Compliance Specialist Salary (United States)

Approximately one-half of Compliance Specialists are relatively junior in their careers, reporting less than five years' experience and an average income of $47,823 annually. Pay starts at $32,008 and can approach $75,104 per year on the higher side. Geographic location is the main element affecting pay for this group—tenure and the specific company are driving factors as well. The greater part report receiving medical coverage from their employers and a solid majority collect dental insurance. Female Compliance Specialists make up most of the field at 73 percent. The majority of workers are highly satisfied with their job. This report is based on responses to the PayScale salary survey.
Compliance Specialist 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.
)
$35,078 - $76,606
(Median)
35K
41K
51K
63K
77K
MEDIAN: $51,074
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Compliance Specialist 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.
)
$12.73 - $24.51
(Median)
13
15
17
20
25
MEDIAN: $17.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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
$35,078 - $76,606  
   
Bonus
$0.00 - $7,157  
Profit Sharing
$250.00 - $7,500  
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).
)
$32,008 - $75,104  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,132
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
$12.73 - $24.51  
   
Overtime
$12.16 - $38.12  
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 - $7,157  
   
Profit Sharing
$250.00 - $7,500  
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).
)
$32,008 - $75,104  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 398
Is Compliance Specialist your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

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.
Read More...
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

Add this chart to your site:   640px 640px    300px 300px   Copy and paste this HTML:
Compliance Specialists' salaries may rise greatly in accordance with career advancement. Those who assume a higher-end position such as a Chief Compliance Officer may get paid an extra $53K per year. The most common next step for Compliance Specialists is moving into roles as Select Compliance Officers or Compliance Managers, where they can expect an extra $4,098 or $25K per year.

Compliance Specialist Job Listings

Search for more jobs:
job title / company
location

Popular Employer Salaries for Compliance Specialist

For Compliance Specialists, comfortable salaries can be found at Bank of America Corp. (BOFA); in fact, typical earnings are around $73,394, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($46K versus $82K) is great. The consistently lowest paying firm on the list is The PNC Financial Services Group, Inc., where the median salary is just $57,651.

Popular Skills for Compliance Specialist

Compliance Specialists report using a wide range of professional skills. Most notably, facility with HIPAA Compliance, Safety Compliance, and Internal Audit are correlated to pay that is significantly above average, leading to increases of 21 percent, 9 percent, and 4 percent, respectively. Skills that pay less than market rate include Microsoft Excel and Compliance (Financial). For most people, competency in Auditing indicates knowledge of Internal Audit and Legal Compliance. Most people skilled in Regulatory Compliance are similarly competent 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, experience is not a major factor in determining pay, and incremental pay growth is standard. At career start, salaries are typically $44K, which grows to $53K after five to 10 years. Those with one to two decades of experience under their belt tend to see salaries around $56K. Though salary increases are not as strong, pay continues to grow slightly for Compliance Specialists after two decades on the job, and average earnings come to $61K. Experienced employees who have 10-20 years of experience make up 17 percent of the workforce; inexperienced individuals who have been working for less than one year comprise less than five percent, and senior people with more than 20 years under their belt fill out the remaining 6 percent. Between one and nine years of experience is the norm for people in this field—most of those surveyed fit this bill.

Pay Difference By Location

New York
up arrow 39%
Charlotte
up arrow 30%
Dallas
up arrow 20%
up arrow 19%
Pittsburgh
up arrow 17%
Chicago
up arrow 13%
up arrow 13%
Philadelphia
up arrow 12%
San Diego
up arrow 9%
Denver
up arrow 6%
Houston
up arrow 5%
Portland
up arrow 2%
National Average
$48,000
Atlanta
up arrow 4%
Milwaukee
up arrow 5%
St. Louis
up arrow 8%
Larger circles over a city indicate a job is popular in that location.
For Compliance Specialists, working in the bustling city of New York has its advantages, including an above-average pay rate. Other urban areas shelling out big bucks include Charlotte, Dallas, Boston, and Pittsburgh, where Compliance Specialists typically earn around 30 percent, 20 percent, 19 percent, and 17 percent more than usual. With compensation 8 percent below the national average, St. Louis is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Milwaukee and Atlanta earn salaries that trail the national average for those in this profession (-5 percent and -4 percent).

Compliance Specialist Reviews

What is it like working as a Compliance Specialist?
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

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Compliance Specialist Salaries

National Average
$48,000

Skills That Affect Compliance Specialist Salaries

HIPAA Compliance
up arrow 21%
Safety Compliance
up arrow 9%
Legal Compliance
up arrow 4%
Internal Audit
up arrow 4%
Regulatory Compliance
up arrow 3%
Auditing
up arrow 2%
National Average
$48,000
Legal Research
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 358 votes.

Gender

Female
73%
female alumni
 
Male
27%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
46%
5-9 years
26%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 80%
vision benefits Vision: 64% employee benefits None: 11%