Median pay for Compliance Specialists in the United States lies in the neighborhood of $54K annually. Earnings sit near $34K on the lower side but can approach $78K per year on the higher side. Final cash compensation to Compliance Specialists varies from around $34K to approximately $78K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $6K, respectively. The most important factor affecting compensation for this group is the specific employer, followed by geography and years of experience. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Most Compliance Specialists like their work and job satisfaction is high. Female Compliance Specialists make up most of the survey respondents at 72 percent. The numbers in this rundown were provided by PayScale's salary survey participants.
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$37,111 - $78,225
$37K
$54K
$78K
MEDIAN: $53,502
10%
50%
90%

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$13.75 - $26.48
$14
$18
$26
MEDIAN: $18.00
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$27K$54K$81K
Salary
$37,111 - $78,225  
   
Bonus
$0.00 - $9,762  
Profit Sharing
$0.00 - $5,588  
Commission
$0.00  
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).
)
$33,638 - $77,954  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,289
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$14$28$42
Hourly Rate
$13.75 - $26.48  
   
Overtime
$20.40 - $40.68  
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$28K$56K$84K
Bonus
$0.00 - $9,762  
   
Commission
$0.00  
Profit Sharing
$0.00 - $5,588  
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).
)
$33,638 - $77,954  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 468

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Compliance Specialist

A compliance specialist reviews medical record findings to ensure their accuracy. They must have have an extensive knowledge of medical record documentation guidelines, as well as certifications in coding and compliance. Typically employers also require at least five years of experience working in settings that require coding and compliance.

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Compliance Specialist Tasks

  • Research, develop and recommend strategic advice to ensure companies align with all applicable laws and regulations.
  • Responsible for the coordination and completion of all government, regulatory, and compliance documents for all business units in an organization.
  • Ensure relevant documents are in compliance with established guidelines and standards.

Common Career Paths for Compliance Specialist


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Though not the most common occurrence, Compliance Specialists sometimes become Chief Compliance Officers, where the average income is $103K per year. Career advancement for the typical Compliance Specialist often leads to becoming a Compliance Manager or a Compliance Analyst; median salaries in these positions are $24K higher and $1K higher, respectively.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Dominating the field, Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Cigna Corporation, J.P. Morgan Chase & Co. (JPMCC), and Medtronic, Inc. are top firms with a reputation for hiring a great number of Compliance Specialists. Employees of Bank of America Corp. (BOFA) can expect to make the most, with the company offering a median salary of $80K; however, pay is widely dispersed from bottom to top, ranging from $58K to $103K.

Popular Skills for Compliance Specialist


Compliance Specialists report using a deep pool of skills on the job. Most notably, facility with Data Analysis, Insurance, and Export Compliance are correlated to pay that is significantly above average, leading to increases of 28 percent, 10 percent, and 8 percent, respectively. Skills that pay less than market rate include Microsoft Excel and Compliance. The majority of those who know Auditing also know Internal Audit and Legal Compliance. Those familiar with Regulatory Compliance tend to be well versed in Legal Compliance and Internal Audit.

Pay by Experience Level for Compliance Specialist

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


For Compliance Specialists, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $47K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $55K. On average, Compliance Specialists make $58K following one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $60K.

Pay Difference by Location

30%

28%

24%

19%

15%

8%

6%

-1%

-6%

National Average: $50,175

Larger city markers indicate a job is popular in that location.

For Compliance Specialists, Washington, New York, and Boston, three eastern American cities, are home to the highest salaries in the country, all offering a rate above the national average. Those in the field find the lowest salaries in Cleveland, 9 percent below the national average. Employers in Atlanta and Austin also lean toward paying below-median salaries (6 percent lower and 1 percent lower, respectively).

Compliance Specialist Reviews

Q: What is it like working as a Compliance Specialist?

Compliance Specialist in Minneapolis:
"Go getter."
Pros: Work culture and flexibility. So much to room to grow. Learning and development is highly encouraged.
Cons: Rewards. I think I should earn more. Given my level of education and skills.

Compliance Specialist in Hamel:
"Positive culture in a fast growing business."
Pros: The flexibility in reaching deadlines by using the best method possible.
Cons: Pay and micromanage.

Compliance Specialist in Manteca:
"Compliance Specialist."
Pros: Weekends off are nice. My office is quiet.
Cons: Way too much paperwork. If you get disorganized you fail.

Compliance Specialist in Austin:
"Potential Security Incidents - PHI/PII."
Pros: I like that I work with a select few who understand the psi process. Corporate culture, office conditions, management.
Cons: Routine, not much variety.

Related Job Salaries

Key Stats for Compliance Specialist

Gender

Female
72 %
Male
28 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 287 votes.
Less than 1 year
5%
1-4 years
48%
5-9 years
22%
10-19 years
18%
20 years or more
7%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Compliance Specialist Salaries




National Average
$50,000


Skills That Affect Compliance Specialist Salaries

Data Analysis
up arrow 28%

up arrow 10%





Trade Compliance
up arrow 4%





HIPAA Compliance
0%

National Average
$50,000

Microsoft Office
up arrow 2%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 287 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
5%
1-4 years
48%
5-9 years
22%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 70%
dental benefits
None: 11%
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