Security News > 2023 > October > CISOs' salary growth slows – with pay gap widening

CISOs' salary growth slows – with pay gap widening
2023-10-11 14:36

That's according to the latest results of IANS' survey of 600 US-based CISOs, which also found that most people working in the role are either earning below $400,000 or above $700,000 a year.

One in five of all CISOs earn above $700,000 and half of these corporate rockstars are paid more than $1 million a year.

CISOs fell into the middle ranges at a less frequent rate - 14 percent earn $400,000-500,000, only 6 percent earn $500,000-600,000, and the other 8 percent earn $600,000-700,000.

Overall, CISO compensation grew 11 percent year-on-year, but the growth rate has slowed from last year's 14 percent.

The same proportion of CISOs that earn above $700,000 annually also didn't receive a pay rise at all this year - double the number whose earnings didn't increase last year.

"At a macro level, CISOs had a good year as significant compensation increases continued despite a challenging economic environment," said Nick Kakolowski, senior research director at IANS. "On closer inspection, we're seeing CISOs getting elevated in the business, taking on a larger scope and being exposed to increased liability. Commensurate compensation increases aren't extending into the middle and lower quartiles of the market. We expect CISOs to seek change as a result - something evidenced in 75 percent of respondents saying they are considering a job change in the next 12 months." .


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