The RIMS 2025 Compensation Survey has found that risk professionals in both the United States (11%) and Canada (15%) benefited from significant salary increases since RIMS’s last compensation survey in 2023.
Most notable was the salary increase experienced by Chief Risk Officers/Vice Presidents of Risk Management, who saw salary increases of 16% in the US and 15% in Canada.
Key findings include:
- The median annual base salary for US risk management professionals in 2025 was $160,000 compared to $144,300 in 2023.
- In Canada, the median annual base salary for risk management professionals was $140,000 compared to $122,000 in 2023.
- The median annual base salary for US risk professionals who hold the title of Chief Risk Officer/Vice President is $245,000 (up 16% from 2023). In Canada, that salary median is $225,000 (up 15% from 2023).
- 41% of US respondents and 40% of Canadian respondents received recognition – either monetary and/or non-monetary – for earning an industry-related designation/certification.
- Mirroring the 2023 report, two in three US risk management professionals (65%) have at least one industry-related designation/certification. The proportion is higher in Canada at 88%.
The survey was conducted by email and disseminated to qualified RIMS professional members and non-members. To best represent the audience of interest, the results in this report are based on 1,068 respondents who indicated they were employed as a risk management professional as of June 1, 2025, in the US or Canada. Of those, 867 were from the US and 201 from Canada.
The RIMS 2025 Compensation Survey is available at www.rims.org/resources/compensation-survey.
The full survey is free for all RIMS members, $250 for contributor non-members, and $500 for non-contributor non-members.
