Regulatory Affairs Director Salary
Regulatory Affairs Directors in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $131K) surpassing six figures annually. Including potential for bonuses and profit sharing — peaking near $40K and $21K, respectively — total cash payment to Regulatory Affairs Directors can bottom out near $85K or peak near $212K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career length. Women make up the majority of Regulatory Affairs Directors (62 percent) who completed the questionnaire. The majority of Regulatory Affairs Directors claim high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.
|Salary||$84,529 - $181,100|
|Bonus||$2,354 - $39,429|
|Profit Sharing||$0.00 - $25,000|
|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).)
|$85,706 - $206,598|
Job Description for Regulatory Affairs Director
All businesses must operate within parameters established by internal regulations and relevant laws. Some businesses, such as food production and medicine, are governed by more (and stricter) laws; for these organizations, it is especially important to ensure regulations are constantly and consistently followed. The director of regulatory affairs directs their organization's development of internal regulatory policies, and they monitor internal practices to ensure all of the organization's operations remain in compliance with government regulations. The director also work with regulatory agencies, as required, to address concerns. Additionally, most companies have a regulatory affairs committee, which the director of regulatory affairs coordinates.Read More...
As non-compliance with laws and regulations may lead to significant problems for a company, the director of regulatory affairs must pay close attention to detail and possess the managerial talents to coordinate regulatory team members. The director of regulatory affairs must have a strong working knowledge of all regulations and laws relevant to the company's industry, and they must remain up to date on developments that may alter or add to existing rules. The position may require significant amounts of travel, depending on the size of the business and interaction with regulatory agencies.
A bachelor's degree in a field relevant to the business is generally required for this position, as is experience in that field (preferably in a regulatory capacity). Many regulatory directors hold a master's degree or higher as well. The director of regulatory affairs must continue their education after hiring to ensure current understanding of the regulations governing their industry. (Copyright 2017 PayScale.com)
Regulatory Affairs Director Tasks
- Provide appropriate communication and guidance to management and other internal functional areas responsible for submitting required regulatory documentation.
- Develop company regulatory strategy.
- Advise the company on the regulatory aspects and climate that would affect proposed activities.
- Serve as primary regulatory representative responsible for facilitating all regulatory agency interactions.
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Pay by Experience Level for Regulatory Affairs Director
Pay by Experience for a Regulatory Affairs Director has a positive trend. An entry-level Regulatory Affairs Director with less than 5 years of experience can expect to earn an average total compensation of $101,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regulatory Affairs Director with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $120,000 based on 85 salaries. An experienced Regulatory Affairs Director which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $152,000 based on 179 salaries. A Regulatory Affairs Director with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $149,000 based on 83 salaries.
Pay Difference by Location
For Regulatory Affairs Directors, busy San Francisco offers a higher-than-average pay rate, 48 percent above the national average. Regulatory Affairs Directors can also look forward to large paychecks in cities like Irvine (+26 percent), Minneapolis (+23 percent), Houston (+23 percent), and San Diego (+19 percent). Those in the field find the lowest salaries in Los Angeles, 17 percent below the national average. Workers in Dallas and Washington earn salaries that trail the national average for those in this profession (17 percent less and 6 percent less, respectively).
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