2021 BRM Benchmarking Compensation Analysis Report

By BRM Institute

The 2021 BRM Benchmarking® Compensation Report is based on the responses of BRM professionals across the globe, during the timeframe of February 2020 to December 2021. Interestingly, one of many findings from the report revealed that Business Relationship Managers average compensation is just over $120,000 USD, an increase of over 12% from the 2019 compensation report. 

"BRM Institute's interactive BRM Benchmarking capability is the definitive review and analysis of BRM-related practices, performance, and impact across the globe. We will continue to build, expand, and improve this program over time providing organizations a means to find value and leverage the wisdom of their global communities, allowing them to make informed decisions based on quantifiable data." – Aaron Barnes, CEO BRM Institute 

BRM Institute would like to thank every benchmark participant who contributed towards an improved understanding of current BRM compensation trends, as well as Jeff Warren, Barkley Consulting Group for their sponsorship of this research and their continued support of the global BRM community.  

The BRM Benchmarking program will continue indefinitely, each year collecting additional information to reveal comparison trends over time. As the base of information builds, so does the comparative value it provides all BRMs and all organizations aspiring to high-level BRM capability. All BRMs are encouraged to participate every year. By participating year-over-year, you will witness the trends in your situation, your industry, and across the profession as a whole. The BRM Benchmarking program is open to everyone who performs the BRM role, to any degree, in the nature of their work. All participants can perform comparative analysis immediately upon answering the benchmarking questions. The BRM Benchmarking Program increases in value as more BRMs answer the benchmark questions, so help yourself while helping the single global BRM community and add your entry into the benchmark today! 

• Language: English
• Publisher: BRM Institute Publishing
• Release date: May 17, 2022
• ISBN: 9798201382650

Book preview

Business

Relationship

Management

2021 Compensation

Analysis Report

Table of Contents

Introduction

Organizational Demographics

Personal Demographics

Professional Demographics

Compensation Analysis Overview

Compensation Analysis by Location of Residence

Compensation Analysis by Demographic Segments

Closing Remarks

Introduction

Business Relationship Management Institute (BRM Institute) is the world’s premier membership, professional development, and certification organization dedicated to serving the global business relationship management (BRM) community.

BRM Institute provides world-class professional membership and development programs to advance the art and discipline of business relationship management and help advance the BRM capability within organizations. It was incorporated as a nonprofit corporation in February 2013.

This is the fourth report on BRM Compensation provided by BRM Institute. Whereas the first two reports were based on a Salary Survey, this report and the 2019 report utilize the Institute’s new data collection period of a recent and perpetual BRM Benchmark program. Every year, the BRM Benchmark program