Risk Management – Compensation and Market Trends Report 2014

Our 2014 Mid-Year Report combines a review of the prevailing conditions in the risk management recruitment market with the results of a comprehensive compensation survey covering both permanent and contract risk managers. The results of the survey together with our own experience allows us to report that, in spite of tight corporate cost controls, the recovery in the risk recruitment market remains on track.     

• The rate at which vacancies are currently being filled is at its highest rate since 2011.  
• Whilst averages are made up of a wide range of individual experiences, the average salary increase for risk managers changing their jobs is currently 20% whilst the average increase for those staying with their existing employer is 6%. 
• 24% of risk managers surveyed had changed employer in the last 12 months. This cannot be considered representative of all risk managers but is up from 21% reported  a year ago.

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