Institute of Commercial Payments 2024 Salary Survey
What's Included?
With data from over 200 industry professionals, our 2024 Salary Survey Report reveals key salary benchmarks by role, sector, experience and certification, highlighting differences like a 55% salary boost for corporate management
oversight roles and a 11% premium for Certified Purchasing Card Professional (CPCP)-certified professionals. Commercial Payment professionals can use this data to navigate career growth and compensation expectations more strategically.
Download or purchase the full report for an in-depth look at industry trends and actionable insights to elevate your position in Commercial Payments.
Benchmark Your Earnings: Compare your salary to industry averages by role, sector and experience level to see where you stand and identify opportunities for growth.
Support Compensation Negotiations: Leverage data on salary trends, including sector-specific pay and the impact of program size, to strengthen your case in salary and promotion discussions.
Understand Market Demand: See which roles and sectors command higher salaries, offering a strategic perspective on positioning yourself in a competitive market.
This report gives unbiased:
End-user insights
High, low and average salary for sector, role, program size, education and level of experience
Guidance for internal salary discussions
Statistics on how your salary compares to others in the industry
Key Findings
Average annual salary increases with years of experience regardless of the job role or type of organization.
When separating salary by job role and sector, corporates continue to earn the highest on average followed by Government/K-12, then Higher Education.
Those with the CPCP credential make more on average regardless of sector.
