Is a security clearance valuable?

However, once you have a clearance, you have some distinct advantages in the job marketplace. A security clearance is a valuable job market commodity. Experts predict that a clearance can increase your salary from $5,000 to $15,000 or more.

How much does a security clearance increase your salary?

Based on survey data, on average, a security clearance generates 10-20% salary premium with higher clearances commanding the largest increases.

Can you make more money with a security clearance?

Security clearance total compensation averaged $103,199 in 2020, according to the survey results, a 2% pay bump over 2019. The majority of respondents (82%) reported being with their current employer for five years or less, and 63% said they were with their current employer for two years or less.

Is it good to have a security clearance?

Benefits of Having Active or Inactive Security Clearance

Doubles your worth and ability to get jobs in certain sectors that non-cleared personnel could not get. Since employers do not have to pay for your clearance application, the money saved often goes back into the employee’s salary.

Why is security clearance important?

The purpose of a security clearance is to determine that a person is able and willing to safeguard classified national security information, based on his or her loyalty, character, trustworthiness, and reliability.

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What disqualifies you from a security clearance?

These conditions may disqualify you from access to classified information: Drug abuse. Illegal drug possession. Diagnosis of drug abuse or dependence by a medical professional.

How much does secret clearance cost?

The average cost to process a SECRET clearance can run from several hundred dollars to $3,000, depending upon individual factors. The average cost to process a TOP SECRET clearance is between $3,000 and about $15,000, depending upon individual factors.

Is it easier to get a job with a security clearance?

Both government agencies and private companies with government contracts hire for cleared jobs, roles that require an active security clearance. In many cases, you’re a more attractive job candidate if you have an active or current security clearance as part of your résumé.

Why would a security clearance be denied?

However, your application may be denied for various reasons like drug involvement, financial debt or affluence, reckless sexual behavior, gambling addiction, undue foreign influence, technology misuse, or other behavior the government considers as a risk to national security.

What happens to my security clearance when I leave my job?

You automatically lose your access to classified information when you leave your job, but your security clearance may remain current if no incidents or flags are placed in your file. Cleared professionals, just like anyone else, may be fired for a variety of reasons.

What is checked in security clearance?

The security clearance process typically includes a FBI reference check of former employers, coworkers, friends, neighbors, landlords, and schools along with a review of credit, tax, and police records. … The scope of the background investigation varies depending on the level of clearance required.

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