Compliance Specialist Salary

Compliance Specialists in the United States pull down an average of $52K per year. With some bonuses approaching $7K and certain profit sharing proceeds approaching $5K, overall incomes of Compliance Specialists spread between $33K and $76K depending on individual performance. The most important factor affecting compensation for this group is geographic location, followed by the company and experience level. Female Compliance Specialists make up most of the survey respondents at 73 percent. A large number report receiving medical coverage from their employers and most collect dental insurance. Most Compliance Specialists report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$36,111 - $76,495
(Median)
$36K
$52K
$76K
MEDIAN: $51,641
10%
50%
90%

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$13.05 - $24.87
(Median)
$13
$17
$25
MEDIAN: $17.00
10%
50%
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$26K$52K$78K
Salary
$36,111 - $76,495  
   
Bonus
$0.00 - $7,498  
Profit Sharing
$197.27 - $4,973  
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).
)
$32,657 - $75,500  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,236
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$13$26$39
Hourly Rate
$13.05 - $24.87  
   
Overtime
$12.37 - $37.75  
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$26K$52K$78K
Bonus
$0.00 - $7,498  
   
Profit Sharing
$197.27 - $4,973  
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).
)
$32,657 - $75,500  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 405
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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

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

Common Career Paths for Compliance Specialist


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Though it's uncommon, some Compliance Specialists move into roles as Chief Compliance Officers, where pay is an average $100K per year. When Compliance Specialists are ready for the next step in their careers, they often become Compliance Officers or Compliance Managers. Those roles pay an additional $3K and $25K, respectively.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Popular Skills for Compliance Specialist


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Human Resources, Safety Compliance, Legal Research, and Legal Compliance are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that pay less than market rate include Microsoft Excel. A tool kit that includes Regulatory Compliance also typically contains Legal Compliance and Internal Audit. Most people experienced in Auditing also know Internal Audit and Legal Compliance.

Pay by Experience Level for Compliance Specialist

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


Compliance Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Workers in their first five years can expect to earn $45K, but people who have been around for five to 10 years earn a noticeably bigger sum of $53K. Compliance Specialists see a median salary of $57K after reaching one to two decades on the job. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $58K on average.

Pay Difference by Location


For Compliance Specialists, Charlotte provides a pay rate that is 45 percent greater than the national average. Compliance Specialists will also find cushy salaries in New York (+41 percent), Pittsburgh (+28 percent), Chicago (+21 percent), and Dallas (+17 percent). Austin is the lowest-paying area, 16 percent south of the national average. Two other places where employers offer below-median salaries are Atlanta (7 percent less) and Nashville (2 percent less).

Compliance Specialist Reviews

What is it like working as a Compliance Specialist?

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

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Experience Affects Compliance Specialist Salaries




National Average
$49,000


Skills That Affect Compliance Specialist Salaries

Human Resources
up arrow 8%

Safety Compliance
up arrow 5%

Legal Compliance
up arrow 4%

Legal Research
up arrow 4%

Internal Audit
up arrow 2%

Training
up arrow 2%

Regulatory Compliance
up arrow 1%

HIPAA Compliance
up arrow 1%

Auditing
0%

National Average
$49,000

Compliance (Financial)
up arrow 2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 310 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
4%
1-4 years
46%
5-9 years
27%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 80%
vision benefits Vision: 67% employee benefits None: 11%
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