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Internal Auditor Salary

Internal Auditors in the United States can expect wages of $52K per year on average. Overall incomes of Internal Auditors generally bottom out at around $34K and peak near $74K; the final number can, in exceptional cases, include upwards of $6K each for bonuses and profit sharing proceeds. Geography and tenure each impact pay for this group, with the former having the largest influence. Women make up a slight majority of Internal Auditors (52 percent) survey respondents. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Job satisfaction is reported as high by the vast majority of workers.
$37,855 - $72,047
(Median)
38K
44K
52K
62K
72K
MEDIAN: $51,842
10%
25%
50%
75%
90%

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$11.82 - $25.68
(Median)
12
14
17
20
26
MEDIAN: $16.00
10%
25%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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$25K$50K$75K
Salary
$37,855 - $72,047  
   
Bonus
$0.00 - $6,167  
Profit Sharing
$502 - $6,216  
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).
)
$34,018 - $73,568  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 2,313
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
$11.82 - $25.68  
   
Overtime
$15.37 - $36.19  
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 - $6,167  
   
Profit Sharing
$502 - $6,216  
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).
)
$34,018 - $73,568  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 404
United States (change)

Job Description for Internal Auditor

An internal auditor's primarily responsibility is to protect a company from incurring any penalties enforced by the IRS. Companies often have so much money coming from so many places that it is easy to miss something in their paperwork and the proper taxes might not be paid. Internal auditors review all of this information before taxes are actually taken care of.

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Internal Auditor Tasks

  • Evaluate and document existing or proposed procedures and controls.
  • Provide management with recommendations for policy, procedure and practice improvements.
  • Conduct operational, compliance, financial and SOX audits within an organization.
  • Acts as a liaison for audits with internal departments as well as outside auditors.

Common Career Paths for Internal Auditor


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Internal Auditors may go on to top-notch roles like Internal Audit Director, where median pay is $119K annually. Internal Auditors typically move into roles as Senior Internal Auditors or Internal Auditing Managers, and those positions pay $18K more and $40K more, respectively.

Internal Auditor Job Listings

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Popular Skills for Internal Auditor


Survey respondents exploit a significant toolbox of skills in their work. Lucky workers who know Sarbanes-Oxley Compliance Audit can expect a significant pay bump, scoring salaries 23 percent above average. Sarbanes-Oxley (SOX) Audit, Information Technology (IT) and Accounting are also correlated to pay that is above average, with increases between 18 percent and 23 percent. At the other end of the pay range are skills like Quality Assurance / Quality Control and Windows Operating System General Use. For most people, competency in Microsoft Excel indicates knowledge of Internal Audit.

Pay by Experience Level for Internal Auditor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Respondents with less than five years' experience take home $49K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $56K. Internal Auditors claiming one to two decades of experience make an estimated median of $60K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $57K.

Pay Difference by Location


Surpassing the national average by 37 percent, Internal Auditors in New York receive some of the highest pay in the country. Internal Auditors will also find cushy salaries in Washington (+28 percent), Los Angeles (+22 percent), Seattle (+19 percent), and Houston (+17 percent). With compensation 10 percent below the national average, Tampa is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Cleveland and Jacksonville earn salaries that trail the national average for those in this profession (8 percent less and 3 percent less, respectively).

Related Job Salaries

Experience Affects Internal Auditor Salaries




National Average
$51,000


Skills That Affect Internal Auditor Salaries


Sarbanes-Oxley (SOX) Audit, Information Technology (IT)
up arrow 23%

Accounting
up arrow 18%


up arrow 11%



Financial Analysis
up arrow 4%

Data Analysis
up arrow 1%

Windows NT / 2000 / XP Networking
0%

National Average
$51,000

Microsoft Office
up arrow 1%

Microsoft Excel
up arrow 2%

Microsoft Word
up arrow 2%

Windows Operating System General Use
up arrow 4%

Quality Assurance / Quality Control
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 599 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
9%
1-4 years
53%
5-9 years
22%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 80%
vision benefits Vision: 66% employee benefits None: 9%