Friday, January 25, 2019

Cyber Salary Survey 2019 USA Report

According to Beecher Madden, cybersecurity salaries have dramatically increased and talent gap continues to grow. Some key results:
  • All salary levels increased particularly the architect role
  • Retention is a problem with more than half look and find jobs that pay 10% more compared to 6% for those who stay with current employer
  • "those responding feel very positive about the outlook for cybersecurity jobs in 2019"
  • Salary ranges for Analyst with 2-5 years experience is $90K-$130K, Architect $120K-$210K, Manager $105K-$210K, Director with 8-12 years experience is $150K-$280K and CISO $180K-$1Million
  • San Francisco and New York offer lightly higher rates than Washington based on the study
  • Bonus payout ranged from 0-5% receiving 35%, 16-20% receiving 15% and 31-40% receiving 5%
  • Other benefits include guaranteed bonus, flexi-working, over 25 PTO days
  • 86% of those surveyed expect to move roles -- with 26% able to find new roles in 2 weeks and 11% within 3-6 months
  • Typical salary increase resulted in 16%-20% while 6% that stay get 10% increase with current roles
  • 59% of candidates would use a specialist recruitment company, followed by industry specific job board 50% and own network 45%, otherwise internal promotion 32%, generic job board 31% and company website 29%
Retention results from: allowing project work outside the day job, ensuring cybersecurity is taken seriously by the business, strong leadership, demonstrate a route for career progression, and ironically also waiting for employees to become fatigued with moving.

www.beechermadden.com