The 2017 Internal Audit Compensation Study
Assessing Current Pay Practices to Aid You in Planning for the Future
The Results are in!
The IIA's Internal Audit Compensation Study is the most comprehensive analysis available on the compensation of internal audit professionals. Referenced by internal audit leaders and practitioners, human resources departments, and audit committees, the study provides internal audit salary and pay practices of hundreds of organizations across industries in the United States and Canada.
About the 2017 Study
This year breaks a seven-year trend of year-over-year increases in U.S. organizations that awarded salary raises to at least some portion of their workforce. In 2016, organizations pulled back on salary increases to levels not seen since 2011–2012.
Other key findings include:
- 73% of U.S. organizations awarded salary increases to 90% of their audit staff, and 68% of Canadian organizations awarded salary increases to 90% of their audit staff, both at an average of a 3.5% of base salary.
- The average increase planned among U.S. respondents is 2.4 percent for non-audit employees and 2.6 percent for audit employees, while the average increase planned among Canadian respondents is 2.7 percent for non-audit employees and 2.6 for audit employees.
- Among Canadian respondents, auditors performing fraud/forensic audits were found to have the highest median salary, while in the U.S., auditors specializing in IT were the top earners.
- Salaries of U.S. auditors specializing in environmental, health, and safety grew substantially since 2015, and consistent with previous years, those with one or more certifications were found to earn substantially higher salaries than those who were not certified.
Purchase The 2017 Internal Audit Compensation Study through the IIA Bookstore. For those who participated in both parts of the study, the results will be available for purchase at 50% off the retail price.
If you are a member of the Audit Executive Center and participated in the survey, the report is complimentary as a benefit of your membership. Learn more about the Center.
If you have further questions regarding the 2017 Internal Audit Compensation Study, please contact email@example.com.