Business continuity salaries on the rise in the U.S.
New survey shows that business continuity executives in the U.S. are making more money each year, and certification may have something to do with it.
BC Management is an executive search firm specializing in the placement of professionals in business continuity, disaster recovery, and emergency management positions. Their just released fifth annual survey of compensation of U.S. business continuity professionals shows that salaries and compensations for careers in the industry are on the rise. Data was collected from more 1,200 business continuity professionals concerning wages and salaries between 2004 and 2005 and the results show that there has been an increase in their pay. The average pay increase was around 5 percent for full time business continuity executives. Individual consultants had an average increase of 12 percent according to survey results.
The results indicate that 13 percent of the professionals surveyed believe that the increase was due to their certification, of which 72 percent received a CBCP (Certified Business Continuity Professional) certification. Of all the respondents, 68 percent have received certification while 32 percent have not. According to the survey, the average non-certified business continuity professional earns $91,296 while those who are certified make an average of $94,470. The average bonus per executive in 2005 was $13,963, up from $12,593 in 2004.
