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Compliance Associate Salary (United States)

For Compliance Associates, yearly average wages total $52K annually. Including potential for bonuses and profit sharing — peaking near $15K and $10K, respectively — total cash payment to Compliance Associates can bottom out near $30K or peak near $91K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by career length. There are more female Compliance Associates who answered the questionnaire than male, making up 63 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Compliance Associates report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Compliance Associate Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$34,590 - $79,478
(Median)
35K
42K
52K
67K
79K
MEDIAN: $51,602
10%
25%
50%
75%
90%
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Compliance Associate Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$10.08 - $24.68
(Median)
10
14
17
20
25
MEDIAN: $16.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$31K$62K$93K
Salary
$34,590 - $79,478  
   
Bonus
$0.00 - $15,205  
Profit Sharing
$-0.50 - $9,882  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,191 - $90,769  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 218
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$10.08 - $24.68  
   
Overtime
$13.82 - $47.78  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $15,205  
   
Profit Sharing
$-0.50 - $9,882  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,191 - $90,769  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 68
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Location:
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Job Description for Compliance Associate

A compliance associate ensures that their company’s employees comply with all guidelines, management directives, and human resources policies. They make sure staff members conform to industry practices and professional standards in all activities, with specific practices and standards depending on the company and field. Other tasks completed by the compliance associate include investigating and resolving compliance issues, implementing procedures for monitoring compliance guidelines, maintaining files and databases of all records relating to compliance and risk, and participating in compliance audits. They are also responsible for reviewing agency reports, formulating responses and corrective actions regarding agency reports, and distributing information regarding new and ongoing requirements. Compliance associates generally work full time in an office setting; these professionals may work in a variety of fields.
Read More...
Compliance Associate Tasks
  • Conduct monthly and yearly branch/departmental compliance reviews.
  • Research and report on regulatory changes to ensure compliance.
  • Discipline and/or re-train employees in the event of compliance guideline violations.
  • Assist with training new employees on compliance procedures and answer questions regarding policies.

Compliance Associate Job Listings

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Just a handful of professional skills are reported by Compliance Associates who took the survey. Most notably, facility with Legal Compliance, Internal Audit, and Compliance (Financial) are correlated to pay that is significantly above average, leading to increases of 30 percent, 29 percent, and 18 percent, respectively.

Pay by Experience Level for Compliance Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Respondents with less than five years' experience take home $46K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $60K. Compliance Associates see a median salary of $55K after reaching one to two decades on the job. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $45K.

Pay Difference By Location

New York
up arrow 53%
Boston
up arrow 14%
Chicago
up arrow 9%
National Average
$50,000
Washington
up arrow 22%
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 53 percent, Compliance Associates in New York receive some of the highest pay in the country. Compliance Associates will also find cushy salaries in Boston (+14 percent) and Chicago (+9 percent). Location is a huge contributor to overall pay, with Compliance Associates in Washington earning a whopping 22 percent below the national average.

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Experience Affects Compliance Associate Salaries

Mid-Career
up arrow 20%
Experienced
up arrow 11%
National Average
$50,000
Late-Career
up arrow 9%

Skills That Affect Compliance Associate Salaries

Legal Compliance
up arrow 30%
Internal Audit
up arrow 29%
Compliance (Financial)
up arrow 18%
National Average
$50,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 46 votes.

Gender

Female
63%
female alumni
 
Male
37%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
54%
5-9 years
28%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 14%