Compensation Snapshots # 40 – Divisional Controller of a $65mm Office Supplies Distribution Company

Salary surveys are useful in defining a general compensation range for senior finance and accounting positions. However, the ranges they report are too broad to be really useful to users who are trying to nail down an appropriate pay scale for someone in their particular operation. Compensation can vary widely as a function of industry, size, complexity, growth history and location. What the CFO of a public, $75mm high tech manufacturing concern in Markham is earning will be very different from what the CFO of a privately owned $75mm furniture manufacturer in Mississauga is earning.…

Taking Counter-Offers Out of Play

Let’s take a hypothetical situation where you’re the CFO of a thriving micro-brewing company (since we’re being hypothetical, we might as well have some fun). Your controller resigned a couple of months ago, giving you two weeks’ notice and you’ve been busy trying to fill their chair ever since. And now, finally, after a long, arduous search, you’ve managed to identify one candidate that you think would do a stellar job as your new controller.

You make an offer to this candidate and she gives you a verbal assurance that she’s going to take the job.…

Compensation Snapshots # 39 – Director, Finance & Administration of a $40mm – Publishing Company

Salary surveys are useful in defining a general compensation range for senior finance and accounting positions. However, the ranges they report are too broad to be really useful to users who are trying to nail down an appropriate pay scale for someone in their particular operation. Compensation can vary widely as a function of industry, size, complexity, growth history and location. What the CFO of a public, $75mm high tech manufacturing concern in Markham is earning will be very different from what the CFO of a privately owned $75mm furniture manufacturer in Mississauga is earning.…