Compliance Specialists in the United States take home an average $53K annually. The income range spans the entire spectrum between $33K and $77K per year. In the world of Compliance Specialists, total cash compensation can vary between $33K and $77K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $5K, respectively. The most influential factor affecting pay for this group is the company, though geography and experience level have a (lesser) impact as well. Work is enjoyable for Compliance Specialists, who typically claim high levels of job satisfaction. Most Compliance Specialists survey respondents are women (73 percent). Medical benefits are awarded to most, and a strong majority earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.
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$36,872 - $77,253
(Median)
$37K
$53K
$77K
MEDIAN: $53,052
10%
50%
90%

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$13.70 - $26.06
(Median)
$14
$18
$26
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$36,872 - $77,253  
   
Bonus
$0.00 - $9,662  
Profit Sharing
$0.00 - $5,128  
Commission
$0.00  
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).
)
$33,438 - $76,858  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 1,228
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$13.70 - $26.06  
   
Overtime
$19.35 - $41.11  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $9,662  
   
Commission
$0.00  
Profit Sharing
$0.00 - $5,128  
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).
)
$33,438 - $76,858  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 431
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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 $102K per year on average. When Compliance Specialists are ready for the next step in their careers, they often become Compliance Managers or Compliance Analysts. Those roles pay an additional $24K and $1K, respectively.

Compliance Specialist Job Listings

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Popular Employer Salaries for Compliance Specialist


Bank of America Corp. (BOFA), The PNC Financial Services Group, Inc., Medtronic, Inc., J.P. Morgan Chase & Co. (JPMCC), and Cigna Corporation are among the top companies that take on many Compliance Specialists. Pay for Compliance Specialists is best at Bank of America Corp. (BOFA), which offers a median salary of $81K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $59K to $102K.

Popular Skills for Compliance Specialist


Survey takers working as Compliance Specialists report using a large range of professional skills. Most notably, skills in Insurance, Export Compliance, Human Resources, and Legal Research are correlated to pay that is above average, with boosts in pay of 9 percent. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Writing Procedures & Documentation and Customer Service also typically command lower compensation. Most people skilled in Regulatory Compliance are similarly competent in Legal Compliance and Internal Audit. 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.


Relatively untried employees who have less than five years' experience make $47K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $54K. Compliance Specialists bring in $58K after working for 10 to 20 years. Compliance Specialists who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Pay Difference by Location

National Average: $50,004

Larger city markers indicate a job is popular in that location.

For Compliance Specialists, busy New York offers a higher-than-average pay rate, 32 percent above the national average. Compliance Specialists can also look forward to large paychecks in cities like Charlotte (+26 percent), Los Angeles (+25 percent), Philadelphia (+25 percent), and Chicago (+23 percent). Indianapolis ranks last in the field for pay, reporting salaries 19 percent below the national average. Below-median salaries also turn up in Cleveland and Atlanta (9 percent lower and 5 percent lower, respectively).

Compliance Specialist Reviews

What is it like working as a Compliance Specialist?

Compliance Specialist in Minneapolis:
"Go getter."
Pros: Work culture and flexibility. So much to room to grow. Learning and development is highly encouraged.
Cons: Rewards. I think I should earn more. Given my level of education and skills.

Compliance Specialist in Hamel:
"Positive culture in a fast growing business."
Pros: The flexibility in reaching deadlines by using the best method possible.
Cons: Pay and micromanage.

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
$50,000


Skills That Affect Compliance Specialist Salaries



Human Resources
up arrow 8%


Internal Audit
up arrow 4%

Regulatory Compliance
up arrow 1%

Auditing
0%

Legal Compliance
0%

Oral / Verbal Communication
0%

National Average
$50,000

HIPAA Compliance
up arrow 1%



Customer Service
up arrow 11%

Writing Procedures & Documentation
up arrow 19%

Microsoft Office
up arrow 26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 278 votes.

Gender

Female
73 %
Male
27 %

Years of Experience

Less than 1 year
5%
1-4 years
49%
5-9 years
22%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 69%
dental benefits
None: 12%
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