chief Trust and Safety Officer68,800 EUR-30%
Client Account Manager63,100 EUR-36%
Client Accounts Officer57,200 EUR-42%
Client Services Manager67,700 EUR-31%
Commercial Director71,400 EUR-28%
Commercial Manager63,300 EUR-36%
Commercial Project Manager56,100 EUR-43%
Commodity Broker45,300 EUR-54%
COO77,300 EUR-22%
Corporate Affairs Executive62,700 EUR-37%
Corporate Compliance Director67,700 EUR-31%
Corporate Director76,600 EUR-22%
Corporate Officer52,300 EUR-47%
Corporate Partnerships Officer49,600 EUR-50%
Country Manager81,600 EUR-17%
Department Head68,200 EUR-31%
Department Manager66,500 EUR-33%
Department Supervisor56,000 EUR-43%
Deputy Director77,100 EUR-22%
Deputy Manager76,800 EUR-22%
Director84,000 EUR-15%
Director of Accreditation70,400 EUR-29%
Director of Catering Services61,600 EUR-38%
Director of Client Services67,500 EUR-32%
Director of Facilities Management60,800 EUR-38%
Director of Operations70,400 EUR-29%
Director of Process Simplification57,800 EUR-41%
Director of Product Management71,000 EUR-28%
Director of Project Management74,600 EUR-24%
Director of Revenue Management69,000 EUR-30%
Director of Training and Development67,800 EUR-31%
Distribution Manager70,500 EUR-29%
Division Manager62,100 EUR-37%
Duty Manager63,200 EUR-36%
Engagement Manager74,400 EUR-25%
Executive Director109,000 EUR+10%
Executive Manager91,800 EUR-7%
Franchise Manager90,800 EUR-8%
General Manager84,300 EUR-15%
Generational Consultant56,400 EUR-43%
Global Master Data Manager73,700 EUR-25%
Global Technical Lead50,000 EUR-49%
Head of Investment71,000 EUR-28%
Head of Middle Office67,100 EUR-32%
Head of Projects71,600 EUR-28%
Head of Strategy84,400 EUR-15%
Head of Supply Chain67,100 EUR-32%
Head of Sustainability60,000 EUR-39%
Housing Manager56,100 EUR-43%
HSE Manager59,800 EUR-39%
Innovation Manager62,800 EUR-36%
Key Account Manager58,700 EUR-41%
Knowledge Manager70,400 EUR-29%
Location Manager70,200 EUR-29%
Logistics Executive58,000 EUR-41%
Logistics Manager53,300 EUR-46%
Management Consultant55,800 EUR-43%
Management Executive79,300 EUR-20%
Manager73,200 EUR-26%
Managing Director82,200 EUR-17%
MIS Executive71,100 EUR-28%
Ocean Services Manager75,500 EUR-24%
Online Business Manager98,000 EUR-1%
Operational Manager74,800 EUR-24%
Operations Analyst65,400 EUR-34%
Operations Assistant51,500 EUR-48%
Operations Director83,800 EUR-15%
Operations Executive74,900 EUR-24%
Operations Manager79,600 EUR-19%
Operations Supervisor64,100 EUR-35%
Planning Director78,200 EUR-21%
PMO Manager66,700 EUR-32%
Policy Administration Executive63,600 EUR-36%
Private Sector Executive63,200 EUR-36%
Product Development Manager69,100 EUR-30%
Product Executive63,300 EUR-36%
Production Executive72,600 EUR-26%
Production Manager70,300 EUR-29%
Production Supervisor58,300 EUR-41%
Program Director75,800 EUR-23%
Program Manager76,200 EUR-23%
Programme Coordinator49,200 EUR-50%
Project Control Manager73,500 EUR-26%
Project Coordinator42,800 EUR-57%
Project Management Officer51,900 EUR-47%
Project Manager52,600 EUR-47%
Project Portfolio Manager57,100 EUR-42%
Quality Manager61,000 EUR-38%
R/D Director63,700 EUR-36%
Regional Director101,000 EUR+2%
Regional Manager74,200 EUR-25%
Relationship Manager71,100 EUR-28%
Retail District Manager52,800 EUR-47%
Revenue Manager56,300 EUR-43%
Risk and Capital Manager78,200 EUR-21%
Risk Officer56,300 EUR-43%
Safety Manager52,700 EUR-47%
Section Head53,400 EUR-46%
Service Manager59,600 EUR-40%
Shift Supervisor44,300 EUR-55%
Solutions Manager52,000 EUR-47%
Supervisor43,100 EUR-56%
Supply Chain Manager79,400 EUR-20%
Surveyor48,300 EUR-51%
Technical Director66,600 EUR-33%
Technical Manager70,900 EUR-28%
Territory Manager71,400 EUR-28%
Validation Manager62,100 EUR-37%
Vice President90,800 EUR-8%
Zone Manager76,400 EUR-23%

Salary Comparison By City

CityAverage Salary
Paris109,000 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in France is 5% on average across all career fields.

Private Sector
48,400 EUR
Public Sector+5%
50,900 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Chief Financial Officer in France?

A good and competitive compensation would range anywhere between 89,100 EUR and 101,000 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Chief Financial Officer in France ranges from 52,300 EUR to 74,200 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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