Filling data privacy roles is getting expensive. Here we look at the top-earning salaries among privacy leaders in 2021.
The mean global privacy professional salary in 2021 is $141,000, more than $6,000 higher than in 2019, according to findings from the International Association of Privacy Professionals (IAAP).
It’s been a challenging last 20 months for privacy professionals. Like many other workplace roles. Many jobs were lost due to COVID-19, according to report author and IAPP Senior Westin Research Fellow Müge Fazlioglu, CIPP/US, CIPP/E. Many needed to switch roles or occupations or repurpose their skill set, she added.
“But despite the upheaval, the job market in the field of privacy has remained strong,” Fazlioglu wrote in the report. “Although remote and at home, privacy professionals continue their work, few privacy jobs have been lost and many roles are even better paid today than they were just a year or two ago.”
We’ve investigated some of those privacy roles and the top-earning salaries among privacy leaders today.But first, some insight into what matters for privacy officers today. Of course, it’s a little more than just reading the details of GDPR or CCPA.
What’s Important for Privacy Leaders Today
The chief privacy officer (CPO) or professional leads and accelerates the organization’s drive to use data effectively and responsibly perpetuating the image of the organization as a trusted company, according to digital policy and privacy expert Kristina Podnar. The role requires expertise, she said, in privacy compliance, project management and digital technology.
“It also requires strong, collaborative relationships with other partners across the enterprise especially in IT, marketing, communications/PR, HR and even facilities,” Podnar added. “Things of any aspect of the organization that collects, manages or produces information about prospects, buyers, consumers, employees, vendors and partners — the CPO needs to work with all of them.”
Usually, the individual filling the CPO or a privacy expert role will develop and lead a privacy program across all business units. According to Podnar, some of responsibilities tend to include:
- Coordinating with senior management, the compliance office, regional data protection officers (if the organization has them), the chief information security officer, and the auditor’s office to maintain and improve controls, use audits to drive improvements, conduct training (with assistance of HR) and lead vendors with respect to data protection and privacy (procurement needs to be involved obviously).
- Leading a system for embedding privacy by design into the culture and ensuring adherence to policies for responsible use of data (this ties into compliance program and corporate audit, as well as reporting to the board).
- Chairing a working group that sets policies for responsible use of data and oversees an effective data governance system. This group is usually a subset of digital policy program.
- Working with legal or the digital policy steward to stay current in legal requirements, manage risk and implement changes to align with evolving requirements in all markets
Related Article: 4 Ways a Chief Privacy Officer Can Help Your Company
Chief Privacy Officer Makes How Much?
Now, let’s talk turkey. The highest paid privacy professionals continue to be the chief privacy officers, who earned a median salary of $200,000 in 2021, according to data from the IAPP. The IAPP's 2021 data featured insights from about half (49%) of respondents personally based in the U.S., 22% in the EU, 14% in the U.K., 8% in Canada and the remaining 7% in other countries.
Some other IAPP data on how much money privacy professionals make (median yearly salary) include:
- Lead privacy counsels: $175,000
- Directors of privacy: $160,000
- Privacy engineers: $148,000
- Privacy counsels: $135,000
- Privacy officers: $130,000
- Data privacy managers: $122,000
- Data protection officers: $107,000 (or $111,000 for those whose roles are mandated by the GDPR or another law)
- Privacy managers: $104,000
- Privacy analysts: $80,000
Compliance Crossover for Privacy: $157K for Senior VP
Not all analysts agree on the exact median salaries for privacy professionals. Glassdoor cites the average annual salary for a chief privacy officer to be $157,824. Some other compliance roles involving privacy duties that are similar include:
- Senior vice president of compliance: $157,782
- Executive compliance officer: $73,611
- Chief compliance officer: $121,196
Related Article: Should the Chief Privacy Officer and Chief Information Security Officer Roles Merge?
Certified Information Privacy Professional: $132K Per Year
Certifications count, too, of course.
According to Payscale, the average base salary for a privacy professional with the CIPP certification is $132,000 per year.
Some other related certifications and their average salary scales according to Payscale include:
- Certified Information Privacy Professional/Information Technology (CIPP/IT): $62,000 to $190,000
- ISACA Certified Information Security Manager (ISACA CISM): $89,000 to $185,000
- InfoSys Security Architecture Professional (ISSAP/CISSP): $87,000 to $193,000
According to ZipRecruiter,the Certified Information Systems Security Professional (CISSP) certification includes an average yearly salary between $73,000 and $194,000.
