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Risk Management – Compensation and Market Trends Report 2016

Our 2016 Mid-Year Report combines a review of the prevailing conditions in the risk management recruitment market with the results of a comprehensive compensation survey of risk managers registered with Barclay Simpson. The survey was undertaken in June 2016 prior to the EU referendum. The results of the survey together with our own experience allows us to report that although the demand for risk managers was softening during the first half of 2016, it has responded more positively to the outcome of the vote than we may have anticipated.

  • Both the number of risk management vacancies generated and the speed with which these roles were being filled fell back in the first half of 2016.
  • Whilst average figure can reflect a wide range of individual experiences, the average salary increase for a risk manager changing job is currently 17%, down from 19% last year. The average increase for those staying with their existing employer is 8% up from 7% last year.
  • 24% of risk managers surveyed had changed employer in the last 12 months. This cannot be considered representative of all risk managers, but is down from the 28% figure reported a year ago.

Click here or click the graphic to download the full report.

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