FAST Launches 2023 Compensation & Benefits Benchmarking Study

The Foundation for Advancing Security Talent (FAST) is today launching the 2023 Security Industry Compensation & Benefits Benchmarking Study.

This survey “will provide invaluable insights into salaries and benefits across the security industry, empowering decision-makers to recruit, hire, and retain top talent effectively,” according to the foundation announcement.

“The security industry plays a pivotal role in safeguarding our communities and businesses, and understanding compensation and benefits trends is crucial for its continued growth and excellence,” the FAST announcement says.

“FAST, in collaboration with prominent industry partners such as the Security Industry Association (SIA), Electronic Security Association (ESA), PSA Security Network and Security Sales and Integration, is committed to providing the most comprehensive and accurate data possible.

Inside the Survey

Key highlights of the 2023 Compensation & Benefits Benchmarking Study include:

• Industry-Wide Focus: This study encompasses both security manufacturers and integrators, offering a holistic view of the industry’s compensation landscape.
• Standardized Data: Standardized job titles and descriptions enable direct comparisons of compensation data, allowing businesses to make informed decisions.
• Advance Access: Participating organizations will gain access to a sneak preview of the survey results before the full publication, giving them a competitive edge.
• Complete Confidentiality: Individual responses will remain confidential, with only aggregated data being published to protect participants’ privacy.

FAST invites all industry stakeholders to actively participate in this essential initiative. By contributing your insights and expertise, you can:

• Assess compensation structures within your organization
• Attract and retain top talent by aligning with industry compensation benchmarks
• Make informed, data-driven strategic decisions

Complete the survey by Friday, Oct. 6 using the instructions provided by FAST’s survey partner, Vault Consulting. The survey may take one to three hours to complete.

“Widespread participation ensures the quality and reliability of the data, so your contribution is vital,” the FAST announcement says.