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Compliance Specialist Salary

For Compliance Specialists, yearly average wages total $51K annually. In the world of Compliance Specialists, overall cash allowance can occasionally include more than $7K from bonuses and, in some exceptional cases, $5K from profit sharing, causing incomes to vary widely between $32K and $75K. The most influential factor affecting pay for this group is geographic location, though the specific employer and tenure have a (lesser) impact as well. Job satisfaction is high and work is enjoyable for most Compliance Specialists. Most Compliance Specialists survey respondents are women (73 percent). Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Respondents to the PayScale salary survey provided the data for this report.
$35,356 - $76,538
(Median)
35K
42K
51K
63K
77K
MEDIAN: $51,231
10%
25%
50%
75%
90%

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$12.53 - $25.01
(Median)
13
15
17
21
25
MEDIAN: $17.00
10%
25%
50%
75%
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
$35,356 - $76,538  
   
Bonus
$0.00 - $7,188  
Profit Sharing
$199.11 - $5,166  
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).
)
$31,960 - $75,131  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,150
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$14$28$42
Hourly Rate
$12.53 - $25.01  
   
Overtime
$14.62 - $39.25  
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$28K$56K$84K
Bonus
$0.00 - $7,188  
   
Profit Sharing
$199.11 - $5,166  
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).
)
$31,960 - $75,131  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 398
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.

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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 may experience if they take an upper-level role like Chief Compliance Officer. The position pays an average $100K annually. Compliance Specialists moving up in their careers tend to step into positions as Compliance Officers or Compliance Managers. The median paychecks in those roles are $4K higher and $25K higher, respectively.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Popular Skills for Compliance Specialist


Survey participants wield an impressively varied skill set on the job. Most notably, facility with Human Resources, HIPAA Compliance, and Safety Compliance are correlated to pay that is significantly above average, leading to increases of 22 percent, 16 percent, and 6 percent, respectively. Skills that seem to negatively impact pay include Microsoft Excel. Those proficient in Auditing are, more often than not, also skilled 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.


For Compliance Specialists, experience does not seem to be a major factor in determining pay. 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 $52K. After working for 10 to 20 years, Compliance Specialists make a median salary of $55K. As Compliance Specialists reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $61K.

Pay Difference by Location


Home to some of the best pay for Compliance Specialists, New York offers exceptional salaries, 39 percent above the national average. Compliance Specialists can also look forward to large paychecks in cities like Charlotte (+36 percent), Pittsburgh (+29 percent), Boston (+19 percent), and Seattle (+16 percent). With compensation 5 percent below the national average, Columbus is not known for hefty paychecks and actually represents the lowest-paying market.

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

Experience Affects Compliance Specialist Salaries




National Average
$48,000


Skills That Affect Compliance Specialist Salaries

Human Resources
up arrow 22%

HIPAA Compliance
up arrow 16%

Safety Compliance
up arrow 6%

Legal Compliance
up arrow 3%

Training
up arrow 3%

Regulatory Compliance
up arrow 2%

Internal Audit
up arrow 2%

Auditing
0%

National Average
$48,000

Compliance (Financial)
up arrow 2%

Legal Research
up arrow 3%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 344 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
18%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 80%
vision benefits Vision: 65% employee benefits None: 11%