Those who hold at least one privacy certification earn almost $5,000 more per year than the average, according to the IAPP. Those with multiple CIPs earn about $15,000 more annually than the average.
Pay Raises and Job Satisfaction
Some other data shows privacy officers receive additional compensation on top of their annual base salary. On the other hand, some had to take a pay cut this year.
According to the IAPP:
- Approximately six in 10 privacy pros received a raise in 2021, although about 10% fewer received one than in 2019.
- About 75% of privacy pros received some form of additional compensation this year. The average amount of additional compensation this year was $21,420, which is $1,420 greater than two years ago.
- About 7% of privacy pros had to take a pay cut over the past year.
- A gender pay gap continues to exist, with a 9% difference in the salaries of male and female privacy pros globally, and a 14% difference between male and female privacy pros in the U.S.
- On a scale of 0 to 10, the average job satisfaction rating among privacy pros was 7.3. The biggest driver of satisfaction for privacy pros was how interesting their work is.
Ultimately, the salaries of privacy professionals will vary greatly as in any other profession based on a variety of factors. “There are numerous additional factors, however, that help to explain how much each individual privacy pro earns,” IAPP’s Fazlioglu said, “from the industry in which they work to the country in which they reside, as well as their years of experience, education and certifications.”
|Rank||Occupation||2021 Median Wages|
|Employment column two Annual|
|1||Obstetricians and Gynecologists||$208,000+|
|1||Ophthalmologists, Except Pediatric||$208,000+|
|1||Oral and Maxillofacial Surgeons||$208,000+|
An entry level chief privacy officer (1-3 years of experience) earns an average salary of ₱977,049. On the other end, a senior level chief privacy officer (8+ years of experience) earns an average salary of ₱1,758,689. Data powered by ERI's Salary Expert Database.
Senior Web Developer | $128,750
Web development. And with senior pros earning median salaries of $128,750 according to RHT, and projected job growth of 13% from 2020 to 2030, web development could be one of the tech careers with the highest lifetime earning potential.
Anesthesiologist. It's not uncommon for doctors to earn $100 an hour or more but one category you might not expect is anesthesiologist.
- Patrol Officer.
- Executive Assistant.
- Sales Representative.
- Flight Attendant.
- Wind Turbine Technician.
- Anesthesiologist: $208,000.
- Surgeon: $208,000.
- Obstetrician and Gynecologist: $208,000.
- Orthodontist: $208,000.
- Oral and Maxillofacial Surgeon: $208,000.
- Physician: $208,000.
- Psychiatrist: $208,000.
- Chief Information Security Officer - CISO. ...
- Security Architect. ...
- Cybersecurity Engineer. ...
- Malware Analyst. ...
- Penetration Tester. ...
- Computer Forensics Analyst. ...
- Application Security Engineer. ...
- Cloud Security Specialist.
The salaries of Data Privacy Analysts in the US range from $65,600 to $98,400 , with a median salary of $82,000 .
With the world rapidly moving towards technological advancement, data protection, privacy, and security professionals have seen a huge demand and are expected to grow even more in the coming years.
A privacy professional does not need to have a DPO title in order to perform privacy responsibilities. A privacy professional is someone who is responsible for, or manages, or supports the collection, use, access or processing of personal information.
1. Google: Google has consistently been ranked top due to its incredible pay and distinctive business procedures. One of India's top workplaces, according to the firm, is India. According to some reports, Google pays its employees a salary that is 40% more than that of other businesses.
- Finance. The finance industry consists of firms that provide financial services to retail or commercial customers. ...
- Marketing. ...
- Health Care. ...
- Energy. ...
- Information Technology. ...
- Engineering. ...
- Legal Industry. ...
- Real Estate.
- Architectural and Engineering Managers.
- Marketing Managers.
- Natural Sciences Managers.
- Petroleum Engineers.
- Financial Managers.
- Sales Managers.
- Software engineer. ...
- Chief executive officer. ...
- Network engineer. ...
- Chief financial officer. ...
- Project manager. National average salary: $590 per day. ...
- Mortgage loan originator. National average salary: $729 per day. ...
- OB-GYN. National average salary: $911 per day. ...
- Surgeon. National average salary: $1,433 per day.
- Full Stack Web Development.
- Cloud Computing.
- Digital Marketing.
- Business Analytics.
- Data Science.
- Artificial Intelligence.
