If you are a privacy professional based in North America, we’ve got some good news about your annual salary. According to a recent webinar presented by the IAPP and TRU Staffing Partners, the new 2023 IAPP & TRU Privacy Professionals Salary Survey shows your annual earnings exceed those outside the U.S. and Canada. The webinar hosted by TRU’s Founder and CEO Jared Coseglia and IAPP Principal Researcher in Privacy Management, Saz Kanthasamy, CIPP/E, CIPM, FIP, and IAPP Research & Insights Director, Joe Jones, delivered many fascinating details about the more than 1,400 survey respondents who work in the privacy industry across 60 countries — and their financial compensation.
However, knowing that data privacy is a global concern, and the worldwide privacy industry continues to hire and grow, it was interesting to find that, according to survey results, U.S. privacy pros make 55% more on average in their base salaries compared to their European counterparts.
The chart above shows that the greatest variation in base salary was seen among privacy engineers, with those in North America earning 103% more than their European counterparts. The second largest difference was seen among privacy analysts, with North Americans earning 91% more than their European counterparts.
The survey also looked at motivations to move roles by respondents’ global location. Those pros based in Africa and North America were more motivated by pay raises to find a new role, with 88% and 74% of respondents from these regions, respectively, selecting this factor in their top three. Of respondents based in Europe, 20% would move to a new role to work for a more privacy-conscious employer. Respondents in South America overwhelmingly preferred international opportunities to work as their top motivator to switch to new roles. This was the only region to do so, as pay raises were the top factor in all other markets.
And in looking at time off by region, 78% of Europeans have at least five weeks’ vacation allowance. Unlimited vacation allowances were also popular among privacy pros, particularly in North America, where this was available to 23% of respondents. When compared to the 56% of those in North America with less than four weeks of vacation time, this shows a divide between vacation allowances available in this market.
The webinar review of the 2023 IAPP Privacy Professionals Salary Survey covered all the key takeaways, but there is so much more to learn. Get your copy of the survey today.