Internal Auditor Salary

An average Internal Auditor in the United States can expect to take home roughly $53K per year. Final cash compensation to Internal Auditors varies from around $35K to approximately $76K; choice pay grades include potential for bonuses and profit sharing as high as $7K and $6K, respectively. Location is the main element affecting pay for this group — the company and experience level are driving factors as well. The majority of Internal Auditors claim high levels of job satisfaction. Women Internal Auditors who took the survey just slightly outnumber men. A large number report receiving medical coverage from their employers and most collect dental insurance.

$39,229 - $74,858
(Median)
$39K
$53K
$75K
MEDIAN: $53,323
10%
50%
90%

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$12.33 - $25.91
(Median)
$12
$17
$26
MEDIAN: $17.00
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
$39,229 - $74,858  
   
Bonus
$0.00 - $6,828  
Profit Sharing
$0.00 - $5,758  
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).
)
$34,988 - $76,492  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,514
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$13$26$39
Hourly Rate
$12.33 - $25.91  
   
Hourly Tips
$0.00  
Overtime
$15.61 - $38.60  
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$26K$52K$78K
Bonus
$0.00 - $6,828  
   
Profit Sharing
$0.00 - $5,758  
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).
)
$34,988 - $76,492  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 416
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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 who go on to become Internal Audit Directors may see their salaries climb quite a bit. Median pay for Internal Audit Directors is $121K annually. A common career progression for an Internal Auditor is to become a Senior Internal Auditor or an Internal Auditing Manager. Compared to Internal Auditors, the first group earns $17K more on average, and the second group earns $41K more.

Internal Auditor Job Listings

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Popular Employer Salaries for Internal Auditor


Marsh & Mclennan Companies Inc offers the best pay with a median salary of $71K, though salaries there don't seem that varied, bottoming out near $69K and maxing out at just $74K.

Not only do salaries lack room to grow — pay ranges from $46K to just $65K — but KPMG, LLP offers the lowest pay in town to boot, with a median paycheck of $52K.

Popular Skills for Internal Auditor


Internal Auditors seem to wield many skills on the job. Most notably, facility with Sarbanes-Oxley, Sarbanes-Oxley (SOX) Compliance Audit, and Accounting are correlated to pay that is significantly above average, leading to increases of 20 percent, 19 percent, and 16 percent, respectively. Skills that pay less than market rate include Windows Operating System General Use, Windows NT / 2000 / XP Networking, and Microsoft Word. The majority of those who know Microsoft Excel also know Internal Audit.

Pay by Experience Level for Internal Auditor

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


Workers in their first five years can expect to earn $51K, but people who have been around for five to 10 years earn a noticeably bigger sum of $59K. On average, Internal Auditors make $62K following one to two decades on the job. Survey participants with more than twenty years of experience only make around $58K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location

National Average: $52,574

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

Internal Auditors will find that New York offers an impressive pay rate, one which exceeds the national average by 35 percent. Internal Auditors will also find cushy salaries in Washington (+32 percent), Seattle (+28 percent), Houston (+20 percent), and Denver (+19 percent). Salt Lake City is the lowest-paying area, 8 percent south of the national average. Cleveland and Columbus are a couple other places where companies are known to pay below the median — salaries are 8 percent lower and 6 percent lower, respectively.

Related Job Salaries

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Experience Affects Internal Auditor Salaries




National Average
$53,000


Skills That Affect Internal Auditor Salaries

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


Accounting
up arrow 16%





Regulatory Compliance
up arrow 4%

Internal Audit
up arrow 3%

Data Analysis
0%

National Average
$53,000

Microsoft Excel
up arrow 3%

Microsoft Office
up arrow 3%

Microsoft Word
up arrow 3%

Windows NT / 2000 / XP Networking
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 431 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
9%
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%
medical benefits
Vision: 68%
dental benefits
None: 9%
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