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Interim Market Report 2011 - Information Security Salaries

Salary increases achieved by information security practitioners changing employers rose to 13% in the first six months of 2011. We have already explained that this is high by historic standards and is higher than the 10% we predicted at the start of 2011. It is the result of few candidates now accepting roles from a position of redundancy. Further, some candidates have needed to be compensated with higher base salaries when changing sectors and losing other benefits.

Salary increases, as in other areas of corporate governance, remain highest in banking and financial services, followed by other areas of commerce, and then by the system integrators and consultancies. There are also still instances of overinflated offers. These offers are made where companies wish to secure the services of candidates with niche and hard to find skills. Business continuity salaries have broadly followed the same pattern as the wider information security market.

Whilst double digit salary increases have been achieved by changing employer, like employees in much of the rest of the economy, annual salary increases achieved by the majority of information security practitioners remaining with their existing employers have simply matched inflation at best. In an economy where real earnings are falling this is hardly surprising. It does, however, further explain the relatively high number of candidates that are entering the recruitment market. Whilst the current dynamics of the recruitment market are underpinning salaries there is little danger of a demand led inflationary spiral. The economy and confidence within it is just not strong enough. However, if cyber security scares remain in the media spotlight and information security continues to grow, when the economy eventually strengthens, information security is likely to be an even more profitable discipline to work in.

 

London

Rest of UK

Enterprise Business Development Consultant
A Business Development Consultant responsible for 100% new business lead generation and sales in a security consultancy.

£110,000 – 140,000 OTE

£90,000 – 110,000 OTE

Territory Account Manager
A Senior Account Manager specialising in cloud or security services within the cloud. Responsible for 7-10 SMB accounts.

£120,000 – £160,000 OTE

£110,000 – £150,000 OTE

Senior Sales Engineer
Senior Sales Engineer within a large consultancy or security vendor. Technology focus on network security.

£80,000 – £90,000 OTE

£70,000 – £80,000 OTE

Information Security Manager
Information security background in a small financial services company. No permanent reports. Will utilise consulting firms and contractors on an ad-hoc basis.
£74,000 – £81,000
£63,000 – £69,000
Head of Information Security
Managing a team of 20 security professionals in a financial services company, assisted by 2 more junior managers.
£118,000 – £132,000
£90,000 – £98,000
Head of Business Continuity
Major financial services group, a large team to manage/supervise. Established career history within BCM required.
£110,000 – £118,000
£90,000 – £98,000
Network Security Team Leader
Working in a FTSE 100 group leading a team of 6-8 network security specialists, reporting directly to the head of information security.

£82,000 – £90,000

£69,000 – £75,000

Senior Business Continuity Consultant
Working for a large consultancy firm, delivering and managing consulting engagements and in some cases managing junior staff. Some sales and business development responsibility.
£63,000 – £69,000
£56,000 – £62,000
Information Security Consultant
Generic information and IT security consulting and project delivery in a large retail financial services group.
£55,000 – £60,000
£48,000 – £55,000
Business Continuity Analyst
An entry level role within an established business continuity team for a large financial services firm. Good grounding in BC and good communication skills.
£37,000 – £44,000
£34,000 – £41,000
Head of Business Continuity
Medium financial services group. A small team to manage/supervise. Established career history within BCM required.
£90,000 – £95,000
£84,000 – £89,000
Senior Data Protection Analyst
Team member in a small DP department for a large mobile telecommunications group. Proven experience in a similar role and ISEB qualified.
£42,000 – £46,000
£36,000 – £42,000
Identity & Access Management Consultant
Solid skills in identity and access management design and architecture. Background of working in consultancy, with good client-facing skills and bid work experience.

£62,000 – £69,000

£56,000 – £64,000

CLAS Consultant
Senior level in a security practice of a large consultancy or SI. Skills in security architecture, security policy formulation and review, and risk assessment. Also undertakes business development activities.

£65,000 – £74,000

£60,000 – £67,000

Senior Security Consultant
Working for an SI, undertaking security consultancy and delivering on security projects for a large-scale client. Senior person also involved in bid / proposal work and mentoring team members.

£66,000 – £75,000

£59,000 – £68,000

CHECK Team Leader
Working in a penetration testing practice within a consultancy. Responsibility for some client management and mentoring less experienced penetration testers.

£68,000 – £78,000

£66,000 – £72,000



CONTRACT INFORMATION SECURITY POSITIONS


 

London

Rest of UK

Information Security Consultant
Providing information security advice across the business, ranging from policy review and development, to information risk reviews. Holds CISSP or CISM.

£500 – £600 per day

£400 – £500 per day

Technology Risk Consultant
Good technical understanding with the ability to identify, assess, manage and report risk. Working with different projects within the organisation on varying technologies.

£500 – £650 per day

£400 – 500 per day

CLAS Consultant
At a senior level, responsible for security policy development and Risk Management Accreditation Document Sets (RMADS) within government programmes.

£500 – £600 per day

£400 – £500 per day

Data Privacy Analyst
Experience of DPA 98 and EU Privacy Directive 95/46/EC, to provide specialist privacy knowledge and support.

£400 – £500 per day

£350 – £450 per day

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