IR professionals see salaries drop in 2017
Salaries for IR professionals – both at the head of IR level and IRO level – fell in 2017, according to research from IR Magazine.
The IR Magazine Global IR Salary & Careers Report 2018 shows that last year, 41 percent of IR professionals took home a salary above their respective median salary ranges, representing a 5 percentage-point drop on 2016. Median salary ranges for heads of IR and IROs remain unchanged, however: IR heads have a median salary range of $150,000-$199,000 and IROs $75,000-$99,000.
North American IR professionals continue to enjoy the highest salaries in IR, with both IR heads and IROs having median salaries one pay bracket above the global median ranges. In fact, more than one quarter of North American IR heads earned in excess of $250,000 in 2017. Just one in a hundred earned less than $100,000.
Although Asian IR professionals continue to have the lowest salaries, pay for both European heads of IR and IROs has dropped.
In Europe, median salaries are down on 2016 levels, and are now below the 2017 global median. ‘The [European] fall in wages for IR heads is caused by a 5 percentage-point shift from the $150,000-$199,000 pay bracket in 2016 to $100,000-$149,000 in 2017,’ write the study authors.