“However I believe if we’re a bell curve, one thing north of $700,000 is basically the place the market must be, particularly for Fortune 500 organizations. They have to be properly within the $700,000-plus vary, together with base pay, bonus potential, and fairness for long run incentives,” Henninger explains.
Even within the case of distant roles, CSO pay usually tracks to the corporate’s headquarter location, Breckenridge explains. For instance, Bay Space companies might pay a premium to Texas-based hires, however not the opposite means round. Midmarket corporations, significantly these in progress or merger and acquisition mode, have change into more and more enticing to candidates who need significant scope, fairness upside, and fewer forms.
With excessive pay comes excessive expectations
Gives of prime pay and authority to CSO candidates clearly include excessive expectations. Organizations are in search of CSOs with a powerful mix of technical experience, enterprise acumen, and interpersonal power, Fuller says. Key abilities embrace cloud safety, identification and entry administration (IAM), AI governance, and incident response planning.