onlycfo.io · 2024-02-09 · 846d

Guide to Headcount Efficiency and Salary Benchmarks for Finance Roles

The article addresses how software companies can balance headcount costs (~70% of expenses) with revenue growth, emphasizing proper staffing over arbitrary cost-cutting. It provides guidance on fixing inefficiencies from the ZIRP era (title inflation, overhiring, unsustainable salaries) and introduces zero-based budgeting and strategic hiring practices. The article concludes with cash compensation benchmarks for CFO and accounting/finance roles across different company stages.

3 metrics· Cited 0× in the knowledge base ·Open source ↗

Metrics in this report

Other Costs (Rent, Insurance, etc.) as % of Total Expenses

5-10percent

typical

Software businesses

People Costs as % of Total Expenses

65-75percent

typical

Software businesses

Software/Infrastructure Costs as % of Total Expenses

15-25percent

typical

Software businesses