News for Business & Industry Professionals

Internal auditors’ job satisfaction higher with incentive pay, survey finds

by Ken Tysiac | Dec 11, 2014   ()

Internal auditors who receive incentives based on profits or revenue report higher job satisfaction and loyalty to their organizations without having their objectivity compromised, according to a new survey report.

Amongst the 1,600 internal auditors who responded to the survey conducted in North America, about 50% of chief audit executives, 56% of directors of internal audit, 48% of audit managers, and 39% of audit staff receive profit- or revenue-based bonuses.

On a scale of 1 to 5, those who receive profit- or revenue-based incentives rated their job satisfaction at 3.94, compared with 3.85 for those who do not receive incentives.

Read More...

Source: CGMA Magazine
Source: CGMA Magazine

News Archive