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Compliance Officer Salary

Earnings for Compliance Officers in the United States come in at around $60K annually on average. In the world of Compliance Officers, overall cash earnings stretch from $34K near the bottom to $101K near the top; these packages encompass bonuses that run close to $12K and profit sharing that can (albeit rarely) exceed $10K, along with commissions approaching $22K. The most influential factor affecting pay for this group is geography, though the specific employer and tenure have a (lesser) impact as well. Work is enjoyable for Compliance Officers, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. Female Compliance Officers survey participants are more prevalent than men — 64 percent of professionals. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
$38,126 - $98,265
(Median)
38K
46K
60K
77K
98K
MEDIAN: $60,177
10%
25%
50%
75%
90%

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$12.18 - $30.65
(Median)
12
18
22
31
MEDIAN: $17.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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$50K$100K$150K
Salary
$38,126 - $98,265  
   
Bonus
$0.00 - $12,232  
Profit Sharing
$691 - $9,910  
Commission
$0.00 - $21,852  
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).
)
$34,488 - $100,526  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,624
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$25$50$75
Hourly Rate
$12.18 - $30.65  
   
Overtime
$13.03 - $37.66  
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$50K$100K$150K
Bonus
$0.00 - $12,232  
   
Commission
$0.00 - $21,852  
Profit Sharing
$691 - $9,910  
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).
)
$34,488 - $100,526  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 256
United States (change)

Job Description for Compliance Officer

A company's compliance officer generally is in charge of supervising and handling issues related to compliance with laws or regulations, including making sure that the company is up to date with its licensing requirements. Often, they must report their findings to the organization's governing body and recommend any needed changes. This job is particularly essential in heavily regulated industries such as health care and financial services.

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Compliance Officer Tasks

  • Conduct or direct the internal investigation of compliance issues.
  • Oversee and monitor activities for compliance with company, state and federal regulations.
  • Assess product, compliance, or operational risks and develop risk management strategies.
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.

Common Career Paths for Compliance Officer


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More often than not, Compliance Officers take top-notch roles like Chief Compliance Officer. Pay for that position is $100K annually on average. Typical career progression for a Compliance Officer involves becoming a Senior Compliance Officer or a VP of Compliance, roles that pay $15K more and $40K more on average.

Compliance Officer (but not Agriculture, Construction, Health / Safety, or Transportation) Job Listings

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Popular Employer Salaries for Compliance Officer


With a median salary of $62K, J.P. Morgan Chase & Co. (JPMCC) provides Compliance Officers with the lowest pay in their field; moreover, earnings are capped at only $78K, limiting employee salary growth.

Popular Skills for Compliance Officer


Survey results show that Compliance Officers use a fair number of skills. Most notably, facility with HIPAA Compliance, Operations Management, and Legal Compliance are correlated to pay that is significantly above average, leading to increases of 40 percent, 16 percent, and 15 percent, respectively. Those listing Account Management as a skill should be prepared for drastically lower pay. Most people skilled in Legal Compliance are similarly competent in Compliance (Financial).

Pay by Experience Level for Compliance Officer

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


For Compliance Officers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries for the relatively untried average out to around $50K, but survey participants with five to 10 years of experience earn a significantly higher median of $63K. Compliance Officers see a median salary of $69K after reaching one to two decades on the job. More than 20 years of experience mean a somewhat bigger median paycheck of $74K, but it's not much more than what less experienced people make.

Pay Difference by Location


Surpassing the national average by 42 percent, Compliance Officers in New York receive some of the highest pay in the country. Compliance Officers can also look forward to large paychecks in cities like San Francisco (+40 percent), Washington (+38 percent), Boston (+31 percent), and Los Angeles (+31 percent). Miami is home to the smallest salaries in the field, lagging the national average by 20 percent. San Antonio and Houston are a couple other places where companies are known to pay below the median — salaries are 6 percent lower and 3 percent lower, respectively.

Compliance Officer Reviews

What is it like working as a Compliance Officer?

Compliance Officer in Rockford:
"Flexible Work."
Pros: Opportunity to learn and share what I have learned.
Cons: Lack of guidance.

Related Job Salaries

Experience Affects Compliance Officer Salaries




National Average
$58,000


Skills That Affect Compliance Officer Salaries

HIPAA Compliance
up arrow 40%

Operations Management
up arrow 16%




Project Management
up arrow 4%

Compliance (Financial)
up arrow 1%

National Average
$58,000

Auditing
up arrow 1%

Internal Audit
up arrow 3%

Account Management
up arrow 37%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 377 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
3%
1-4 years
37%
5-9 years
28%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 70%
vision benefits Vision: 55% employee benefits None: 13%