The average salary for a Compliance Specialist is $56,028.
Is Compliance Specialist your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.
$39k - $82k
$304 - $10k
$3 - $7k
$0 - $250
$35k - $81k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
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. Compliance specialists typically work in a heath care facility such as a hospital or doctor's office; because they typically work in a setting with many o…Read more
Compliance Specialist Tasks
- Research, develop and recommend strategic advice to ensure companies align with all applicable laws and regulations.
- Responsible for the coordination and completion of all government, regulatory, and compliance documents for all business units in an organization.
- Ensure relevant documents are in compliance with established guidelines and standards.
Job Satisfaction for Compliance Specialist
Popular Employer Salaries for Compliance Specialist
The top respondents for the job title Compliance Specialist are from the companies Medline Industries, Inc., Bank of America Corp. (BOFA) and Cigna Corporation. Reported salaries are highest at Bank of America Corporation where the average pay is $74,276. Other companies that offer high salaries for this role include Bank of America Corp. (BOFA) and Cigna Corporation, earning around $72,826 and $63,984, respectively. AmerisourceBergen Corp. pays the lowest at around $40,500. J.P. Morgan Chase & Co. (JPMCC) and Medline Industries, Inc. also pay on the lower end of the scale, paying $50,868 and $51,727, respectively.
Compliance Specialist Job Listings
Search for more jobs
Popular Skills for Compliance Specialist
Oral / Verbal Communication
Skills in Regulatory Compliance, Legal Compliance and Oral / Verbal Communication are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel and Auditing.
Pay by Experience Level for Compliance Specialist
An entry-level Compliance Specialist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $46,582 based on 174 salaries. An early career Compliance Specialist with 1-4 years of experience earns an average total compensation of $52,506 based on 1,812 salaries. A mid-career Compliance Specialist with 5-9 years of experience earns an average total compensation of $59,943 based on 884 salaries. An experienced Compliance Specialist with 10-19 years of experience earns an average total compensation of $63,911 based on 699 salaries. In their late career (20 years and higher), employees earn an average total compensation of $64,409.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Compliance Specialist in their job title in New York, New York earn an average of 18.8% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (16.3% more) and Chicago, Illinois (7.4% more). The lowest salaries can be found in Dallas, Texas (3.6% less), Houston, Texas (3.1% less) and Atlanta, Georgia (2.9% less).
Years of Experience
This data is based on 3,848 survey responses.
Related Job Salaries
$28k - $55k
$33k - $68k
$48k - $111k
$41k - $102k
$46k - $93k
$28k - $53k
$40k - $70k
$45k - $81k
$42k - $84k
$38k - $78k