Compliance Specialist Salary in 2024

Salary details

The average Compliance Specialist salary lies between USD 83,424 and USD 135,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Dec. 15, 2024

Salary trend

Top 20 Job Tags for Compliance Specialist roles

The three most common job tag items assiciated with Compliance Specialist job listings are Compliance, Audits and Risk management. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 274 jobs Audits | 153 jobs Risk management | 113 jobs ISO 27001 | 103 jobs Risk assessment | 102 jobs Cloud | 90 jobs CISSP | 88 jobs NIST | 87 jobs Governance | 83 jobs Privacy | 82 jobs CISA | 77 jobs Monitoring | 77 jobs Computer Science | 73 jobs CISM | 67 jobs SOC 2 | 58 jobs SOC | 46 jobs Analytics | 43 jobs Strategy | 39 jobs Automation | 39 jobs GDPR | 38 jobs

Top 20 Job Perks/Benefits for Compliance Specialist roles

The three most common job benefits and perks assiciated with Compliance Specialist job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 165 jobs Health care | 119 jobs Flex hours | 101 jobs Competitive pay | 66 jobs Team events | 65 jobs Equity / stock options | 57 jobs Insurance | 54 jobs Parental leave | 52 jobs Salary bonus | 50 jobs Flex vacation | 43 jobs Startup environment | 41 jobs Medical leave | 40 jobs 401(k) matching | 29 jobs Wellness | 29 jobs Fitness / gym | 14 jobs Transparency | 9 jobs Relocation support | 9 jobs Conferences | 8 jobs Gear | 7 jobs Flexible spending account | 7 jobs

Salary Composition

The salary for a Compliance Specialist in InfoSec/Cyber Security typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The fixed salary is the largest component and varies significantly based on region, industry, and company size. For instance, specialists in tech hubs like Silicon Valley or New York may receive higher base salaries compared to those in smaller markets. Bonuses are often tied to individual or company performance and can range from 5% to 20% of the base salary. Additional remuneration might include benefits like health insurance, retirement contributions, and sometimes equity in the company, especially in startups or large tech firms.

Increasing Salary

To increase your salary from the Compliance Specialist position, consider pursuing advanced certifications or further education, such as a master's degree in cybersecurity or business administration. Gaining experience in high-demand areas like cloud security or data privacy can also make you more valuable. Networking within the industry and seeking roles with greater responsibility, such as Compliance Manager or Director of Compliance, can lead to higher pay. Additionally, demonstrating leadership skills and contributing to significant projects can position you for promotions and salary increases.

Educational Requirements

Most Compliance Specialist roles require at least a bachelor's degree in a related field such as computer science, information technology, or cybersecurity. Some positions may accept degrees in business or law, especially if supplemented with relevant experience or certifications. A master's degree can be advantageous and is sometimes preferred for higher-level positions.

Helpful Certifications

Certifications are highly valued in the InfoSec/Cyber Security field. Common and beneficial certifications for a Compliance Specialist include:

• Certified Information Systems Security Professional (CISSP)
• Certified Information Security Manager (CISM)
• Certified Information Systems Auditor (CISA)
• Certified in Risk and Information Systems Control (CRISC)
• Certified Data Privacy Solutions Engineer (CDPSE)

These certifications demonstrate expertise and commitment to the field, often leading to better job prospects and higher salaries.

Required Experience

Typically, a Compliance Specialist position requires 3-5 years of experience in information security, IT audit, or a related field. Experience in compliance roles, understanding regulatory requirements, and familiarity with frameworks like ISO 27001, NIST, or GDPR are often necessary. Experience in specific industries, such as finance or healthcare, can also be beneficial due to the unique compliance requirements in these sectors.

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