From the April print issue of Professional Security magazine. The security professional is enjoying a significant increase in salary and performance benefits, suggests Peter French of recruitment consultancy SSR.
The security, fire, health and safety sector recruiter has brought out its latest salary survey.
The business manager who has delivered improving risk reduction outside of the nuts, bolts and screw driver of the function will have also seen an increase in responsibility and satisfaction, the consultants report. The terrorist attacks in Europe underlined to corporates the necessity of security any crisis. New hires to an existing CSO (chief security officer) position will negotiate or arrange on average a nine per cent increase on the current organisational salary grade. For those negotiating for an organisation’s newly created CSO position, the average salary will be £115,000 a year. Positioning the security function as a business enabler, delivers for any practitioner great advantages in influence, salary and board room support. The buzz word in business today is security; it has to be sponsored from the very top, but then delivered in a way that the business can understand and value. Security is becoming a true partner across whole areas of global business.
In financial services
Within the regulatory functions of compliance, AML (Anti-money laundering), Sarbanes-Oxley and safety, there have been significant remuneration increases. For instance, in the financial services sector a lack of suitably skilled applicants is driving up the nett salary range by up to 25 per cent against 2005, for those mid-management and investigator positions. Successful managers of security have strategically positioned themselves to deliver a competency framework and return on investment (ROI) reporting that defines a security return in such areas as brand reputation, fraud defence, people protection and have to hand an impromptu solution across a range of business problems. p
Benefits: for main hq site security manager: pension and health plan, and standard benefits package. Senior investigator (more than one country reporting): travel allowance, pension and health plan, flxible benefits package. National security head: pension and health plan, car or allowance up to £7k, other benefits. European security head: pension and health plan, car or allowance up to £9k, share purchase scheme. EMEA security head: share options, pension and health plan, car or allowance up to £10k. Chief security officer: executive bonus, share options, health care, car or allowance £12k, executive share purchase.
