The IIA’s Annual Compensation Study
2014 Executive Summary and Report is Now Available
Most Internal Auditors Earn Raises in 2014
Nine in 10 U.S.-based internal auditors received pay raises in 2014, according to The IIA’s Annual Compensation Study. It marked the fifth consecutive year in which the percentage seeing salary increases grew. Only 66 percent of companies awarded raises to their entire audit staff, according to the survey of more than 460 U.S. organizations.
This year’s report also indicates:
- Fewer internal audit functions are performing financial audits.
- Specialized audit skills correlate with higher median salaries.
- Experience, education, and certification continue to correlate with higher pay.
IIA members can download the executive summary for free, and the comprehensive report which includes results for Canada is available for purchase through The IIA Research Foundation Bookstore.
For those who participated in both parts of the study, the comprehensive report is available for US$149 (up to 62% off the nonparticipant rate). 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.
About the Study
The IIA’s Compensation Study is the most comprehensive compensation analysis available on the internal audit profession providing the benchmarking data organizations need to assess current pay practices, plan for the future, and build and maintain a team capable of meeting stakeholder demands.
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.
If you have further questions regarding the 2014 Compensation Study, please contact email@example.com.
Since 2008, The IIA’s Compensation Study has been performed in partnership with a leading human resources and total rewards system consulting firm, Harrington & Associates, assuring the validity and credibility of the study.