Compliance Officer Salary


How Much Does a Compliance Officer Make?

On average, a Compliance Officer make $72,850 a year. The lowest-paid 10 percent made $38,920, while the top-paid 10 percent made $109,950.

Annually National Average Salary: $72,850

$38K
$51K
$72K
$91K
$109K
10%
25%
50%
75%
90%

* Based on information from the May 2019 salary report from the BLS.




Salary by State

  • Annually
  • Monthly
  • Hourly

Annual Salary by State

State10% Annual25% AnnualAvg. Annual75% Annual90% Annual
Alabama$36,000$48,100$68,010$85,610$104,710
Alaska$52,050$61,790$81,740$96,360$111,970
Arizona$38,740$50,650$68,890$86,210$102,290
Arkansas$34,460$41,700$58,510$70,970$93,360
California$46,810$59,430$82,310$99,100$120,300
Colorado$43,280$54,630$74,460$91,030$113,880
Connecticut$49,380$63,020$87,240$100,460$127,450
Delaware$40,680$51,290$76,950$97,530$122,170
District of Columbia$58,100$72,570$94,110$109,890$126,590
Florida$32,740$40,960$64,910$85,790$102,870
Georgia$32,710$42,750$63,380$82,200$100,790
Hawaii$39,130$51,950$69,510$87,870$100,090
Idaho$30,330$38,400$60,410$80,160$99,790
Illinois$40,920$55,050$75,670$94,600$115,670
Indiana$33,190$43,650$64,020$80,640$101,310
Iowa$39,290$50,440$64,300$76,300$91,910
Kansas$34,070$44,400$61,750$74,460$96,590
Kentucky$32,740$42,720$59,690$75,830$94,060
Louisiana$32,710$43,590$62,330$78,810$97,840
Maine$41,360$50,590$68,960$85,600$94,740
Maryland$41,860$55,320$77,760$96,880$116,370
Massachusetts$49,410$61,650$83,780$101,420$123,880
Michigan$40,870$54,460$71,180$91,010$99,050
Minnesota$50,850$60,360$78,310$93,590$111,780
Mississippi$26,650$33,780$54,460$69,140$91,730
Missouri$35,250$45,050$65,790$83,690$101,890
Montana$38,390$46,480$65,020$81,810$96,860
Nebraska$38,970$48,880$67,450$83,180$98,890
Nevada$41,850$52,640$69,800$86,440$100,520
New Hampshire$44,400$55,960$75,410$90,530$114,680
New Jersey$47,050$60,710$84,860$100,840$126,060
New Mexico$35,380$44,680$65,470$85,720$100,880
New York$43,440$55,200$78,240$95,250$114,630
North Carolina$39,360$47,840$67,760$82,420$102,330
North Dakota$45,590$54,180$70,430$85,610$98,900
Ohio$39,870$49,730$68,710$83,030$104,960
Oklahoma$33,860$42,810$58,690$69,160$92,200
Oregon$40,790$53,440$70,320$83,180$103,180
Pennsylvania$41,290$53,220$73,650$91,920$114,330
Rhode Island$51,530$58,670$78,840$96,370$113,990
South Carolina$30,130$41,520$62,630$79,150$100,830
South Dakota$40,020$45,890$58,550$65,780$83,470
Tennessee$32,250$40,880$61,440$75,840$101,470
Texas$41,000$51,500$74,080$92,170$107,010
Utah$33,300$40,290$59,870$75,610$99,620
Vermont$41,370$50,610$69,640$85,610$95,970
Virginia$41,890$53,390$76,540$96,790$117,390
Washington$36,990$52,550$71,900$91,210$112,130
West Virginia$32,470$39,640$56,440$69,480$92,020
Wisconsin$41,740$50,320$65,160$76,850$96,170
Wyoming$38,560$49,020$66,510$82,830$100,570
Guam$33,980$43,630$66,930$85,610$89,470
Puerto Rico$22,450$29,950$48,530$62,080$88,050
Virgin Islands$33,400$41,360$63,700$85,590$91,720

Annual Average Salary: Top 5 States

The top earning state in the field is District of Columbia, where the average salary is $94,110.

These are the top 5 earning states in the field:

District of Columbia - $94,110
Connecticut - $87,240
New Jersey - $84,860
Massachusetts - $83,780
California - $82,310

Compliance Officers: Salary Overview

Compliance officers ensure that a company complies with regulations and legal requirements and internal policies and bylaws.

They are employed by companies in order to help them maintain policies and procedures.

A compliance officer’s job description may include reviewing and setting standards, writing and updating the company’s internal policies, and leading internal audits to ensure that those procedures are followed.

Their role within the company is very important because if they overlook infractions this may result in significant fines for the company.

According to the Bureau of Labor Statistics, the median annual wage for this profession was $69,050 as of May 2019 which means that half of all workers in this profession earned less than this amount while half earned more.

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The top 10 percent of compliance officers earned more than $109,950 a year while the lowest 10 percent made less than $38,920.

Experience level, education, the industry, and the region of employment are some of the factors that determine a compliance officer’s salary.

Earning a bachelor’s or a master’s degree may help you improve your earnings prospects as a compliance officer.

Compliance Officer Salary by Industry

According to the Bureau of Labor Statistics, the biggest employers for compliance officers were the federal executive branch, state governments, local governments, and companies that provide management services for other companies and enterprises.

The report shows that the average annual wage reported by compliance officers in the federal executive branch was $82,960.

The average annual wage was $57,810 for compliance officers who worked for state governments and $60,710 for those who worked for local governments.

Compliance officers employed by companies in the industry of management of companies and enterprises reported an average annual salary of $79,140.

Another field where you may find employment as a compliance officer is the industry of credit intermediation and related activities.

In this sector, the average annual wage for compliance officers was $74,140.

The report published by BLS shows that the highest-paying industry for compliance officers was metal oil mining.

The average annual wage for compliance officers in this sector was $111,640.

The second-highest average annual salary was reported by compliance officers who worked for computer and peripheral equipment manufacturers.

In this sector, the average annual wage was $92,010 as of May 2019.

Salaries for this profession also vary depending on the region of employment.

According to BLS, the top-paying state for this occupation was the District of Columbia, where the average annual wage reported by compliance officers was $94,110.

Other top-paying states for compliance officers are Connecticut, New Jersey, Massachusets, and California, states where these workers reportedly earned more than $80,000 a year, on average.

Compliance officers in Mississippi, Arkansas, Oklahoma, South Dakota, Utah, Kentucky, and West Virginia, on the other hand, reported average annual wages that were below the $60,000 mark.

Salaries for compliance officers also depend on the size of the company.

For example, compliance officers who work for a large company earn a higher salary and may also receive additional benefits, such as bonuses and profit-sharing, which increase the total compensation.

Bonuses and Other Benefits

According to payscale.com compliance officers reportedly earned $13,500 a year in commission, $4,925 in bonuses, and $2,806 in profit sharing.

These additional benefits also vary depending on the compliance officer’s experience level and how many years he/she has worked for the company, among other factors.

The report published in August 2020 by Payscale shows that compliance officers may earn between less than $1000 and $18,000 in bonuses, between less than $1,000 and $8,000 in profit sharing, and between $0 and $14,000 in commissions.

The report shows that health benefits are quite common among compliance officers.

Around 83 percent of them reported that they are medically insured, and 73 percent of them reportedly had dental insurance.

* Based on information from the May 2019 salary report from the BLS. The figures represent accumulated data for all states of employment for Compliance Officers. BLS data represents averages and medians for workers at all levels of education and experience. This data doesn't represent starting salaries.

* Employment conditions in your area may vary.


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