How accurate is your cyber salary perception?

Cyber security has seen rapid growth over the last few years, with demand for skilled professionals soaring as companies have scrambled to protect themselves from increasing digital threats. This surge in demand however, has caused an inflation of salary expectations – leading many businesses and candidates to believe that cyber roles come with consistently high pay. But is this perception still accurate today?

1. The impact of inflated cyber salaries
In recent years, cyber security salaries in the UK were driven up due to a shortage of skilled professionals. High demand, combined with a relatively small talent pool meant that salaries for many cyber security roles were inflated. This naturally shaped perceptions across the market, with candidates and employers alike assuming that top-tier salaries were the norm. However, in an ever-changing environment this isn’t necessarily the case. With more professionals entering the field, a better understanding of the market and more businesses investing in developing their own talent, these inflated salary expectations are starting to level out.

2. Changing the market perception
While it’s true that cyber security professionals still command competitive pay, the market is no longer defined by sky-high salaries. The perceived salary “bubble” has caused many companies to delay their hiring plans, concerned that they couldn’t afford the talent they needed. This has unnecessarily slowed the market’s movement, with candidates waiting for offers that may never come and businesses hesitating to make decisions. However, the tide is turning. With more balanced salary expectations and a wider talent pool, movement in the market is beginning to speed up, allowing for a more fluid hiring process.

3. Strategic planning for better value
Hiring cyber security professionals requires more than just offering a high salary. Strategic workforce planning is key to ensuring you get the best value out of your hires. By clearly defining the roles and responsibilities of your cyber team, you can avoid overpaying for skill sets you don’t need. Understanding the specific expertise required for your business and matching that with the right salary range will ensure you’re getting the most from your investment. Additionally, focusing on the overall package including career development opportunities, flexible working and a positive work environment will help attract top talent without needing to offer inflated salaries.

While cyber security remains a high-demand field, the perception of inflated salaries is becoming outdated. With careful planning and a better understanding of the market, you can secure skilled professionals without breaking the bank.

If you need expert advice on hiring cyber security professionals, contact IntaPeople. We specialise in connecting businesses with the right talent to help you stay secure while getting the best value from your hires.