2010/2011 Compensation Guide for Anti-Fraud Professionals
Due to the economic downturn during late 2008 and through 2009, many organizations instituted pay freezes or cuts. Respondents in the ACFE's 2010/2011 Compensation Guide for Anti-Fraud Professionals represent many different industries and were not immune to this downturn. The median compensation reported by the respondents is representative of this overall economic trend. CFE and non-CFE compensation levels remained near the levels of those reported in the 2008 salary study.
Although the overall compensation did not vary dramatically compared with the results of the 2010/2011 Compensation Guide, CFEs continue to earn a significant premium (22%) over those without the CFE credential.
Forensic Accountant, IRS Agent, External Auditor and Management Accountant were among the top ranking job functions that showed the highest median salary advantage for having the CFE credential, with CFEs earning 39–45% more than non-CFEs.
In the U.S., respondents in almost every geographic region reported that having the CFE credential increased earning potential. CFEs in the Northeast U.S. region reported the highest salary premiums, earning 25% more than non-CFEs. Outside the U.S., CFEs earned 35% more than non-CFEs in the same position.
The majority of respondents had five years or more of fraud-related experience. More than 20% of the responding CFEs had over 20 years of fraud-related experience.
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Scott Patterson Media Relations Specialist Association of Certified Fraud Examiners spatterson@ACFE.com