Average Salary Of Finance Manager In Netherlands
Average Salary Of Finance Manager In Netherlands – How do CFO salaries compare between major European markets such as London and Paris? What kind of growth can a finance professional expect through the ranks to Finance Manager, Controller, Chief Financial Officer or Vice President?
Salary information is difficult to find in the public domain. Cultural norms mean that people are not comfortable talking about their earnings, and most companies are not transparent about pay.
Average Salary Of Finance Manager In Netherlands
If you’re looking for specific finance team salary criteria, you’ve found it. In this article, CFO Connect and .
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This article focuses on job title and geographic differences. Download the full report for a more detailed analysis of pay versus experience, gender differences, parenthood, fringe benefits and remote work.
This survey was conducted in May 2022 with representatives from the CFO Connect community. More than 800 finance leaders were surveyed, including CFOs, CFOs, and CFOs.
Most respondents work in Europe, particularly in France, Germany and the UK. 70% are men.
Most work in SMEs with fewer than 250 employees, particularly in the software and IT industries. The majority of respondents are start-ups, with companies less than 10 years old.
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We see large differences in the salaries of financial professionals across Europe, with French salaries being the lowest in Central and Northern Europe. Wages are on average 30% higher in Germany and 40.1% higher in the UK than in France.
Compared to our 2021 benchmark, French wages rose by 5.5 percent, while German finance wages rose by 8.5 percent. These increases help bring the salaries of European finance professionals closer to those of British professionals.
Interestingly, the report found that the average VP of Finance earns more than the average CFO. This is probably due to the fact that the CFO application is available in many types of companies where the CFO is the first member of the financial team. But companies of a certain size and turnover only have VP positions, so the average here is higher.
To illustrate this point, the lowest salary for a CFO in our sample was €30,000 as a CFO of a small company. For companies with 101 to 250 employees, the lowest salary for a financial vice president was 50,000 euros.
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After looking at the financial salary numbers above, what can you do to move up the ranks and reach a higher paying position?
There are few things in your career that will be more valuable than the support of others. This includes current managers, peers from other companies, or mentors who can help guide your career path.
Melissa Patino from N26 explained that it was a big boost to have other people invest in her career. “I was in the shadows, the new CFO didn’t know what I was doing. I do something completely different and start making connections and make sure they are a guarantee for my career. I spoke to supervisors and managers to ensure that my work was not visible. It made me grow up. It was a great learning experience.”
Career advancement does not come by climbing the ladder. Especially in periods of slow growth, companies often do not open senior positions, and career paths can become stagnant.
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Instead, a business partner role or lateral step into a whole new field could be the catalyst to advance your career.
Says Sahil Kamani, senior financial controller at Grover, “Dispel the myth that vertical growth is the only option. Perhaps that was true in our parents’ generation, a more traditional path.
“We need to broaden our thinking and think about career growth. Be innovative and resourceful. You might be interested in another department. Keep an open mind!”
There is an old saying that finance teams must avoid risk and protect cash at all costs. Of course, you have to be a good steward of the company’s assets, but modern businesses cannot grow without experimentation and risk.
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As Altima CEO John Watkins explains, the modern CFO must have an entrepreneurial mindset and embrace uncertainty.
“Today’s CFOs are tasked with making rapid changes and making financial decisions that can have serious and unpredictable consequences. You have to be able to accept uncertainty and risk and have the confidence to make the necessary calls.”
Take advantage of these opportunities in your junior role and prepare to take risks as you progress.
For more details and context on the numbers above, download the full CFO Salary Benchmark Report. We will send you new information each year as soon as we have it.
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Close your books 4 times faster, collect over 95% of receipts on time, and get 100% visibility into company spending. Estimated Average Salary: Our salaries are based on thousands of job listings and industry knowledge within our expert recruiting teams. These salaries represent an average, taking into account several variables (industry, location, level of seniority, etc.). OK Estimated Average Salary: Our salaries are based on thousands of job listings and industry information from our expert recruiting teams. These salaries represent an average, taking into account several variables (industry, location, level of seniority, etc.). Well
According to our salary calculator, the average monthly salary for Financial Managers in Hong Kong SAR is between $65,000 and $120,000.
Whether you’re looking to hire your next Finance Manager or looking for a new position in this space, we’re here to help.
High: You can earn this amount if you have a lot of experience, professional skills and are able to handle complex tasks.
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Intermediate: If you have good experience, meet your skills and prove yourself in the role, you can earn this amount.
Low: If you are new to the job and haven’t gained much “on-the-spot” experience, you can earn this amount.
We researched our database to gain insights from professionals and hiring managers in Hong Kong SAR. This research will help guide your talent attraction and retention strategies through 2023 and beyond.
I expect to lose more employees in the next six months as most organizations are trying to generate more revenue by relocating jobs.
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Salary information, insights and advice to manage your talent strategy. Compare what you are paying your staff to the industry average for jobs in that position.
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Thank you for downloading the Hong Kong SAR Salary Guide 2023. As you read this, a copy is arriving in your inbox. Looking for a new job right now? Search our site for opportunities today. Now is the time to advance your career more than ever. View job opportunities No Thank you, take me back Singapore, an island city-state in Southeast Asia, is one of the richest countries in the world. According to the World Economic Forum (WEF), it is one of the most competitive economies in the world. On the other hand, according to the provision