Internal Auditor Salary

Median pay for Internal Auditors in the United States lies in the neighborhood of $53K per year. With some bonuses and profit sharing proceeds approaching $6K each, total incomes of Internal Auditors generally range from $35K to $75K depending on individual performance. Compensation for this group is mainly affected by location, but the company and years of experience are influential factors as well. Job satisfaction for Internal Auditors is high. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Women make up a slight majority of Internal Auditors (50 percent) survey respondents.

$38,721 - $73,537
(Median)
$39K
$53K
$74K
MEDIAN: $52,632
10%
50%
90%

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$12.11 - $26.07
(Median)
$12
$17
$26
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
$38,721 - $73,537  
   
Bonus
$0.00 - $6,235  
Profit Sharing
$347.65 - $6,008  
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).
)
$34,512 - $75,012  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 2,332
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
$12.11 - $26.07  
   
Overtime
$15.61 - $37.03  
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 - $6,235  
   
Profit Sharing
$347.65 - $6,008  
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).
)
$34,512 - $75,012  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 403
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Job Description for Internal Auditor

Internal auditors work as an internal checkers for companies, as their findings and evaluations are primary tools for identifying strengths and weaknesses within an organization. To whom they report will vary from business to business, but it is generally an upper level of management or ownership, such as an Audit Committee of a Board of Directors. In publicly-traded companies, it is required by law that an internal auditor report to the CEO.

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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 experience a large salary bump if they progress into a role such as Internal Audit Director. The latter position pays an average of $120K annually. The most common next step for an Internal Auditor is to become a Senior Internal Auditor or an Internal Auditing Manager. The former position pays an additional $18K per year on average, and the latter position pays $40K more per year.

Internal Auditor Job Listings

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Popular Employer Salaries for Internal Auditor


Employees at Marsh & Mclennan Companies Inc enjoy the biggest paychecks, and $71K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $69K and higher ones not far away at only $74K.

Popular Skills for Internal Auditor


Internal Auditors seem to exploit a large range of skills on the job. Most notably, facility with Sarbanes-Oxley Compliance Audit, Sarbanes-Oxley (SOX) Audit, Information Technology (IT), and Accounting are correlated to pay that is significantly above average, leading to increases of 21 percent, 20 percent, and 17 percent, respectively. Skills that pay less than market rate include Windows Operating System General Use. Those familiar with Microsoft Excel also tend to know Internal Audit.

Pay by Experience Level for Internal Auditor

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


The average worker who claims fewer than five years of experience earns around $50K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $58K. People with 10 to 20 years of experience make an average of about $61K in this role. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $58K.

Pay Difference by Location


For Internal Auditors, working in the bustling city of New York has its advantages, including an above-average pay rate. Internal Auditors will also find cushy salaries in Washington (+30 percent), Los Angeles (+25 percent), Seattle (+20 percent), and Houston (+19 percent). Trailing the national average by 9 percent, Jacksonville is the market with the smallest paychecks. On the whole, employers pay 7 percent below the median salary for those in this field in Salt Lake City and Cleveland.

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Experience Affects Internal Auditor Salaries




National Average
$52,000


Skills That Affect Internal Auditor Salaries


Sarbanes-Oxley (SOX) Audit, Information Technology (IT)
up arrow 20%

Accounting
up arrow 17%





Internal Audit
up arrow 4%

Data Analysis
0%

Regulatory Compliance
0%

National Average
$52,000

Windows NT / 2000 / XP Networking
up arrow 1%

Microsoft Excel
up arrow 2%

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 473 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
8%
1-4 years
53%
5-9 years
22%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 10%
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