BCM Compensation Report · Certification - USA Increase in Compensation as a Result of...

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8th Annual Business Continuity Compensation Report BC Management’s 8th Annual Business Continuity Compensation Study received over 2,500 participants in over 50 countries. Over 1,000 business continuity management and related professionals across the United States completed the study, which gathered data on 2007 and 2008 compensations. The data throughout this report highlights full-time, permanent employees (FTE) in the United States, and average total compensation, unless otherwise noted. Total compensation includes base, bonuses and any commissions earned. Other job related benefits, such as stock options and profit sharing are not included. Similar reports will be generated for specific countries or regions based on the number of respondents. 8 th Annual Business Continuity Compensation Report – USA Benchmarking. Plan Ahead. Be Ahead. www.bcmanagement.com Compensation 2005 $40,000 $80,000 $120,000 $160,000 $112,737 $126,385 $126,080 $0 2006 2007 2008 $94,283 $94,669 $133,289 $101,238 $95,297 FTE Contractor Average Total Compensation - USA Total Compensation Job Title Entry- Level/ Analyst $92,176 $63,591 $35,000 Max Avg Min Planner/ Coord/ Admin $230,000 $79,648 $25,000 Mgr/AVP/ Proj Mgr $301,000 $100,509 $30,000 VP/ Director $225,000 $122,491 $42,000 Global Mgr $270,000 $141,621 $54,250 Sales $137,000 $92,000 $60,000 FT Consultant $134,000 $91,544 $45,000 FT Sr. Consultant $160,000 $98,602 $55,000 FT Mging Consultant $160,000 $113,000 $87,000 FT Sr. Mgr/ Director $185,000 $138,200 $79,000 FT Practice Leader/ Principal $191,000 $140,417 $105,250 Chief Officer $320,000 $167,167 $80,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Average Total FTE Compensation by Job Title - USA Average Total FTE Compensation by Experience - USA $150,000 $125,000 $100,000 $75,000 $50,000 $25,000 $0 1-3 yrs 4-6 yrs 7-10 yrs 11-15 yrs 16-20 yrs 21-25 yrs 26+ yrs 2008 Comp $85,976 $95,581 $105,882 $119,454 $123,162 $114,936 $109,885 % of Resp 18.53% 20.39% 23.79% 13.05% 5.59% 3.62% 1.54% Total Compensation Years of Field Experience Percentages within this graph do not equal 100% because those respondents with no business continuity experience were removed. March, 2009

Transcript of BCM Compensation Report · Certification - USA Increase in Compensation as a Result of...

Page 1: BCM Compensation Report · Certification - USA Increase in Compensation as a Result of Certification - USA Yes 23.97% No 76.03% Average Total FTE Compensation by Certification - USA

8th Annual Business Continuity Compensation Report

BC Management’s 8th Annual Business Continuity Compensation Study received over 2,500 participants in over 50 countries. Over 1,000 business continuity management and related professionals across the United States completed the study, which gathered data on 2007 and 2008 compensations. The data throughout this report highlights full-time, permanent employees (FTE) in the United States, and average total compensation, unless otherwise noted. Total compensation includes base, bonuses and any commissions earned. Other job related benefits, such as stock options and profit sharing are not included. Similar reports will be generated for specific countries or regions based on the number of respondents.

8th AnnualBusiness Continuity Compensation Report – USABenchmarking.

Plan Ahead. Be Ahead.

www.bcmanagement.com

Compensation

2005

$40,000

$80,000

$120,000

$160,000 $112,737$126,385 $126,080

$0

20062007

2008

$94,283

$94,669

$133,289

$101,238$95,297

FTE Contractor

Average Total Compensation - USA

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Job Title

Entry-Level/Analyst

$92,176

$63,591

$35,000

Max

Avg

Min

Planner/Coord/Admin

$230,000

$79,648

$25,000

Mgr/AVP/Proj Mgr

$301,000

$100,509

$30,000

VP/Director

$225,000

$122,491

$42,000

GlobalMgr

$270,000

$141,621

$54,250

Sales

$137,000

$92,000

$60,000

FTConsultant

$134,000

$91,544

$45,000

FT Sr.Consultant

$160,000

$98,602

$55,000

FT MgingConsultant

$160,000

$113,000

$87,000

FT Sr. Mgr/

Director

$185,000

$138,200

$79,000

FT PracticeLeader/Principal

$191,000

$140,417

$105,250

ChiefOfficer

$320,000

$167,167

$80,000

$400,000

$350,000

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000

$0

Average Total FTE Compensation by Job Title - USA

Average Total FTE Compensation by Experience - USA

$150,000

$125,000

$100,000

$75,000

$50,000

$25,000

$0 1-3 yrs 4-6 yrs 7-10 yrs 11-15 yrs 16-20 yrs 21-25 yrs 26+ yrs

2008 Comp $85,976 $95,581 $105,882 $119,454 $123,162 $114,936 $109,885

% of Resp 18.53% 20.39% 23.79% 13.05% 5.59% 3.62% 1.54%

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Years of Field Experience

Percentages within this graph do not equal 100% because those respondents with no business continuity experience were removed.

