Compliance Officer Salary in the United States

1. Are compliance officers in demand?

Yes, compliance officers are in demand. Employment in this field is projected to grow by 5% from 2023 to 2033, aligning with the average for all occupations. Annually, around 34,400 openings for compliance officers are expected. The salary range for this role typically falls between $78,300 and $118,000, with a median salary of $94,200.

2. What degree is best for compliance?

A degree in Business Administration or Management is highly relevant for Compliance Officers, as it offers a solid understanding of business operations and management principles. With salaries ranging from $78,300 to $118,000, this field presents lucrative opportunities for those equipped with the right educational background.

3. Is a compliance officer the same as HR?

While both roles require a thorough understanding of HR policies and procedures, a Compliance Officer focuses on legal compliance, earning between $78,300 and $118,000, with a median salary of $94,200. In contrast, an HR Manager has a more strategic and operational focus, often involving broader organizational responsibilities.

4. Is compliance officer a hard job?

Compliance officers often find their roles challenging due to the need to navigate complex regulatory demands. They face pressure from leadership to mitigate risks and ensure compliance, while also dealing with resistance from colleagues who may see their work as unnecessary. Despite these challenges, the role offers a competitive salary range, with a minimum of $78,300, a mid-range of $94,200, and a maximum of $118,000.

5. Do compliance officers get bonuses?

Compliance officers often receive bonuses, typically ranging from 5% to 20% of their base salary. Given the salary data, this could mean bonuses between approximately $3,915 and $23,600, depending on performance and the size of the firm. Larger companies are more likely to offer these bonuses compared to smaller ones.

6. What are the highest paying compliance jobs?

High-paying compliance jobs include roles such as Compliance Officer, with salaries ranging from $78,300 to $118,000 per year. Other lucrative positions are Compliance Examiner, Compliance Review Specialist, and Senior Compliance Analyst, which typically offer competitive salaries within similar ranges. These roles are essential for ensuring regulatory adherence and risk management in organizations.