Significantly more internal auditors received salary increases last year, compared to the past several years, according to a new study by the Institute of Internal Auditors.

The number of U.S. organizations awarding raises to their entire internal audit staff increased from 60 percent in 2011 to 64 percent in 2012. In Canada, 83 percent of participating organizations gave raises to all their internal auditors in 2012 — a five-year high for the country. However, when compared to 2011, the magnitude of the raises has decreased, with fewer internal auditors having received a salary increase greater than 3.9 percent.

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