March, 2009

Page 2: BCM Compensation Report · Certification - USA Increase in Compensation as a Result of Certification - USA Yes 23.97% No 76.03% Average Total FTE Compensation by Certification - USA

8th Annual Business Continuity Compensation Report

Certification

Our study results show that 74% of the respondents are certified. The results also indicate that continuity professionals are increasingly earning multiple certifications. Another interesting trend is the increasing percentage of respondents who attributed an increase in their compensation as a result of obtaining a certification. Over a four year period this trend has increased from 13% to 24%. The average increase in compensation as a result of obtaining a certification was $8,598 in 2008, which was a 12% jump from the previous year. Over 48% of the respondents who attributed an increase in their compensation as a result of obtaining a certification had obtained the CBCP.

Average Total FTE Compensation by Number of Certifications - USA

Number of 2007 2008 % of Certifications Avg Comp Avg Comp RespNot Certified $94,079 $98,747 26.45%

(1) certification $105,782 $109,273 45.74%

(2) certifications $107,291 $110,332 18.84%

(3) certifications $119,786 $123,381 5.57%

(4+) certifications $90,282 $95,874 3.40%

Average Total FTE Compensation Increase from Certification - USA

Increase in Compensation as a Result of Certification - USA

Yes23.97%

No76.03%

Average Total FTE Compensation by Certification - USA

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Certification

High Increase

Avg Increase

Low Increase

$55,000

$50,000

$45,000

$40,000

$35,000

$30,000

$25,000

$20,000

$15,000

$10,000

$5,000

$0ABCP

$50,000

$10,800

$1,000

CBCP

$40,000

$7,579

$1,000

CISSP

$20,000

$7,375

$2,000

MBCP

$16,000

$9,200

$5,000

CEM

$20,000

$7,913

$1,000

CISA

$5,000

$4,000

$3,000

ITIL

$10,000

$6,357

$500

PMP

$20,000

$9,333

$2,000

Certification 2007 Avg Comp 2008 Avg Comp % of RespBusiness Continuity Certifications

CBCI (BCI) $91,171 $93,271 0.77%

AMBCI (BCI) $96,475 $101,119 0.66%

MBCI (BCI) $130,641 $137,994 2.65%

FBCI (BCI) $151,667 $159,833 0.66%

CBRP (BRCCI) $109,686 $126,186 0.77%

CBRM (BRCCI) $107,620 $114,370 1.10%

CBRA (BRCCI) $124,236 $130,918 1.21%

ABCP (DRII) $80,416 $84,312 7.28%

CFCP (DRII) $103,700 $109,698 1.65%

CBCP (DRII) $103,707 $107,809 46.75%

MBCP (DRII) $119,830 $123,925 3.42%

CORS (The ICOR) $92,750 $95,819 0.44%

LCSC (SunGard) $127,250 $123,750 0.44%

Emergency Management Certifications

CHS - I $131,167 $116,100 0.44%

CHS - III $98,896 $103,475 1.10%

CHS - IV $120,000 $121,750 0.44%

CHMP (IHMM) $74,500 $64,750 0.44%

CHMM (IHMM) $91,000 $97,814 0.77%

AEM (IAEM) $76,258 $81,175 0.88%

CEM (IAEM) $83,897 $88,197 6.84%

Risk Management Certifications

ARM (CPCU) $106,000 $114,763 0.88%

Audit Certifications

CISA (ISACA) $99,354 $99,000 2.43%

CISM (ISACA) $95,830 $103,695 0.88%

CIA (IIA) $108,250 $113,786 0.77%

Security Certifications

CISSP (ISC)2 $112,571 $119,440 2.21%

CPP (ASIS) $138,167 $134,600 1.10%

Technology Certifications

ACP (ICCP) $94,000 $94,950 0.44%

CDCP (The ICOR) $152,700 $156,380 0.55%

ITIL (Foundation) $104,519 $108,117 8.82%

ITIL (Practitioner) $83,800 $86,376 0.77%

Other Certifications

SSGB (ASQ) $102,491 $97,393 0.66%

PMP (PMI) $103,234 $105,373 4.96%

Only certifications with a sufficient response are included within this report. We are frequently asked why professionals with BCI certifications earn higher compensations on average than those with equivalent certifications from DRII. We have found that this is caused by the high percentage of BCI certified professionals coming from New York City and being in higher level positions.

Page 3: BCM Compensation Report · Certification - USA Increase in Compensation as a Result of Certification - USA Yes 23.97% No 76.03% Average Total FTE Compensation by Certification - USA

8th Annual Business Continuity Compensation Report

Average Total FTE Compensation by Degree - USA

Degree

High school Associate Degree Bachelor’s Degree Master’s Degree Doctorate/PhD.

$91,385 $90,297 $100,120 $107,826 $128,813

8.96% 13.29% 48.27% 28.32% 1.16%

2008 Comp

% of Resp

$150,0000

$125,000

$100,000

$75,000

$50,000

$25,000

$0

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Degrees and Bonuses

BonusesThe survey results indicate that 51% of respondents received a bonus in 2008, and 52% in 2007. This is a drop from 2006 when 63% received a bonus. The average bonus payout increased to $15,310 in 2008, which was a 4.6% increase from the previous year. Percentages highlighted in the Average Bonus Percentage of Base Salary chart do not add up to 100% due to these percentages comparing the amount of bonus received in relation to base salary for each individual job title and have no relation to one another.

