Compliance Specialist Salary

Compliance Specialists in the United States can expect to earn an average of $52K per year. Total cash compensation to Compliance Specialists bottoms out near $33K and approaches $76K on the high end; the biggest paychecks include approximately $8K from bonuses and almost $5K from profit sharing. Location is the main element affecting pay for this group — the company and tenure are driving factors as well. Female Compliance Specialists make up most of the survey respondents at 74 percent. The majority of workers are highly satisfied with their job. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. This snapshot results from replies to PayScale's salary survey.
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$36,064 - $76,530
(Median)
$36K
$52K
$77K
MEDIAN: $51,643
10%
50%
90%

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$12.99 - $24.92
(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
$36,064 - $76,530  
   
Bonus
$0.00 - $7,552  
Profit Sharing
$197.74 - $4,966  
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).
)
$32,541 - $75,687  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,246
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
$12.99 - $24.92  
   
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 - $7,552  
   
Profit Sharing
$197.74 - $4,966  
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).
)
$32,541 - $75,687  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 409
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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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While Compliance Specialists do not often become Chief Compliance Officers, the job pays $100K per year on average. Typical career progression for a Compliance Specialist involves becoming a Compliance Officer or a Compliance Manager, roles that pay $3K more and $25K more on average.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Popular Skills for Compliance Specialist


Compliance Specialists seem to exploit a large range of skills on the job. Most notably, skills in Human Resources, Safety Compliance, Legal Compliance, and Legal Research are correlated to pay that is above average, with boosts between 5 percent and 8 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel. Most people familiar with Regulatory Compliance also know Legal Compliance and Internal Audit. For most people, competency in Auditing indicates knowledge of 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 a lot of experience do not necessarily enjoy more money. Those in the early stages of their career can expect to make around $45K; however, individuals with five to 10 years of experience bring in $53K on average — a distinctly larger sum. Compliance Specialists who work for 10 to 20 years in their occupation tend to earn about $57K. 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 $59K on average.

Pay Difference by Location


Compliance Specialists will find that Charlotte offers an impressive pay rate, one which exceeds the national average by 45 percent. Compliance Specialists will also find cushy salaries in New York (+44 percent), Pittsburgh (+28 percent), Chicago (+21 percent), and Dallas (+17 percent). Those in the field find the lowest salaries in Austin, 14 percent below the national average. Workers in Atlanta and Nashville earn salaries that trail the national average for those in this profession (7 percent less and 2 percent less, 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.

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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%

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 1%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 309 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
6%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 80%
vision benefits Vision: 67% employee benefits None: 11%
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