2013 Internal Audit Compensation Study, The - Download PDF

  • Item No. : 1049.dl
  • ISBN : 9780894136290
  • Publisher : The Institute of Internal Auditors
  • Publish Date : 2013
  • Language : English
  • Media : Download
  • Member Price : $298.00
  • Non-Member Price : $398.00

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The 2013 Internal Audit Compensation Study report summarizes pay practice information for 352 organizations in the United States and 35 organizations in Canada, representing nearly a 25 percent increase in respondents from the 2012 Compensation Study. Of these, 228 U.S. organizations and 27 Canadian organizations provide salary data for 1,770 internal audit professionals. Salary and pay practice data were collected directly from employers rather than individual internal auditors. Therefore, the results provide current pay practices for the organizations as a whole and for the internal audit profession. The goal of this report is to present relevant information in a clear and concise format to assist internal auditors and employers in assessing current pay practices and to plan for the future.

This report, based off the results from 2013 Compensation Study questionnaire, identifies three compensation, recruitment, and retention trends impacting internal auditors in the United States and Canada:
 
  • The upward trend of base salary increases seen in previous years appears to be leveling off.
  • Compared to previous years, organizations are using a narrower repertoire of recruitment and retention strategies.
  • More responsibility, technical aptitude, and education generally correlate with a higher salary for auditors.
The report is arranged in multiple sections:
 
  • Demographic information about the employers responding to the survey.
  • Salary trends and current retention strategies.
  • Factors impacting salary trends.
  • Salary results for internal auditor positions (refer to Appendices A and B).