Compliance officers

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Total Workforce

279k

Average Age

45

Estimated Job Growth

8.22%

10-year projection

Average Salary

$79,793

Average Male Salary

$86,505

Average Female Salary

$73,672

About

Compliance officers are most often employed by the Administration of economic programs & space research industry. The average yearly wage for Compliance officers was $79,793 in 2016. The top 3 most similar occupations to Compliance officers by wage are Credit counselors & loan officers, Detectives & criminal investigators, and Producers & directors.

Compliance officers are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, Compliance officers, Cost estimators, Human resources workers, Logisticians, Management analysts, Meeting, convention, & event planners, Fundraisers, Compensation, benefits, & job analysis specialists, Training & development specialists, Market research analysts & marketing specialists, Business operations specialists, all other, Accountants & auditors, Appraisers & assessors of real estate, Budget analysts, Credit analysts, Financial analysts, Personal financial advisors, Insurance underwriters, Financial examiners, Credit counselors & loan officers, Tax examiners & collectors, & revenue agents, Tax preparers, and Other financial specialists

The top 3 locations that employ the most Compliance officers are Columbia (East), Ellicott City (Southeast) & Elkridge PUMA, MD, Biddeford & Saco Cities PUMA, ME, and Yuma City PUMA, AZ. The top 3 locations with a relatively high concentration of Compliance officers are Columbia (East), Ellicott City (Southeast) & Elkridge PUMA, MD, Biddeford & Saco Cities PUMA, ME, and Yuma City PUMA, AZ.

Employment

Information on the businesses and industries that employ Compliance officers and on wages and locations for those in the field. Administration of economic programs & space research is the industry that employs the most Compliance officers, both by share and by number, though the highest paid industry for Compliance officers, by average wage, is Pharmacies & drug stores. Compliance officers are paid most in Brooklyn Heights & Fort Greene PUMA, NY but are relatively concentrated in Columbia (East), Ellicott City (Southeast) & Elkridge PUMA, MD.

Wages

Yearly Wage

$79,793

AVERAGE SALARY

± $2,988

In 2017, Compliance officers earned an average of $79,793, $27,728 more than than the average national salary of $52,065.

Credit counselors & loan officers make somewhat more than Compliance officers while Detectives & criminal investigators make somewhat less. This chart shows the various occupations closest to Compliance officers as measured by average annual salary in the US.

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Wage Distribution

0.479

WAGE GINI

In 2017, Compliance officers had a wage GINI coefficient of 0.479, which is approximately the same as than the national average of 0.479. In other words, wages are distributed more evenly for Compliance officers (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Compliance officers.

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Spatial Concentration

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Compliance officers.

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Industries

Most Common

The most common industries employing Compliance officers, by number of employees, are Administration of economic programs & space research, Banking & related activities, and National security & international affairs.

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Highest Paying

The highest paying industries for Compliance officers, by average wage, are Pharmacies & drug stores, Professional & commercial equipment & supplies merchant wholesalers, and Air transportation.

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Industries by Share

279k

2017 Workforce

± 12,957

12.8%

1 YEAR GROWTH

± 6.01%

The number of people employed as Compliance officers has been growing at a rate of 12.8%, from 247,379 people in 2016 to 279,039 people in 2017.

This graphic shows the share of Compliance officers employed by various industries. Administration of economic programs & space research employs the largest share of Compliance officers at  10.2%, followed by Banking & related activities with 8.25% and National security & international affairs with 6.92%.

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Diversity

Demographic information on Compliance officers in the US. The average age of male Compliance officers in the workforce is 46.1 and of female Compliance officers is 44.1, and the most common race/ethnicity for Compliance officers is White.

Gender Composition

133k

MALE WORKFORCE

± 8,953

146k

FEMALE WORKFORCE

± 9,374

52.3% of Compliance officers are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Compliance officers.

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Race & Ethnicity

Most Common Race or Ethnicity of Compliance officers

  1. White

  2. Black

  3. Asian

77.6% of Compliance officers are White, making that the most common race or ethnicity in the occupation. Representing 11.1% of Compliance officers, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Compliance officers.

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Age by Gender

46.1

AVERAGE MALE AGE

± 0.816

44.1

AVERAGE FEMALE AGE

± 0.756

The median age of Compliance officers is 45, and Male employees are generally 1.95 years older than than their Female counterparts.

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Education

Data on higher education choices for Compliance officers from The Department of Education and Census Bureau. The most common major for Compliance officers is Business but a relatively high number of Compliance officers hold a major in Natural Resources & Conservation.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

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Skills

Data on the critical and distinctive skills necessary for Compliance officers from the Bureau of Labor Statistics. Compliance officers need many skills, but most especially Active Listening. The revealed comparative advantage (RCA) shows that Compliance officers need more than the average amount of Quality Control Analysis, Systems Evaluation, and Judgment and Decision Making.

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Growth Projections

Projections on wages and job growth for Compliance officers from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Compliance officers are expected to see a growth of 8.22% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

8.22%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Compliance officers. This profession is expected to grow faster than 7.4%, the average rate of national job growth.

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