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Chief Financial Officer Average Salary in Argentina 2024

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


Average Monthly Salary
97,600 ARS
( 1,170,000 ARS yearly)

LOW
52,700
ARS
AVERAGE
97,600
ARS
HIGH
147,000
ARS
All salary figures displayed here are per month 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 Argentina typically earns around 97,600 ARS. Salaries range from 52,700 ARS (lowest) to 147,000 ARS (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Chief Financial Officer salaries in Argentina 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 Argentina

Median and salary distribution Argentina Chief Financial Officer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
86,900 ARS or more
10% of people earn
77,800 to 86,900 ARS
20% of people earn
57,800 ARS or less
65% of people earn
57,800 to 77,800 ARS
Minimum Salary
52,700 ARS
Median
87,200 ARS
Maximum
147,000 ARS




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

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

    Salaries for the position Chief Financial Officer in Argentina range from 52,700 ARS (starting salary) to 147,000 ARS (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 87,200 ARS, half of the professionals who work as Chief Financial Officer in Argentina 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 Argentina earn less than 73,000 ARS, while 75% earn more. Similarly, the chart shows that 75% earn less than 98,400 ARS 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 Argentina compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 57,800 ARS to 77,800 ARS. About 20% of salaries are below the 57,800 ARS mark, while 10% fall within the range of 77,800 ARS to 86,900 ARS. Only 5% of individuals have salaries exceeding 86,900 ARS.

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

How do experience and age affect pay?

0 - 2 Years
61,200 ARS
2 - 5 Years+26%
77,300 ARS
5 - 10 Years+32%
102,000 ARS
10 - 15 Years+18%
120,000 ARS
15 - 20 Years+11%
133,000 ARS
20+ Years+6%
141,000 ARS
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Argentina 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 month except when noted otherwise.

Employees with less than two years of experience earn approximately 61,200 ARS.

While someone with an experience level between two and five years is expected to earn 77,300 ARS, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 102,000 ARS, 32% 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 120,000 ARS, 18% 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 133,000 ARS, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 141,000 ARS, 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 / Argentina

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
74,500 ARS
Certificate or Diploma+13%
83,900 ARS
Bachelor's Degree+32%
110,000 ARS
Master's Degree+24%
137,000 ARS
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Argentina 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 74,500 ARS.


Level 2: Certificate or Diploma

At this level, the average salary becomes 83,900 ARS, 13% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 110,000 ARS, 32% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 137,000 ARS, 24% 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 Argentina costs anywhere from 227,000 ARS to 680,000 ARS 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 / Argentina

Salary comparison by gender Argentina Chief Financial Officer monthly
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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 Argentina, the average difference between the salary of male and female employees is 6%.

Male
100,000 ARS
Female-6%
94,500 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Average Annual Salary Increment Percentage / Chief Financial Officer / Argentina

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

Individuals working as Chief Financial Officer in Argentina are likely to observe a salary increase of approximately 15% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Argentina 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.

Argentina / All Professions

Annual Salary Increment Rate Argentina
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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 Argentina is 6%.

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 / Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Chief Financial Officer
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23% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 77% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
77%
No Bonus
23%

