How Much Do Enterprise Risk Managers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary enterprise risk managers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for enterprise risk managers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of enterprise risk managers are offering as compensation.
Keep reading to learn more about how much enterprise risk managers can expect to make in the United States.
At a Glance: Salary & Jobs for Enterprise Risk Managers
According to data from 2022, there were about 60,325 positions for enterprise risk managers in the United States. In terms of salary, the national median salary for enterprise risk managers was reported to be $102,128. Additionally, when examining job demand, employers across the country posted 24,548 job postings related to positions for enterprise risk managers.
How Much Money Do Enterprise Risk Managers Make?
Median salary is just one data point. To build a better understanding of how much money enterprise risk managers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for enterprise risk managers.
Annual Salary for Enterprise Risk Managers
According to the BLS, the lowest earners for enterprise risk managers and related professions earned about $59,509 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $175,718 annually.
As mentioned previously, the median salary for enterprise risk managers in the United States in 2022 was $102,128.
Annual Salary Range For Enterprise Risk Managers In 2022
Hourly Salary for Enterprise Risk Managers
The BLS also breaks down compensation for enterprise risk managers by hourly salary, and the median average hourly pay for enterprise risk managers in 2022 was $49. Lowest hourly earners took home $29 while the highest reported hourly salaries for enterprise risk managers was $84.
Hourly Salary Range For Enterprise Risk Managers In 2022
Advertised Compensation for Enterprise Risk Managers
Data from the BLS is one way to dig into compensation for enterprise risk managers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for enterprise risk managers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Enterprise Risk Managers
Advertised Annual Salary
During a review of 52,369 job postings related to enterprise risk managers, advertised salary was included in 10,546 of them, which was 20%. Based on those postings, the median advertised salary for enterprise risk managers was $115,584 per year.
Hourly Salary from Job Postings for Enterprise Risk Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for enterprise risk managers. Based on 43% of postings with advertised compensation, the median hourly salary for open positions for enterprise risk managers in the United States is about $56.
Salary Trend for Enterprise Risk Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for enterprise risk managers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for enterprise risk managers dating back to September 2019, advertised salaries for enterprise risk managers have increased 7%.
Advertised Wage Trend For Enterprise Risk Managers
What's the Job Growth for Enterprise Risk Managers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for enterprise risk managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 60,315 jobs for enterprise risk managers in the United States in 2022. By 2032, it is expected that about 8,233 jobs will be added. That's a 13.7% increase over the next 10-year period.
Employment Projections For Enterprise Risk Managers
Additional Links
Ready to dig deeper into career information about enterprise risk managers? Visit our other pages focused on salary and education for enterprise risk managers.
What do enterprise risk managers do?
Enterprise Risk Managers: How do you become one?
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