Risk Compensation Survey

Employment Intelligence:

80% of risk professionals exepct a pay rise

“It remains to be seen whether compensation packages will be as generous as risk professionals predict.” Christian Atkinson, Associate Director, Risk Recruitment

Risk professionals are amongst those expecting the highest pay rises and bonuses this year according to our latest compensation survey.  80% of risk professionals think they are on track to get a pay rise and 90% think they are about to get a bonus.

This compares to 69% of operations professionals anticipating a pay rise and 78% of all finance professionals.  With a shortage of risk professionals in key areas most are confident about moving jobs - three quarters are considering their career options and more than a quarter are actively looking for a new job at the moment. For further advice on setting bonus and compensation levels, call Christian Atkinson on + 44(0) 20 7509 8783.

Risk Survey Results At a Glance

• 80% are expecting a pay rise this year
• 57% expect this pay rise to be between 1-6% of their salary
• 93% expect a  bonus this year
• 83% expect their bonus to be 11% of their salary or more
• 77% are considering a career move post bonus
• 58% cite career development as their main reason for thinking about moving on
  
  

About the survey
Our Financial Services Recruitment Intelligence Survey 2011, conducted in September 2011, asked exactly 1600 respondents working in the operations, finance, risk and compliance functions of banks and financial services firms about pay and bonus expectations ahead of year-end. The respondents included 260 risk professionals.