Average Bonus Percentage of Base Salary - USA

Job Title

Avg

Bon

us P

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Entry-Level/Analyst

6.01%Bonus %

Planner/Coord/Admin

9.57%

Mgr/AVP/Proj Mgr

11.06%

VP/Director

12.46%

GlobalMgr

12.62%

Sales

12.23%

FTConsultant

29.06%

FT Sr.Consultant

9.25%

FT MgingConsultant

7.11%

FT Sr. Mgr/

Director

10.82%

FT PracticeLeader/Principal

12.76%

ChiefOfficer

28.77%

40%

35%

30%

25%

20%

15%

10%

5%

0%

DegreesOur annual study not only reviews compensation by degree, but it also assesses compensation for those professionals who have obtained a college degree specifically in business continuity planning. The percentage of respondents with a degree in business continuity has increased over the last four years from 1.0% to 2.3%. This is an emerging trend that we see being driven by business continuity professionals that do not have a college education pursuing a degree catered to their current career path. We are also seeing a trend where every year more universities are creating business continuity curriculums to satisfy the demand for a formal education in this field. We expect both of these trends to continue as business continuity gains more visibility within corporations and the general public.

Advanced Degree in BCM - USA

Yes2.32%

No97.68%

FTE Bonus Payout - USA

2007 2008

Max $145,000 $156,000

Avg $15,162 $15,310

Min $500 $250

Bonus Payout 2008 - USA

Yes51%

No49%

Page 4: BCM Compensation Report · Certification - USA Increase in Compensation as a Result of Certification - USA Yes 23.97% No 76.03% Average Total FTE Compensation by Certification - USA

8th Annual Business Continuity Compensation Report

Distribution of Respondents by Job Title - USA

Job Title % of RespEntry-Level/ Analyst 1.64%

Planner/ Coord/ Admin 32.39%

Mgr/ AVP/ Proj Mgr 35.68%

VP/ Director 19.13%

Global Manager 5.05%

Chief Officer 0.82%

President 0.23%

Sales (Non-Mgmt) 0.47%

Sales (Mgt) 0.23%

Other 4.34%

Distribution of Respondents by Continuity Responsibilities - USA

Continuity Responsibilities % of Resp Back-up/ Resiliency % 4.80%

Business Impact Analysis % 7.78%

Crisis Management % 7.31%

Executive Buy-in % 6.09%

Facility Evaluation % 3.67%

Gap Analysis % 5.23%

Program Development % 8.04%

Program Documentation % 7.88%

Program Exercises % 8.78%

Program Implementation % 5.78%

Program Management % 7.47%

Program Training/ Awareness % 7.20%

Risk Assessment % 4.77%

Software Implementation % 2.97%

Strategic Planning % 5.93%

Vendor Evaluation/ Management % 4.04%

Other % 2.26%

Distribution of Respondents by Discipline - USA

Disciplines % of Resp Audit 4.35%

Business Continuity Process (Business Focus) 13.88%

Change Management 3.76%

Compliance 5.55%

Crisis Management 9.13%

Disaster Recovery Process (IT Focus) 9.74%

Emergency Management 9.16%

Facilities Management 2.76%

Health & Safety – Environmental 2.16%

Health & Safety – Occupational 2.46%

High Availability/Operational Resilience 4.22%

Information Technology 4.32%

Project Management 7.51%

Records Management 2.53%

Risk Management - Enterprise 4.14%

Risk Management - Insurance 1.46%

Risk Management - Operational 3.83%

Security – Information 3.23%

Security – Physical 3.47%

Other 2.32%

Salary BenchmarkingBased on the large number of respondents, BC Management is able to offer salary benchmarking. For a fee, we will analyze our data according to your specifications, which can include job title, geography, years of field experience, industry, certification, years work experience, IT expertise, degree and travel. Please contact BC Management for more information.

Study Methodology The study was carried out through an online survey of professionals in business continuity or in related fields. The data was collected during February and March of 2009, and professionals throughout the world were invited to participate. Participants were notified of the survey primarily through email newsletters from BC Management and from many other industry organizations. They were given the option of keeping their identity confidential. The study is conducted and the results are tabulated by an independent company, WorldAPP Key Survey. The total number of participants from the United States was 1,034.

Change in Employment - USA

Contractor3.97%

Unemployed7.25%

FTE87.31%

No Change14.53%

Decreased41.88%

Yes18.08%

No81.92%

Increased43.59%

Contractor3.97%

Unemployed7.25%

FTE87.31%

No Change14.53%

Decreased41.88%

Yes18.08%

No81.92%

Increased43.59%

Employment Status - USA

Contractor3.97%

Unemployed7.25%

FTE87.31%

No Change14.53%

Decreased41.88%

Yes18.08%

No81.92%

Increased43.59%

Respondent Characteristics

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Change in Total FTE Compensation - USA