Finance director pay drops

Finance | 28 Oct 2009

The average salary for finance directors in the sector who participated in Acevo’s annual salary survey, is £49,397 – nearly £2,000 less than last year.

The survey, based on a sample of 295 finance directors during the spring and summer of 2009, found that the lowest salary was £17,500 while the highest was £97,840. In 2008, from 221 respondents, the lowest was £19,000 and the highest £97,500.

This year, three-fifths of FDs were male, slightly less than last year. In 2008, the average salary for women FDs was £6,600 less than their male counterparts; this year this difference was not measured in the survey. However, male CEOs earned, on average, £7,550 more than women.

The median salary for chief executives - 707 responded to the survey – was £57,264. In organisations with more than 1,000 employees, the median salary is £107,000, up 4 per cent since last year.

The senior manager position with the highest median salary is the fundraising director, at £46,350.

Directory: Association of Chief Executives of Voluntary Organisations (ACEVO)

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.