Salary for Senior-level / Expert SOC Manager during 2024

Salary details

The average senior-level / expert SOC Manager salary lies between USD 189,000 and USD 268,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Senior-level / Expert SOC Manager roles

The three most common job tag items assiciated with senior-level / expert SOC Manager job listings are SOC, Incident response and SIEM. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

SOC | 15 jobs Incident response | 14 jobs SIEM | 12 jobs Forensics | 9 jobs Compliance | 8 jobs Monitoring | 8 jobs Automation | 7 jobs EDR | 6 jobs Cloud | 6 jobs Computer Science | 6 jobs Firewalls | 5 jobs Analytics | 5 jobs Endpoint security | 5 jobs XDR | 5 jobs IDS | 4 jobs IPS | 4 jobs Threat detection | 4 jobs Vulnerability management | 4 jobs Strategy | 4 jobs AWS | 4 jobs

Top 20 Job Perks/Benefits for Senior-level / Expert SOC Manager roles

The three most common job benefits and perks assiciated with senior-level / expert SOC Manager job listings are Career development, Equity / stock options and Team events. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 9 jobs Equity / stock options | 4 jobs Team events | 4 jobs Medical leave | 4 jobs Startup environment | 2 jobs Salary bonus | 2 jobs 401(k) matching | 1 jobs Flex hours | 1 jobs Health care | 1 jobs Insurance | 1 jobs

Salary Composition for a Senior SOC Manager

The salary for a Senior SOC Manager typically comprises a fixed base salary, performance-based bonuses, and additional remuneration such as stock options or profit-sharing. The fixed salary often constitutes the majority of the total compensation package, ranging from 60% to 80%. Bonuses can vary significantly depending on the company's performance and individual achievements, usually accounting for 10% to 20% of the total salary. Additional remuneration, such as stock options, profit-sharing, or other incentives, can make up the remaining 10% to 20%.

Regional differences play a significant role in salary composition. For instance, positions in major tech hubs like Silicon Valley or New York City may offer higher base salaries and more substantial stock options due to the high cost of living and competitive job market. Industry also influences salary composition; financial services and technology companies often provide more lucrative bonuses and stock options compared to other sectors. Company size can affect the salary structure as well, with larger organizations typically offering more comprehensive compensation packages.

Increasing Salary from a Senior SOC Manager Position

To increase your salary from a Senior SOC Manager position, consider pursuing roles with greater responsibility, such as Director of Security Operations or Chief Information Security Officer (CISO). These positions often come with higher compensation due to their strategic importance and broader scope of responsibilities. Additionally, expanding your expertise in emerging areas like cloud security, threat intelligence, or AI-driven security solutions can make you more valuable to employers.

Networking within the industry and building a strong professional reputation can also lead to higher-paying opportunities. Engaging in speaking engagements, publishing articles, or participating in industry conferences can enhance your visibility and credibility. Finally, consider relocating to regions or industries known for higher compensation, such as the tech sector in Silicon Valley or the financial industry in major metropolitan areas.

Educational Requirements for a Senior SOC Manager

Most Senior SOC Manager positions require at least a bachelor's degree in a relevant field such as computer science, information technology, or cybersecurity. Some employers may prefer candidates with a master's degree in cybersecurity, information security, or business administration, especially for roles with a strategic focus. Advanced degrees can provide a deeper understanding of complex security issues and enhance leadership skills, making candidates more competitive for senior roles.

Helpful Certifications for a Senior SOC Manager

Certifications are highly valued in the cybersecurity field and can significantly enhance your qualifications for a Senior SOC Manager role. Commonly sought-after certifications include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Information Systems Auditor (CISA)
• Certified Ethical Hacker (CEH)
• GIAC Security Essentials (GSEC)

These certifications demonstrate a strong foundation in security principles and practices, as well as a commitment to professional development. They can also provide a competitive edge in the job market and may lead to higher salary offers.

Experience Required for a Senior SOC Manager

Typically, a Senior SOC Manager is expected to have at least 7 to 10 years of experience in information security or a related field. This experience should include hands-on technical roles, such as security analyst or engineer, as well as leadership positions that demonstrate the ability to manage teams and projects. Experience in a Security Operations Center (SOC) environment is particularly valuable, as it provides insight into the day-to-day operations and challenges of managing security incidents.

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