How Much Do Compliance Consultants Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary compliance consultants make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for compliance consultants and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of compliance consultants are offering as compensation.
Keep reading to learn more about how much compliance consultants can expect to make in the United States.
At a Glance: Salary & Jobs for Compliance Consultants
According to data from 2022, there were about 372,504 positions for compliance consultants in the United States. In terms of salary, the national median salary for compliance consultants was reported to be $71,698. Additionally, when examining job demand, employers across the country posted 80,711 job postings related to positions for compliance consultants.
How Much Money Do Compliance Consultants Make?
Median salary is just one data point. To build a better understanding of how much money compliance consultants and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for compliance consultants.
Annual Salary for Compliance Consultants
According to the BLS, the lowest earners for compliance consultants and related professions earned about $41,059 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $118,061 annually.
As mentioned previously, the median salary for compliance consultants in the United States in 2022 was $71,698.
Annual Salary Range For Compliance Consultants In 2022
Hourly Salary for Compliance Consultants
The BLS also breaks down compensation for compliance consultants by hourly salary, and the median average hourly pay for compliance consultants in 2022 was $34. Lowest hourly earners took home $20 while the highest reported hourly salaries for compliance consultants was $57.
Hourly Salary Range For Compliance Consultants In 2022
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Advertised Compensation for Compliance Consultants
Data from the BLS is one way to dig into compensation for compliance consultants, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for compliance consultants.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Compliance Consultants
Advertised Annual Salary
During a review of 96,954 job postings related to compliance consultants, advertised salary was included in 26,050 of them, which was 27%. Based on those postings, the median advertised salary for compliance consultants was $71,040 per year.
Hourly Salary from Job Postings for Compliance Consultants
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for compliance consultants. Based on 32% of postings with advertised compensation, the median hourly salary for open positions for compliance consultants in the United States is about $34.
Salary Trend for Compliance Consultants
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for compliance consultants. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for compliance consultants dating back to September 2019, advertised salaries for compliance consultants have increased 24%.
Advertised Wage Trend For Compliance Consultants
What's the Job Growth for Compliance Consultants?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for compliance consultants over the next 10 years.
According to the data obtained through Lightcast,™ there were 372,061 jobs for compliance consultants in the United States in 2022. By 2032, it is expected that about 37,787 jobs will be added. That's a 10.2% increase over the next 10-year period.
Employment Projections For Compliance Consultants
Additional Links
Ready to dig deeper into career information about compliance consultants? Visit our other pages focused on salary and education for compliance consultants.
What do compliance consultants do?
Compliance Consultants: How do you become one?
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