CFA Salary

CFA salary variations

The amount of CFA salary depends on the job type, years of experience, employee type, and many other factors. Using averages will help you get an idea of the different amount of CFA salary on each variety. Account company size, experience, skills, degree, or location are not included in inquiring for the different kinds of CFA salaries.

Chartered Financial Analysts have jobs in different companies and they have various kinds of job titles and positions. The main duty of CFAs is managing the finance issues of companies. The CFA salary depends on the experience level and other different factors. These factors include the company size, the amount of sales, and on what kind of organization the company is.

These are the different kinds of CFA salaries depending on the factors that affect them:

When it comes to experience, CFAs with less than one-year experience can get $51,282 for a median CFA salary. While $62,567 is the median salary for CFAs with one to four years experience. An annual salary of $90,335 may be accumulated by a CFA with 10 to 19 years of experience. For a CFA with more than 20 years of experience, the CFA salary can get as high as a median salary of $149,017. This is according to PayScale.com.

When it comes to job types, the chief financial officers got the highest CFA salary as of 2009, according to PayScale.com. They got a median salary of $141,544. The second highest paying job type for CFA salary are the vice presidents. They get up to $131,133 a year. While portfolio managers can get up to $99,541 and $70,108 for financial/security/investment analysts. $80,554 is the salary a senior financial analyst can get. Finance and banking analysts has a salary of up to $62,490. And the lowest paid CFA during 2009 got an annual pay of $59,381. This figure is for the financial analysts.

The employer type is also another factor that affects the amount of CFA salary. CFAs work for different amounts of salary depending on the different kinds of employers they work for. CFAs who are contractors have the lowest salary of $50,400. If a CFA works for a foundation or trust one may get an annual salary of $77,437. The highest pay a CFA may get is when one works for a franchise company. When a CFA works for a franchise, one may get as high as $110,592 annually. State and local governments pay $76,041 while federal governments pay $78,467.

The company size is also a very important factor that may affect the CFA salary. The smallest companies with only one to nine employees may pay only $75,756. A company with 10 to 49 employees may pay $83,144, a company with 200 to 199 may pay $85,649, and a company with 200 to 599 employees may pay up to $97,579. Companies with 500,000 or more employees may give the biggest CFA pay.

The company sales are also a very important factor affecting the CFA salary, because companies depend on the sales it has on a certain period of time. So if a company has higher sales, the employees will be given higher, otherwise if the company has smaller sales.