The 93-page survey provides
detailed compensation analysis by industry, location and position for virtually
all risk professional positions. The survey also demonstrates the impact of
education, experience and certain demographics on compensation, as well as
benefits and additional cash compensation programs available to practitioners.
Key Findings include:
- Education and
experience both correlate positively with salary. Those who completed a degree
higher than that of a Bachelor’s typically earn $29,200 more than those who did
not.
- Males tend to
earn more than female, but also tend to have higher levels of education and
experience.
- US risk
management professionals earned a 3.5% average increase in base salary as of
June 1, 2017
The survey was conducted by
email and disseminated to qualified professional RIMS members. It comprises
data from 950 completed surveys submitted by full-time risk professionals and
offers findings for seven different risk management job titles. The 2017 RIMS
Risk Management Compensation Survey incorporates data from 781 United States
and 138 Canadian risk professionals.