Calculating Your Worth During a Security Job Search
Calculating your worth during a job search should be an informed exercise done before interviews start. While a good understanding of the value of your background and experience is critical, it is also important to have some knowledge of the compensation structure of any companies you would like to work for. This information is not always easy to get.
Our recruitment team serves as an intermediary between our clients and candidates in this regard. It helps both parties to correctly level their expectations. However, candidates conducting their own job search can find it difficult to calculate both their organizational value and salary expectations.
You can start with vetted industry job descriptions published by organizations such as the Foushée Group. They examine various position levels in security-relevant sectors and will help you determine where your responsibilities and skills set place you.
You can pair this information with regional security salary studies that can give you an idea of where you are and where you want to be compensation-wise. Some are more accurate than others, but they can be useful and help you understand intermediate steps in your comp. Asking friends how much they think you should be earning usually yields unreliable data.
Many security professionals transition from the public sector into private industry. Those who can translate prior skills sets into relatable terms for a corporation generally see a positive compensation result. Others who simply rely on the initials of their former agency to guarantee high salaries are usually disappointed.
Public sector candidates can view the concept of salary bands in corporations as not dissimilar to government job grades. They apply across the organization and jobs are sorted into different levels within each department. Companies are particular about the salary point at which they will hire someone and are concerned about parity across the organization for similarly graded roles.
Interested in learning more about where your background and skill sets place you on the salary scale? Contact us! And while you are here sign up for SMR’s job announcements to have the latest security jobs delivered to your in box. If you haven’t already, join our security talent community so we can reach out to you directly.