Compensation Benchmarks Released in 2024 ACFE Report
Understanding how your compensation and benefits compare to your colleagues can help you better plan for the future and advance your career. Factors like education, background, work experience, job functions and responsibilities can affect how much you earn as an anti-fraud professional. Knowing how best to leverage your skills can help you earn a promotion, receive a raise or even find the career path that is right for you.
The Compensation Guide for Anti-Fraud Professionals was created to help you compare your personal compensation structure to your peers, no matter what experience level you may be at. Information in this report is based on research from the 2024 Global Salary Survey, which analyzed compensation data provided by Certified Fraud Examiners (CFEs) and associate members of the ACFE.
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Methodology
In order to ensure the confidentiality of the data, the ACFE contracted an objective, third-party research company, Western Management Group, to collect and compile the results.
An email with a link to an online questionnaire was sent to approximately 90,000 ACFE members in April 2024. A total of 4,449 complete and usable responses were received by the end of June in time for processing, representing a 5% response rate. Based on 4,449 presumably random responses and 90,000 for the total population, this study has a +/- 1.47% margin of error (MOE) at a 95% level of confidence. In other words, we can be 95% certain that for a question with 4,449 responses, the survey’s figure would be within +/- 1.47% percentage points of the actual universe’s response. A margin of error of +/- 5% is typically accepted as the “standard” in association research, so this study’s +/- 1.47% figure indicates a stronger than typical level of statistical significance.
Upon receipt, all responses were assigned a unique identification number, and any remaining identification was removed from the survey form. All data were checked both manually and by a specially designed computer editing procedure. Strict confidence of survey responses was maintained throughout the course of the project.
Salary Calculator
Use the Salary Calculator to predict your total compensation and total compensation ranges. The calculator was developed using a predictive model based on the data provided by ACFE members who participated in the 2024 Global Salary Survey.
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Highlighted Trends
CFE Premium
CFEs continue to receive higher wages than their non-certified colleagues. The 32% premium afforded to CFEs increased substantially since the 2013/2014 Compensation Guide, reinforcing the value that the industry places on obtaining and maintaining professional certification for your role.
Increased Earnings
In 2024, CFEs with a four-year degree reported earning $101,000 per year, while median compensation for CFEs with a graduate degree was $112,000. In addition, the gender pay gap between men and women decreased substantially when compared to the 2013/2014 Compensation Guide.
Additional Compensation
Survey respondents reported earning additional compensation, benefits and professional opportunities after obtaining their CFE credential.