Benefits June 3, 2003

Study: Corporate Security Chiefs Total Comp Heading Up

June 3, 2003 (PLANSPONSOR.com) - Top-level US corporate security executives pull down more than $225,000 on average annually in total cash compensation, according to a study.
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That 2003 figure for chief security officers in charge of security for global companies in the US, is up 11% from the year before, according to the 2003 Security Compensation Survey Report from the Atlanta-based Fourshee Group, a compensation consulting firm.

“Our second annual survey has confirmed the importance of the Chief Security Officer (CSO) position at major companies throughout the US, especially in light of the increased security concerns that have resulted from international terrorism and the frequency of terror alerts,” Stephen Walker, a Fourshee Group General Partner, said in statement.

The study covers 60 high level domestic and international management, professional and technical security positions. Almost 70% of the participating organizations had sales revenue of over $3 billion in 2002.

Survey information on approximately 6,700 security personnel provided data for each of the 60 positions by weighted average and the 10th, 25th, 50th, 75th and 90th percentile of market rates. Salary and bonus data by industry categories, financial dimension levels and geographical regions were also reported.

For further information, go to www.fousheesurvey.com or call 770-492-0950.

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