Industry Partners Announce Comprehensive Security Industry Compensation Study
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, Md. – 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 compensation 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 for 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 complete the brief signup form on the FAST homepage.
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.
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.
Established in 1948, ESA is the largest trade association in the United States representing the electronic security and life safety industry. Member companies install, integrate and monitor intrusion and fire detection, video surveillance and electronic access control systems for commercial, residential, industrial and governmental clients. ESA provides technical and management training, government advocacy and delivers information, advice, tools and services that members use to grow their businesses and prosper. Together, ESA member companies employ more than 500,000 industry professionals and serve more than 34 million residential and commercial clients.
PSA is the world’s largest systems integrator consortium made up of the most progressive security and audio-visual systems integrators in North America. Combined, PSA members boasts over 500 branch locations, employ over 13,500 industry professionals and are responsible for over $4.5 billion annually in security, fire, life safety and pro audio-visual installations. PSA’s mission is to elevate the industries we serve by providing owners and members exceptional education, networking, services and connections with technology partners. PSA brings this mission to life by partnering with industry-leading product and solution providers, delivering unparalleled education and training programs and by offering a variety of distinctive services that can enhance any company’s operations.
SIA is the leading trade association for global security solution providers, with over 1,200 innovative member companies representing thousands of security leaders and experts who shape the future of the security industry. SIA protects and advances its members’ interests by advocating pro-industry policies and legislation at the federal and state levels, creating open industry standards that enable integration, advancing industry professionalism through education and training, opening global market opportunities and collaborating with other like-minded organizations. As the premier sponsor of ISC Events expos and conferences, SIA ensures its members have access to top-level buyers and influencers, as well as unparalleled learning and network opportunities. SIA also enhances the position of its members in the security marketplace through SIA GovSummit, which brings together private industry with government decision makers, and Securing New Ground, the security industry’s top executive conference for peer-to-peer networking.
SSI – the No. 1 Technology & Business Authority Since 1979 — reaches a monthly audience of over 90,000 (print and online audiences combined) executive, sales and technical professionals who recommend, buy and/or install electronic security equipment, including video surveillance, access control, biometrics, IT networking, intrusion, fire alarm, home controls/automation plus other security products and services. Editorial features include commercial and residential product applications, technology updates, systems design installation techniques, sales and marketing case studies, statistical research and operation management.