Compliance Specialist Salary

Median pay for Compliance Specialists in the United States is around $52K per year. Total cash compensation to Compliance Specialists approaches anywhere from $32K on the lower end to $76K on the higher end; in exceptional cases, this can include more than $7K from bonuses and upwards of $5K from profit sharing. The most influential factor affecting pay for this group is location, though the company and tenure have a (lesser) impact as well. The majority of Compliance Specialists claim high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Most Compliance Specialists survey respondents are women (74 percent). The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$35,721 - $76,659
(Median)
$36K
$52K
$77K
MEDIAN: $51,623
10%
50%
90%

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$12.75 - $24.95
(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
$35,721 - $76,659  
   
Bonus
$0.00 - $7,207  
Profit Sharing
$200.00 - $5,152  
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).
)
$32,299 - $75,834  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,189
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
$12.75 - $24.95  
   
Overtime
$13.09 - $38.01  
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 - $7,207  
   
Profit Sharing
$200.00 - $5,152  
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).
)
$32,299 - $75,834  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 399

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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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Compliance Specialists who advance into the role of a Chief Compliance Officer are fairly uncommon. Chief Compliance Officers on average earn $101K per year. A common career progression for a Compliance Specialist is to become a Compliance Officer or a Compliance Manager. Compared to Compliance Specialists, the first group earns $3K more on average, and the second group earns $25K more.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Popular Skills for Compliance Specialist


Survey takers working as Compliance Specialists report using a large range of professional skills. Most notably, facility with Human Resources, HIPAA Compliance, and Safety Compliance are correlated to pay that is significantly above average, leading to increases of 21 percent, 7 percent, and 5 percent, respectively. Skills that seem to negatively impact pay include Microsoft Excel. Most people skilled in Regulatory Compliance are similarly competent in Legal Compliance and Internal Audit. Most people skilled in Auditing are similarly competent in 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. Salaries of relatively inexperienced workers fall in the neighborhood of $45K, but folks who have racked up five to 10 years see a notably higher median of $53K. Compliance Specialists who work for 10 to 20 years in their occupation tend to earn about $57K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $59K.

Pay Difference by Location


Surpassing the national average by 42 percent, Compliance Specialists in Charlotte receive some of the highest pay in the country. Compliance Specialists will also find cushy salaries in New York (+34 percent), Pittsburgh (+27 percent), Chicago (+19 percent), and Dallas (+17 percent). With compensation 10 percent below the national average, St. Louis is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Atlanta and Columbus (7 percent lower and 5 percent lower, respectively).

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

United States (change)

Experience Affects Compliance Specialist Salaries




National Average
$49,000


Skills That Affect Compliance Specialist Salaries

Human Resources
up arrow 21%

HIPAA Compliance
up arrow 7%

Safety Compliance
up arrow 5%

Legal Compliance
up arrow 4%

Internal Audit
up arrow 2%

Training
up arrow 2%

Regulatory Compliance
up arrow 1%

Auditing
0%

Legal Research
0%

National Average
$49,000

Compliance (Financial)
up arrow 3%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 326 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 66% employee benefits None: 11%