- Industrial Engineer.
- Data Scientist.
- Information Systems (IS) Manager.
- Information Security Analyst.
- Financial Manager.
- Registered Nurse (RN)
- Physician Assistant (PA)
- Programming Skills.
- IT and Networking Skills.
- Ethical Hacking.
- Risk Assessment/Risk Management.
- Cloud Security.
- Internet of Things (IoT) Security:
- Blockchain Security.
- Network Security.
1. Certified Information Systems Security Professional (CISSP) The CISSP certification from the cybersecurity professional organization (ISC)² ranks among the most sought-after credentials in the industry.
- Information Security Analyst. ...
- System Administrator. ...
- IT Support Specialist. ...
- Crime Investigator. ...
- Cryptanalyst. ...
- Junior Penetration Testers. ...
- Source Code Auditor. ...
- Security Auditor.
- senior analyst - ₹27lakhs per year.
- lead consultant - ₹24lakhs per year.
- retail data analyst - ₹21lakhs per year.
- analyst - ₹20lakhs per year.
- big data analyst - ₹19lakhs per year.
How Does Privacy.com Make Money? Privacy . com makes its money from subscription fees from Pro- and Team-tier plans. They also earn from transaction fees they give merchants.
- Tableau. Tableau is one of the top data science companies offering a fortune to data analysts. ...
- Accenture. ...
- Fractal Analytics. ...
- Mu Sigma. ...
- iTechArt. ...
- HData Systems. ...
- TCS. ...
CIPP/E qualification demonstrates you have the comprehensive knowledge of data protection laws and industry-standard best practices, such as GDPR, to help you ensure compliance and data protection success.
Data ownership will move to a model where individuals will use a fully encrypted, unique digital identity that can be ported from place to place. The unique digital identity could be created using a system like blockchain, which is now most frequently associated with cryptocurrency transactions.
Typically, a bachelor's degree, the CIPM certification, and some experience in the field is enough to qualify for the job, but at larger organizations or government agencies, you may need a master's degree or additional certifications and experience.
- Information privacy.
- Communication privacy.
- Individual privacy.
Establishing privacy policies and procedures. Monitoring compliance controls. Overseeing privacy impact assessments.
Invest in a professional privacy certification
Higher education is a popular pathway. However, as previously discussed, you do not need a law degree to begin a career in privacy. Instead, one of the best ways to become or advance your career as a privacy professional is by attending a certified training course.
- Computer manager. Computer managers oversee a company's network and IT services, ensuring users can access required software and tools without interruption. ...
- Paralegal. ...
- Technical writer. ...
- Web developer. ...
- Financial manager. ...
- Medical assistant. ...
- Software developer. ...
- Market research analyst.
- Real estate agent.
- Freelance writer.
- Job Recruiter.
- Social media manager.
- Project or program manager.
- Lawyer. Average Salary: $141,890. ...
- Marketing Manager. Average Salary: $145,620. ...
- Podiatrist. Average Salary: $148,470. ...
- Petroleum Engineer. Average Salary: $154,780. ...
- IT Manager. Average Salary: $142,530. ...
- Airline Pilot & Co-Pilot. ...
- Nurse Anesthesiologist. ...
- Sales Agent - Remote. Gainshore Ltd. ...
- Event Manager. NHS Employers. ...
- Claims Specialist. Allianz UK3.9. ...
- Marketing Account Director. Zeal Creative. ...
- Trainee Recruitment Consultant. Compliance Professionals. ...
- Recruitment Consultant. Kayman Recruitment. ...
- Construction Foreman. Byoot. ...
- Air Conditioning Contracts Manager / Sales.
If you're looking for easy high paying jobs, don't discount house sitter. Your main responsibility is simply to be present, ensuring a home doesn't sit empty. Usually, there will be a few more duties, like watering plants, checking the mail, and maybe some light cleaning.
Some options include healthcare, certain fields of law, real estate development and finance. Each industry and career path is likely to have steps that lead to advancement opportunities that further increase earnings.
The easiest way to make $1 million a year or more is as a public company non-founding CEO or senior executive. The compensation is outrageously high for what they do. CEOs have huge teams who do most of the work for them. A CEO is really just an ambassador of the firm.
However, we can all agree that earning $1,000,000 a year or more makes you rich, especially since a top 1% income level starts at roughly $470,000 in 2021. No household earning $1,000,000 or more should ever struggle unless they leveraged up and their investments imploded.