Download the 2023 Compliance Compensation Report for the Latest Average Compliance Officer Salary Data
BarkerGilmore’s annual 2023 Compliance Compensation report provides compliance leaders the ability to compare pay with peers and aids legal leaders and human resources departments in attracting and retaining top talent by explaining competitive compensation packages.
This data was assembled through an anonymous survey of compliance professionals at varying levels of seniority and organization type.
Stay Competitive: Compliance Salary Trends
1. Total Compliance Compensation Trends:
The median total compensation was up 10% from 2021 for all industries, across all positions. Base compensation was up 8%, with a 14% increase in LTI (long-term incentives) from 2021.
2. Salary Increases Across Industry:
Base salaries saw a raise across all industries for all compliance positions. The industrial and manufacturing industry saw the highest increase at 7%, with the consumer and technology industries close behind at 6%. Compliance officers in the professional services industry saw the lowest average base salary increase at 4%.
3. Attending a Top Law School Meant Higher Pay:
On average, compliance officers who went to Top 50 law schools make 55% more than law schools ranked 100+. Compliance lawyers with Am Top 50 law firm experience make 85% more in total compensation than lawyers who worked for a small or boutique law firm.
4. Compliance Compensation by Gender:
In 2022, male respondents reported a slightly higher compensation rate than their female peers. While bonuses and LTI were equitable, our survey found a 2% higher base salary and 1.7% higher total compensation for men.
5. Industry Highs & Lows:
This year saw interesting changes and new industry leaders. Download BarkerGilmore’s 2023 Compliance Compensation Report to see the industries that pay the most and the least.
Download the Full Compliance Officer Compensation Report
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