Risk salaries and bonuses pdf

I N D U S TRY INSIGH TS

S A LA RY & B O NU S B ENC H MAR KS : R I S K MAN AG EMEN T - G ER MA NY

INTRODUCTION The Carlton Senior Appointments research team has recently completed a Salary and Bonus Survey (conducted in Q2 2013) to cover Risk Management across key European finance hubs and the USA.The past 12 months have been characterised with banking scandals, intense media scrutiny and increasing public outcry with regards to banking compensation, amidst a slowly recovering European market. With this in mind it is perhaps surprising (and encouraging) to see increases in both base and bonus compensation over the last 12 months, with banks choosing to ignore public pressure and instead base compensation decisions solely on their own financial performance.

RISK MANAGEMENT COUNTRY COMPARISON 2012 SALARY (€) All Switzerland UK Germany USA

2012 BONUS (€)

89,200 112,300 85,400 78,400 112,800

2013 SALARY (€)

25,300 12,000 29,500 12,500 46,300

90,200 96,900 90,700 83,500 122,900

2013 BONUS (€) 35,500 12,600 23,600 9,600 24,900

140,000.00 120,000.00

Euros

100,000.00 80,000.00

2012 Salary

60,000.00

2012 Bonus 2013 Salary

40,000.00

2013 Bonus

20,000.00 0.00 All

Switzerland

UK Country

Germany

USA

RISK MANAGEMENT GLOBAL SALARY BENCHMARKS 2012 SALARY (€) Analyst Associate Vice President Director

59,000 73,700 92,100 113,600

2012 BONUS (€)

2013 SALARY (€)

4,000 7,400 17,000 28,200

2013 BONUS (€)

63,200 77,000 98,600 129,100

6,200 10,200 18,500 19,900

140,000.00 120,000.00

Euros

100,000.00 80,000.00

2012 Salary

60,000.00

2012 Bonus

40,000.00

2013 Salary 2013 Bonus

20,000.00 0.00 Analyst

Associate Vice President Level of Seniority

Director

RISK MANAGEMENT SALARY BENCHMARKS FOR GERMANY 2012 SALARY (€) Analyst Associate Vice President Director

64,800 76,800 86,300 98,400

2012 BONUS (€)

2013 SALARY (€)

4,300 4,800 6,100 20,000

66,100 77,800 88,700 105,400

2013 BONUS (€) 2,700 5,000 6,100 20,900

120,000.00 100,000.00

Euros

80,000.00 2012 Salary

60,000.00

2012 Bonus

40,000.00

2013 Salary

20,000.00

2013 Bonus

0.00 Analyst

Associate Vice President Level of Seniority

Director

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