IR Magazine has released its latest report into the pay, roles and responsibilities of IR professionals across the globe. Based on responses from more than 650 IR professionals, the IR Magazine Global IR Salary & Careers Report 2022 looks at this information by region, cap size and job title.
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The report examines the current level of salaries and bonuses paid to IR practitioners, both IR heads and IROs. It also investigates the previous roles IR practitioners had before joining IR, what responsibilities outside of IR they have and what professional qualifications they have attained. This year the report further looks at how the demands of the IR role have changed and what the motivating factors are for IRO career aspirations.
The report also continues IR Magazine’s ongoing investigation into the gender gap by comparing the roles of men and women in IR, along with their pay and bonus levels.
Key findings
- The global median salary for IR heads is $200,000, an increase from the median pay range of $150,000-$159,999 found in the 2020 report.
- The global median salary range for IROs is $75,000-$99,999, the same as two years ago.
- Bonus sizes as a proportion of salary have increased for both IR heads and IROs in the past two years.
- Salaries for both IR heads and IR officers generally increase with cap size.
- The majority of IR practitioners come from a corporate background, with three in 10 coming from corporate finance.
- Just under a third of IR heads worked in capital markets before switching to IR, compared with just over one in 10 IROs.
- Approaching half of IR professionals globally have corporate communications responsibilities included in their role, while just under a third have no additional responsibilities outside of investor relations.
- Fewer than four in 10 IR professionals have undertaken training with an IR association, while 43 percent have no formal professional training or qualifications.
- The median salary for both male IR heads and IROs is a pay bracket higher than their female counterparts but the gender pay gap has narrowed considerably for IROs and increased for IR heads.
- Men working in IR are more likely to have additional responsibility for corporate strategy or to have no additional responsibilities outside of IR.
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This report is available only to IR Advanced and IR Intel subscribers to IR Magazine.
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