Your job title and years of experience are key indicators when it comes to identifying where your compensation will fall as a business continuity and resiliency professional. But your type of degree can also factor into your overall compensation package as well.
The annual BCM Compensation Study analyzes several factors that influence compensation, including discipline experience, total work experience, industry experience, certifications, and leadership, and not surprisingly, type of degree.
During last year’s study, nearly half of participants indicated they possess a bachelor’s degree (48.3%), whereas the smallest group of participants revealed they obtained a Doctorate or PhD. (1.7%). The study dives deeper into degree levels by identifying how many participants possess a continuity degree. Although few professionals have obtained a degree specific to a business continuity-related discipline, the data highlights an increase in this trend over the years. The number has nearly doubled since 2012.
The Compensation Study can be used by employers to gauge where an organization’s compensation packages stack up in the industry. Job seekers can also utilize the study to compare job and compensation offers.
Read the full story via Firestorm and participate in the 16th annual Compensation Study.