Institute of Commercial Payments (IOCP) has released the results of the eighth edition of its salary survey, offering an in-depth analysis of compensation structures across the Commercial Card and Payments industry.
The report provides insights into high, low, and average salaries by role, sector (corporate, higher education and government/K-12), experience level and education. It also includes comparative earnings between professionals with and without the Certified Purchasing Card Professional (CPCP) credential, as well as compensation based on the size of the programs managed.
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"Our exclusive Salary Survey Report is more than data," said Laura Flandrick, CPCP, CPA, IOCP Managing Director. "As the gold standard for compensation insights, it helps employees navigate career growth and compensation expectations more strategically, while allowing employers to benchmark their compensation packages to attract and retain the best talent."
This report will also help Commercial Payments end-user practitioners more effectively:
Benchmark Earnings: Compare salary to industry averages by role, sector and experience level
Support Compensation Negotiations: Leverage data on salary trends, including sector-specific pay and the impact of program size, to strengthen the case in salary and promotion discussions
