Industry Partners Announce Comprehensive Security Industry Compensation Study

Industry Partners Announce Comprehensive Security Industry Compensation Study
ESAweb — May 17, 2022
Presented by the Foundation for Advancing Security Talent and bringing together top organizations, the 2022 study will provide the security industry with the data it needs to effectively recruit and hire talent.

SILVER SPRING, Maryland – Recognizing the industry’s need for current and comprehensive compensation data, particularly for security integrators, leading organizations have partnered to launch the 2022 Security Industry Compensation Study Presented by the Foundation for Advancing Security Talent (FAST). In addition to FAST, which is providing funding support, this research initiative brings together support from the Electronic Security Association (ESA), PSA Security Network (PSA), the Security Industry Association (SIA) and Security Sales & Integration (SSI) and will be the security industry’s largest widely partnered study on salary and compensation.

This study’s mission is to provide the security industry with the compensation data it needs to effectively recruit and hire talent. The final report will offer essential salary and benefits data for relevant job titles within security systems integrators and dealers, as well as security product development and manufacturing companies.

“It’s easy to think we know what good, competitive compensation is in our industry. The challenge is people’s needs and requirements change faster than any of us anticipate,” said Paul Hevesy, chair of the FAST Board of Directors and vice president of organizational effectiveness at Stanley Black & Decker Inc. “It’s one reason why industry-focused compensations studies are so critical. We need to stay current in today’s competitive job market to recruit and retain top talent.”

The research will involve a survey of professionals across the security industry, which will be conducted in spring/summer 2022, with the data expected to be released in late 2022. Topline results will be available to the public upon the study’s release, with more in-depth analysis reserved for companies who participate in the study, making it important for industry firms to participate by providing compensation data.

FAST is eager to launch a security industry compensation study, but we would be amiss if we tried to complete it on our own. FAST is fortunate to have partnerships with SIA, SSI, ESA and PSA, who have identified a similar need and importance of such a study,” said Kerri Sutherland, vice chair of the FAST Board of Directors and human resources business partner at Axis Communications. “With our partners, FAST will ensure we have accurate, impartial and valid data, so organizations across the industry can ensure they not only are paying properly, but also have details to create or update a successful compensation strategy.”

If you would like to participate in the 2022 Security Industry Compensation Study, please visit the FAST site and indicate your interest here.

FAST is a 501(c)(3) nonprofit organization promoting careers in the physical security technology and life safety industry. FAST offers job seekers information about the security industry’s growth and unique position at the convergence of cutting-edge technology and a mission that matters, the types of roles available in the industry, what employers are looking for, leading certifications in physical security and cybersecurity and a jobs board featuring immediate opportunities in security technology and life safety.

FAST’s key efforts include outreach to schools, colleges and universities to increase awareness of the exciting and rewarding careers available in security; research on the industry’s workforce development needs and possible solutions; and continuing education resources to help those already in the industry stay current with rapidly emerging and evolving technologies.

FAST’s school and outreach programs, research and resources are funded by individual and organizational donations. Learn more and donate to FAST here. Learn more about getting involved with FAST activities on the Partner With FAST page.

 


About FAST
FAST is a 501(c)(3) organization created by ESA and SIA to promote careers in the physical security technology industry. FAST is dedicated to connecting passionate, innovative professionals with new opportunities in the electronic security and life safety industry. Through a partnership of the industry’s leading associations, ESA and SIA, FAST brings awareness to the career advancement opportunities within the fast-paced technology industry that serves to keep people, places and property safe.

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