SOC Manager Salary in 2024

Salary details

The average SOC Manager salary lies between USD 105,498 and USD 189,000 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 SOC Manager roles

The three most common job tag items assiciated with 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 | 74 jobs Incident response | 55 jobs SIEM | 45 jobs Monitoring | 44 jobs Compliance | 36 jobs CISSP | 33 jobs Strategy | 27 jobs Cloud | 25 jobs CISM | 24 jobs Computer Science | 23 jobs EDR | 21 jobs Threat intelligence | 20 jobs Forensics | 20 jobs Analytics | 20 jobs Automation | 20 jobs IDS | 18 jobs IPS | 18 jobs NIST | 18 jobs CEH | 17 jobs Threat detection | 14 jobs

Top 20 Job Perks/Benefits for SOC Manager roles

The three most common job benefits and perks assiciated with SOC Manager job listings are Career development, Team events and Health care. 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 | 34 jobs Team events | 30 jobs Health care | 16 jobs Medical leave | 11 jobs Equity / stock options | 9 jobs Insurance | 9 jobs Salary bonus | 9 jobs Flex hours | 8 jobs Startup environment | 8 jobs Competitive pay | 8 jobs Parental leave | 6 jobs 401(k) matching | 5 jobs Wellness | 5 jobs Flex vacation | 3 jobs Travel | 2 jobs Gear | 1 jobs Fitness / gym | 1 jobs Transparency | 1 jobs Home office stipend | 1 jobs Unlimited paid time off | 1 jobs

Salary Composition for a SOC Manager

The salary composition for a SOC (Security Operations Center) Manager typically includes a mix of fixed salary, bonuses, and additional remuneration. The fixed salary is the base pay and usually constitutes the largest portion of the total compensation package. Bonuses are often performance-based and can vary significantly depending on the company's financial health, the individual's performance, and the overall performance of the security team. Additional remuneration might include stock options, profit-sharing, or other incentives, which are more common in larger companies or tech-heavy industries.

Regional differences can also impact salary composition. For instance, SOC Managers in major tech hubs like Silicon Valley or New York City might receive higher base salaries and bonuses compared to those in smaller markets. Industry also plays a role; financial services and tech companies often offer more competitive compensation packages compared to other sectors. Company size can influence the salary structure as well, with larger organizations typically offering more comprehensive benefits and bonus structures.

Steps to Increase Salary from a SOC Manager Position

To increase your salary from a SOC Manager position, consider the following strategies:

• Pursue Advanced Certifications: Obtaining advanced certifications such as CISSP (Certified Information Systems Security Professional) or CISM (Certified Information Security Manager) can enhance your credentials and make you more valuable to employers.

• Expand Your Skill Set: Develop expertise in emerging areas of cybersecurity, such as cloud security, threat intelligence, or incident response. This can make you a more versatile and attractive candidate for higher-paying roles.

• Seek Leadership Opportunities: Demonstrating leadership skills and taking on additional responsibilities can position you for promotions to higher-level roles, such as Director of Security or Chief Information Security Officer (CISO).

• Network and Build Industry Connections: Engaging with professional organizations and attending industry conferences can help you stay informed about job opportunities and salary trends.

• Consider Relocation: If feasible, relocating to a region with higher demand for cybersecurity professionals can lead to better salary prospects.

Educational Requirements for a SOC Manager

Most SOC Manager positions require at least a bachelor's degree in a related field such as computer science, information technology, or cybersecurity. Some employers may prefer candidates with a master's degree in cybersecurity or an MBA with a focus on information security. A strong educational background provides a solid foundation in the technical and managerial aspects of the role.

Helpful Certifications for a SOC Manager

Certifications are highly valued in the cybersecurity field and can significantly enhance your qualifications for a SOC Manager role. Some of the most beneficial certifications include:

• CISSP (Certified Information Systems Security Professional): Recognized globally, this certification demonstrates your ability to effectively design, implement, and manage a best-in-class cybersecurity program.

• CISM (Certified Information Security Manager): Focuses on management and governance, making it ideal for those looking to move into leadership roles.

• CEH (Certified Ethical Hacker): Provides skills in identifying and addressing security vulnerabilities, which is crucial for a SOC Manager.

• CompTIA Security+: A foundational certification that covers essential principles for network security and risk management.

Experience Required for a SOC Manager

Typically, a SOC Manager is expected to have several years of experience in cybersecurity, with a strong background in security operations, incident response, and threat analysis. Experience in managing a team and overseeing security projects is also crucial. Many employers look for candidates with at least 5-7 years of relevant experience, including time spent in a leadership or supervisory role.

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