Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Risk Management Specialists, experience is not a major factor in determining pay, and incremental pay growth is standard. After five to 10 years, compensation can go from $48K to $53K. After 10 to 20 years, compensation comes in at $63K. Once they've gotten two decades of experience under their belts, Risk Management Specialists encounter slower salary growth; at this point, they earn $67K annually. Experienced employees who have 10-20 years of experience make up about one in five of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. One to nine years of experience is standard for most employees in this area; most of respondents fit between this range.