The mean salary of a privacy professional has increased by approximately $6,000 (£4,260 or €4,950) in the past two years to $140,529 (£99,850 or €116,000), according to the latest data from the International Association of Privacy Professionals (IAPP), demonstrating the critical role privacy expertise has come to play in corporate strategy. Still, the increased value has come at a high cost. This is according to the IAPP’s latest Privacy professionals salary survey, which found that while the job market for privacy pros has proved relatively
Covid-proof with few furloughed or laid-off and the majority of privacy and compliance roles easily performed remotely, like their CISO peer’s privacy professionals have still been struck in terms of overwork, stress, and mental health, and where there have been job cuts, as is the case in the broader jobs market they have overwhelmingly affected women. Privacy pros, like other workers, have faced difficult choices regarding their careers and families due to the pandemic,” said IAPP senior Westin research fellow Müge Fazlioglu in the introduction to this year’s report.
“Businesses have also needed to grapple with a changed reality. Employee retention, satisfaction, and morale have become acute challenges for many employers. Organizations in various industries have used incentives, in addition to base salary, to retain top talent in a year marked by excessive burnout, the blurring – if not evaporation – of the work-life boundary, and the dreaded “Zoom fatigue”. But despite the upheaval, the job market in the field of privacy has remained strong. Although remote and at home, privacy professionals continue their work, few privacy jobs have been lost, and many roles are even better paid today than they were just a year or two ago,” said Fazlioglu.