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Internal Compliance Officer Average Salary in India 2022

How much money does an Internal Compliance Officer make in India?


Average Monthly Salary
20,000 INR
( 239,000 INR yearly)

LOW
9,980
INR
AVERAGE
20,000
INR
HIGH
30,900
INR

A person working as an Internal Compliance Officer in India typically earns around 20,000 INR per month. Salaries range from 9,980 INR (lowest) to 30,900 INR (highest).

This is the average monthly salary including housing, transport, and other benefits. Internal Compliance Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Internal Compliance Officer Salary Distribution in India

Median and salary distribution monthly India Internal Compliance Officer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Internal Compliance Officer salaries in India range from 9,980 INR per month (minimum salary) to 30,900 INR per month (maximum salary).

  • Median Salary

    The median salary is 20,000 INR per month, which means that half (50%) of people working as Internal Compliance Officer(s) are earning less than 20,000 INR while the other half are earning more than 20,000 INR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Internal Compliance Officer(s) are earning less than 13,500 INR while 75% of them are earning more than 13,500 INR. Also from the diagram, 75% of Internal Compliance Officer(s) are earning less than 25,400 INR while 25% are earning more than 25,400 INR.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Internal Compliance Officer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly India Internal Compliance Officer
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Internal Compliance Officer salaries by experience level and this is what we found.

An Internal Compliance Officer with less than two years of experience makes approximately 12,000 INR per month.

While someone with an experience level between two and five years is expected to earn 15,800 INR per month, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 21,200 INR per month, 34% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Internal Compliance Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 25,300 INR per month, 19% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 27,300 INR per month, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 29,200 INR per month, 7% more than people with fifteen to twenty years of experience.


Internal Compliance Officer average salary change by experience in India

0 - 2 Years
12,000 INR
2 - 5 Years+32%
15,800 INR
5 - 10 Years+34%
21,200 INR
10 - 15 Years+19%
25,300 INR
15 - 20 Years+8%
27,300 INR
20+ Years+7%
29,200 INR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Internal Compliance Officer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Internal Compliance Officer(s) who have the same experience but different education levels.

Salary comparison by education level monthly India Internal Compliance Officer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Internal Compliance Officer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of an Internal Compliance Officer is 17,100 INR per month.

While someone with a Master's Degree gets a salary of 26,900 INR per month, 58% more than someone having a Bachelor's Degree degree.


Internal Compliance Officer average salary difference by education level in India

Bachelor's Degree
17,100 INR
Master's Degree+58%
26,900 INR
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in India costs anywhere from 160,000 Indian Rupee(s) to 479,000 Indian Rupee(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Internal Compliance Officer Salary Comparison By Gender

Salary comparison by gender monthly India Internal Compliance Officer
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Internal Compliance Officer employees in India earn 7% more than their female counterparts on average.

Male
20,500 INR
Female-6%
19,200 INR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in India for all Careers

Salary comparison by gender monthly India
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Internal Compliance Officer Average Annual Salary Increment Percentage in India

How much are annual salary increments in India for Internal Compliance Officer(s)? How often do employees get salary raises?

Internal Compliance Officer

Internal Compliance Officer(s) in India are likely to observe a salary increase of approximately 11% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate India Internal Compliance Officer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

India / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in India is 7%.

Annual Increment Rate By Industry 2021

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in India for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Internal Compliance Officer Bonus and Incentive Rates in India

How much and how often are bonuses being awarded?Annual Salary Bonus Rate India Internal Compliance Officer
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An Internal Compliance Officer is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

71% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 29% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 3% of their annual salary.

