Compliance Associate Salary

Median pay for Compliance Associates in the United States is around $53K annually. In the world of Compliance Associates, overall income ranges from $31K near the bottom to $92K at the top; this can include more than $15K from bonuses and more than $10K from profit sharing in exceptional cases. The most important factor affecting compensation for this group is residence, followed by the specific employer and experience level. Women make up the majority of Compliance Associates (61 percent) who completed the questionnaire. Job satisfaction is reported as high by the vast majority of workers. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$35,478 - $86,640
(Median)
$35K
$53K
$87K
MEDIAN: $52,836
10%
50%
90%

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$10.12 - $23.89
(Median)
$10
$16
$24
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$31K$62K$93K
Salary
$35,478 - $86,640  
   
Bonus
$0.00 - $14,824  
Profit Sharing
$0.00 - $10,000  
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).
)
$31,151 - $92,021  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 360
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$17$34$51
Hourly Rate
$10.12 - $23.89  
   
Overtime
$13.76 - $48.89  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $14,824  
   
Profit Sharing
$0.00 - $10,000  
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).
)
$31,151 - $92,021  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 105
United States (change)

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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.

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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.

Common Career Paths for Compliance Associate


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Many Compliance Associates advance their careers by becoming Compliance Officers, who report a slightly higher median income of $58K.

Compliance Associate Job Listings

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Popular Employer Salaries for Compliance Associate



Survey results suggest that Compliance Associates use a fairly large toolkit of professional skills. Most notably, facility with Internal Audit, Legal Compliance, and Compliance (Financial) are correlated to pay that is significantly above average, leading to increases of 28 percent, 18 percent, and 15 percent, respectively. Skills that pay less than market rate include Data Analysis. Aptitude in Compliance tends to also indicate an understanding of Regulatory Compliance.

Pay by Experience Level for Compliance Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $48K; however, individuals with five to 10 years of experience bring in $59K on average — a distinctly larger sum. Compliance Associates claiming one to two decades of experience make an estimated median of $55K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $45K.

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Experience Affects Compliance Associate Salaries


Experienced
up arrow 9%

National Average
$50,000


Late-Career
up arrow 10%

Skills That Affect Compliance Associate Salaries

Internal Audit
up arrow 28%

Legal Compliance
up arrow 18%

Compliance (Financial)
up arrow 15%

Anti-Money Laundering (AML)
up arrow 12%

Microsoft Excel
up arrow 4%

Regulatory Compliance
up arrow 3%

National Average
$50,000

Data Analysis
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
10%
1-4 years
57%
5-9 years
24%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
medical benefits
Vision: 64%
dental benefits
None: 13%
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