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 / Argentina


560 ARS per hour

The average hourly wage (pay per hour) for individuals working as Chief Financial Officer in Argentina is 560 ARS.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 Argentina is 300 ARS. 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 Coordinator45,500 ARS-53%
Account Director50,400 ARS-48%
Account Executive54,700 ARS-44%
Account Manager50,200 ARS-49%
Administration Manager51,500 ARS-47%
Administration Officer27,700 ARS-72%
Administration Supervisor43,800 ARS-55%
Administrative Clerk21,400 ARS-78%
Administrative Officer21,200 ARS-78%
Area Director48,500 ARS-50%
Area Manager49,000 ARS-50%
Asset Protection Associate57,200 ARS-41%
Assistant Director53,700 ARS-45%
Assistant General Manager57,200 ARS-41%
Assistant Manager56,600 ARS-42%
Assistant Managing Director66,100 ARS-32%
Assistant Operations Manager61,900 ARS-37%
Assistant Project Manager53,200 ARS-45%
Assistant Section Head45,000 ARS-54%
Assistant to CEO51,800 ARS-47%
Assistant Vice President60,700 ARS-38%
Associate Account Director52,600 ARS-46%
Associate Director57,100 ARS-41%
Bid Manager63,000 ARS-35%
Branch Manager61,900 ARS-37%
Business Development Manager65,100 ARS-33%
Business Operations Associate54,800 ARS-44%
Business Operations Lead57,100 ARS-41%
Campaign Manager59,500 ARS-39%
Catering Coordinator31,900 ARS-67%
Catering Manager54,800 ARS-44%
CEO105,000 ARS+8%
Chairman of The Board100,000 ARS+2%
Chairman Office Manager66,400 ARS-32%
Chief Commercial Officer72,800 ARS-25%
Chief Corporate Officer82,900 ARS-15%
Chief Digital Officer73,500 ARS-25%
Chief Digital Strategy Officer75,600 ARS-23%
Chief Digital Transformation Officer71,400 ARS-27%
Chief Ethics Officer66,200 ARS-32%
Chief Executive Officer109,000 ARS+12%
Chief Financial Officer97,600 ARS+0%
Chief Investment Officer78,400 ARS-20%
Chief of Staff51,000 ARS-48%
Chief Operating Officer74,800 ARS-23%
Chief Privacy Officer63,800 ARS-35%
Chief Resilience Officer76,200 ARS-22%
Chief Risk Officer69,700 ARS-29%
Chief Strategy Officer87,800 ARS-10%
Chief Trust and Safety Officer68,400 ARS-30%
Client Account Manager63,600 ARS-35%
Client Accounts Officer54,100 ARS-45%
Client Services Manager66,300 ARS-32%
Commercial Director74,000 ARS-24%
Commercial Manager61,500 ARS-37%
Commercial Project Manager57,700 ARS-41%
Commodity Broker43,300 ARS-56%
COO79,500 ARS-19%
Corporate Affairs Executive64,900 ARS-33%
Corporate Compliance Director65,500 ARS-33%
Corporate Director69,600 ARS-29%
Corporate Officer47,500 ARS-51%
Corporate Partnerships Officer48,200 ARS-51%
Country Manager80,000 ARS-18%
Department Head64,800 ARS-34%
Department Manager65,500 ARS-33%
Department Supervisor57,100 ARS-41%
Deputy Director72,600 ARS-26%
Deputy Manager74,700 ARS-23%
Director81,700 ARS-16%
Director of Accreditation68,700 ARS-30%
Director of Catering Services62,400 ARS-36%
Director of Client Services65,100 ARS-33%
Director of Facilities Management57,700 ARS-41%
Director of Operations68,700 ARS-30%
Director of Process Simplification52,600 ARS-46%
Director of Product Management70,100 ARS-28%
Director of Project Management73,600 ARS-25%
Director of Revenue Management63,500 ARS-35%
Director of Training and Development69,100 ARS-29%
Distribution Manager74,600 ARS-24%
Division Manager60,600 ARS-38%
Duty Manager61,900 ARS-37%
Engagement Manager70,600 ARS-28%
Executive Director98,100 ARS+1%
Executive Manager86,900 ARS-11%
Franchise Manager92,200 ARS-5%
General Manager78,400 ARS-20%
Generational Consultant56,000 ARS-43%
Global Master Data Manager75,100 ARS-23%
Global Technical Lead46,500 ARS-52%
Head of Investment69,300 ARS-29%
Head of Middle Office62,600 ARS-36%
Head of Projects70,700 ARS-28%
Head of Strategy81,100 ARS-17%
Head of Supply Chain66,700 ARS-32%
Head of Sustainability56,000 ARS-43%
Housing Manager56,600 ARS-42%
HSE Manager57,200 ARS-41%
Innovation Manager58,900 ARS-40%
Key Account Manager56,600 ARS-42%
Knowledge Manager67,100 ARS-31%
Location Manager62,700 ARS-36%
Logistics Executive54,300 ARS-44%
Logistics Manager56,400 ARS-42%
Management Consultant53,800 ARS-45%
Management Executive72,200 ARS-26%
Manager72,800 ARS-25%
Managing Director82,300 ARS-16%
MIS Executive71,400 ARS-27%
Ocean Services Manager72,200 ARS-26%
Online Business Manager96,000 ARS-2%
Operational Manager69,800 ARS-28%
Operations Analyst59,400 ARS-39%
Operations Assistant50,200 ARS-49%
Operations Director80,500 ARS-17%
Operations Executive75,800 ARS-22%
Operations Manager74,300 ARS-24%
Operations Supervisor66,700 ARS-32%
Planning Director73,300 ARS-25%
PMO Manager64,000 ARS-34%
Policy Administration Executive59,500 ARS-39%
Private Sector Executive62,400 ARS-36%
Product Development Manager70,000 ARS-28%
Product Executive58,800 ARS-40%
Production Executive70,600 ARS-28%
Production Manager72,000 ARS-26%
Production Supervisor58,300 ARS-40%
Program Director69,300 ARS-29%
Program Manager75,800 ARS-22%
Programme Coordinator50,700 ARS-48%
Project Control Manager72,900 ARS-25%
Project Coordinator41,400 ARS-58%
Project Management Officer48,100 ARS-51%
Project Manager53,000 ARS-46%
Project Portfolio Manager54,900 ARS-44%
Quality Manager57,700 ARS-41%
R/D Director61,200 ARS-37%
Regional Director99,100 ARS+2%
Regional Manager70,200 ARS-28%
Relationship Manager72,200 ARS-26%
Retail District Manager51,600 ARS-47%
Revenue Manager56,500 ARS-42%
Risk and Capital Manager77,000 ARS-21%
Risk Officer52,000 ARS-47%
Safety Manager54,600 ARS-44%
Section Head54,700 ARS-44%
Service Manager56,600 ARS-42%
Shift Supervisor41,900 ARS-57%
Solutions Manager49,600 ARS-49%
Supervisor41,000 ARS-58%
Supply Chain Manager76,300 ARS-22%
Surveyor47,500 ARS-51%
Technical Director66,400 ARS-32%
Technical Manager68,400 ARS-30%
Territory Manager69,400 ARS-29%
Validation Manager60,100 ARS-38%
Vice President81,200 ARS-17%
Zone Manager70,700 ARS-28%

Salary Comparison By City

CityAverage Salary
Buenos Aires109,000 ARS

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 Argentina is 7% on average across all career fields.

Private Sector
43,700 ARS
Public Sector+7%
46,600 ARS
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 Argentina?

A good and competitive compensation would range anywhere between 87,200 ARS and 98,400 ARS. 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 Argentina ranges from 52,700 ARS to 73,000 ARS. 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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