Threat professionals in any respect ranges in the US skilled a mean 14.4% base wage improve in 2021 in comparison with 2019, whereas Canadian practitioners skilled a mean 18.8% improve in the identical interval, in response to the bi-annual survey RIMS 2021 Compensation Survey.
In comparison with the final survey in 2019, findings from the RIMS 2021 Compensation Survey embody:
- The median annual base wage for United States danger administration professionals in 2021 was $135,000 up from $118,000 in 2019; and in Canada it was $120,000 up from $101,000;
- U.S. executives with the title and obligations most carefully aligning with Director of Insurance coverage and Threat Administration noticed the most important wage improve, almost $19,000 within the two-year interval;
- Each female and male danger professionals in United States skilled related pay will increase, 14.2% and 14.7% respectively; whereas in Canada, girls noticed raises of greater than double that of males – 22% improve for females versus 8.7% for males;
Based on RIMS, danger administration certifications and designations are held by a majority of respondents, 64% in United States and 84% in Canada.
The survey was performed by e mail and disseminated to certified RIMS skilled members and non-members. The 2021 survey incorporates knowledge from 1,039 danger professionals in the US and 174 in Canada.
RIMS, the danger administration society, provides networking, skilled improvement, certification, and training alternatives to its membership of 10,000 danger administration professionals in over 60 nations.
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