Received Bonus
29%
No Bonus
71%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Internal Compliance Officer Average Hourly Wage in India


120 INR per hour

The average hourly wage (pay per hour) in India is 120 INR. This means that the average Internal Compliance Officer in India earns approximately 120 INR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Internal Compliance Officer VS Other Jobs

Salary Comparison Between Internal Compliance Officer and Quality Control and Compliance monthly India
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The average salary for Internal Compliance Officer is 33% less than that of Quality Control and Compliance. Also, Quality Control and Compliance salaries are 7% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Approval Team Manager37,200 INR+86%
Assistant Quality Manager34,200 INR+71%
Document Control Officer15,000 INR-25%
Document Control Specialist17,800 INR-11%
HACCP Coordinator18,100 INR-9%
Inspection Supervisor31,300 INR+57%
Internal Compliance Officer20,000 INR+0%
Product Complaints Associate20,700 INR+4%
Product Owner34,400 INR+72%
QMS Coordinator21,400 INR+7%
Quality and Safety Site Leader36,000 INR+80%
Quality Assurance Administrator32,100 INR+61%
Quality Assurance Analyst36,000 INR+80%
Quality Assurance Executive47,500 INR+140%
Quality Assurance Inspector31,300 INR+57%
Quality Assurance Manager52,300 INR+160%
Quality Assurance Specialist32,100 INR+61%
Quality Assurance Technician18,100 INR-9%
Quality Assurance Tester18,300 INR-8%
Quality Control Analyst32,500 INR+63%
Quality Control Auditor29,000 INR+45%
Quality Control Chemist35,600 INR+78%
Quality Control Coordinator21,400 INR+7%
Quality Control Engineer19,700 INR-1%
Quality Control Supervisor36,000 INR+80%
Quality Data Analyst29,700 INR+49%
Quality Director52,300 INR+160%
Quality Improvement Coordinator21,400 INR+7%
Quality Manager52,300 INR+160%
Quality Surveyor29,500 INR+48%
Quality Trainer35,200 INR+76%
Six Sigma Black Belt41,200 INR+110%

Salary Comparison By City

CityAverage Salary
agra18,200 INR
Ahmadabad22,500 INR
Bangalore21,600 INR
Bhopal20,700 INR
Chennai22,200 INR
Coimbatore18,700 INR
Delhi23,900 INR
Ghaziabad19,100 INR
Hyderabad22,200 INR
Indore19,900 INR
Jaipur22,100 INR
Kanpur20,400 INR
Kolkata20,800 INR
Lucknow21,700 INR
Ludhiana18,800 INR
Madurai18,400 INR
Mumbai22,900 INR
Nagpur20,400 INR
Patna19,300 INR
Pimpri-Chinchwad19,900 INR
Pune22,300 INR
Surat20,800 INR
Vadodara18,900 INR
Visakhapatnam19,800 INR

Salary Comparison By State

StateAverage Salary
Andaman & Nicobar Islands17,100 INR
Andhra Pradesh23,200 INR
Arunachal Pradesh18,600 INR
Assam22,400 INR
Bihar23,800 INR
Chandigarh18,700 INR
Chhatisgarh21,000 INR
Dadra & Nagar Haveli18,300 INR
Daman & Diu17,000 INR
Delhi21,400 INR
Goa18,500 INR
Gujarat23,700 INR
Haryana20,700 INR
Himachal Pradesh20,800 INR
Jammu & Kashmir20,300 INR
Jharkhand23,100 INR
Karnataka22,800 INR
Kerala22,900 INR
Lakshadweep17,000 INR
Madhya Pradesh22,400 INR
Maharashtra24,000 INR
Manipur18,600 INR
Meghalaya19,400 INR
Mizoram17,400 INR
Nagaland19,200 INR
Orissa21,300 INR
Pondicherry18,600 INR
Punjab20,500 INR
Rajasthan23,500 INR
Sikkim17,200 INR
Tamil Nadu23,400 INR
Tripura19,000 INR
Uttar Pradesh23,500 INR
Uttaranchal20,400 INR
West Bengal24,100 INR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
31,000 INR
Public Sector+5%
32,700 INR
Percentage increase and decrease are relative to the previous value

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