Those in higher level positions have a greater percentage of their total cash compensation at risk.
By Staff Writer|November 03, 2008 at 07:00 PM
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Chief risk officers and vice presidents of risk management are the highest-paid risk professionals, earning an average base salary of $170,000 and average total compensation of $220,200, according to a recent survey by the Risk and Insurance Management Society Inc. (RIMS). That’s 30% higher than the average base salary in this category and 44% higher than the average total compensation package earned at the next highest-paid position, director of financial/ IT risk management. Risk management analysis (enterprisewide) on average take home $67,100 in base salary and $71,400 with bonuses.
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