Internal Auditor Salary

Internal Auditors in the United States can expect wages of $56K per year on average. Final cash compensation to Internal Auditors varies from around $37K to approximately $78K; choice pay grades include potential for bonuses and profit sharing as high as $8K and $7K, respectively. Geographic location is the main element affecting pay for this group — the company and tenure are driving factors as well. Women make up a slight majority of Internal Auditors (54 percent) survey respondents. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Most Internal Auditors like their work and job satisfaction is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$41,167 - $78,076
$41K
$57K
$78K
MEDIAN: $56,871
10%
50%
90%

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$12.63 - $27.25
$13
$19
$27
MEDIAN: $19.14
10%
50%
90%

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$0$78K
Salary $41,167 - $78,076
Bonus $146.81 - $8,195
Profit Sharing $0.00 - $5,548
Commission $5,200
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).
)
$37,666 - $78,679
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 1,586
Hourly Data $0$41
Hourly Rate $12.63 - $27.25
Hourly Tips $0.40
Overtime $15.58 - $41.37
Annual Data $0$78K
Bonus $146.81 - $8,195
Commission $5,200
Profit Sharing $0.00 - $5,548
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).
)
$37,666 - $78,679
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 297

Find Out Exactly What You Should Be Paid

United States (change)

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

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

Common Career Paths for Internal Auditor


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Internal Auditors sometimes assume positions such as Internal Audit Directors. That role pays $123K per year on average. Senior Internal Auditors or Internal Auditing Managers are common next-step roles for Internal Auditors moving up in their careers; annual pay for Senior Internal Auditors is $15K higher on average, and it's $39K higher for Internal Auditing Managers.

Internal Auditor Job Listings

Popular Employer Salaries for Internal Auditor


Internal Auditors fill the offices of leading firms Marsh & Mclennan Companies Inc, Protiviti Incorporated, J.P. Morgan Chase & Co. (JPMCC), KPMG, LLP, and EY (Ernst & Young). 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, skills in Sarbanes-Oxley Compliance Audit, Windows NT / 2000 / XP Networking, Risk Management / Risk Control, and Compliance are correlated to pay that is above average, with boosts between 5 percent and 7 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Quality Assurance / Quality Control and Windows Operating System General Use also typically command lower compensation. Most people skilled in Internal Audit are similarly competent in Microsoft Office.

Pay by Experience Level for Internal Auditor

Pay by Experience for an Internal Auditor has a positive trend. An entry-level Internal Auditor with less than 5 years of experience can expect to earn an average total compensation of $53,000 based on 1,358 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Internal Auditor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $61,000 based on 446 salaries. An experienced Internal Auditor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $67,000 based on 232 salaries. An Internal Auditor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $61,000 based on 79 salaries.

Pay Difference by Location

National Average: $55,577

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 32 percent. Internal Auditors will also find cushy salaries in Seattle (+16 percent), Chicago (+15 percent), Houston (+15 percent), and Boston (+12 percent). Those in the field find the lowest salaries in Pittsburgh, 11 percent below the national average. A couple other locations with smaller-than-average paychecks include Columbus and Cleveland (7 percent lower).

Internal Auditor Reviews

Q: What is it like working as an Internal Auditor?

Internal Auditor in Tampa:
"Good manager, corporate culture, life balance."
Pros: The investigative part and the attention to details.
Cons: Sometimes when we have down time could be boring.

Internal Auditor in Birmingham:
Pros: Broad experience, see the company from many different angles.
Cons: Stigma with being an Auditor. No one likes to be audited.

Internal Auditor in Salina:
Pros: My coworkers and the work I do.
Cons: Politics of the facility as a whole and the pay range.

Internal Auditor in North Creek:
Pros:
Cons: Lack of corporate structure and atmosphere.

Related Job Salaries

Key Stats for Internal Auditor

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 268 votes.
Less than 1 year
8%
1-4 years
56%
5-9 years
19%
10-19 years
11%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Internal Auditor Salaries

▲20%

▲10%

▲10%

National Average
$56,000

▼5%

Skills That Affect Internal Auditor Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 268 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
8%
1-4 years
56%
5-9 years
19%
10-19 years
11%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
no benefits
None: 11%
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