A person working as Compliance Specialist in District of Columbia typically earns around 68,200 USD. Salaries range from 33,400 USD (lowest) to 106,000 USD (highest).
This is the average salary including housing, transport, and other benefits. Compliance Specialist salaries in District of Columbia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 33,400 USD |
Median 63,600 USD |
Maximum 106,000 USD |
Salaries for the position Compliance Specialist in District of Columbia range from 33,400 USD (starting salary) to 106,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 63,600 USD, half of the professionals who work as Compliance Specialist in District of Columbia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Compliance Specialist in District of Columbia earn less than 52,000 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 72,800 USD while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Compliance Specialist in District of Columbia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 39,700 USD to 55,900 USD. About 20% of salaries are below the 39,700 USD mark, while 10% fall within the range of 55,900 USD to 63,300 USD. Only 5% of individuals have salaries exceeding 63,300 USD.
0 - 2 Years | 39,600 USD | |
2 - 5 Years | +29% | 51,000 USD |
5 - 10 Years | +38% | 70,300 USD |
10 - 15 Years | +24% | 87,100 USD |
15 - 20 Years | +7% | 93,300 USD |
20+ Years | +7% | 99,500 USD |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Compliance Specialist and this is what we found.
Employees with less than two years of experience earn approximately 39,600 USD.
While someone with an experience level between two and five years is expected to earn 51,000 USD, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 70,300 USD, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 87,100 USD, 24% 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 93,300 USD, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 99,500 USD, 7% more than people with fifteen to twenty years of experience.
High School | 49,500 USD | |
Certificate or Diploma | +15% | 56,800 USD |
Bachelor's Degree | +35% | 76,500 USD |
Master's Degree | +26% | 96,200 USD |
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 salaries by education level for the position Compliance Specialist in order to make a comparison.
Employees at this education level have an average salary of 49,500 USD.
At this level, the average salary becomes 56,800 USD, 15% more than the previous level.
At this level, the average salary becomes 76,500 USD, 35% more than the previous level.
At this level, the average salary becomes 96,200 USD, 26% more than the previous level.
A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD 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 to a higher-paying job. The numbers seem to support the theory. 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Compliance Specialist in United States, the average difference between the salary of male and female employees is 4%.
Male | 80,400 USD | |
Female | -4% | 77,000 USD |
Individuals working as Compliance Specialist in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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.
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
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
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.
The main two types of jobs | |
Revenue Generators | Supporting 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: | Example: |
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.
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.
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 fixed 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.
The minimum pay rate per hour for people working as Compliance Specialist in District of Columbia is 16 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Real Estate | -100% | |
3D Printing Home Building Engineer | 80,400 USD | +18% |
Acquisition Associate | 72,000 USD | +6% |
Assistant Leasing Manager | 90,600 USD | +33% |
Assistant Property Manager | 97,400 USD | +43% |
Brokerage | 69,500 USD | +2% |
Brokerage Clerk | 35,700 USD | -48% |
Co-Living Space Manager | 77,800 USD | +14% |
Commercial Leasing Manager | 140,000 USD | +110% |
Commercial Real Estate Manager | 159,000 USD | +130% |
Community Development Manager | 136,000 USD | +99% |
Compliance Specialist | 68,200 USD | -0% |
Development Coordinator | 66,700 USD | -2% |
Director of Real Estate | 166,000 USD | +140% |
Foreclosure Consultant | 95,600 USD | +40% |
Lease Administrator | 90,700 USD | +33% |
Leasing Agent | 73,700 USD | +8% |
Leasing Consultant | 89,700 USD | +31% |
Leasing Manager | 102,000 USD | +49% |
Lettings Assistant | 34,500 USD | -49% |
Portfolio Analyst | 117,000 USD | +71% |
Portfolio Manager | 173,000 USD | +150% |
Property Acquisition Agent | 61,600 USD | -10% |
Property and Claims Specialist | 90,800 USD | +33% |
Property Manager | 103,000 USD | +51% |
Property Operations Manager | 155,000 USD | +130% |
Property Tax Assistant | 72,400 USD | +6% |
PropTech Consultant | 86,400 USD | +27% |
Real Estate Administrator | 80,400 USD | +18% |
Real Estate Agent | 73,700 USD | +8% |
Real Estate Analyst | 91,300 USD | +34% |
Real Estate Appraiser | 75,800 USD | +11% |
Real Estate Assistant | 72,000 USD | +6% |
Real Estate Association Manager | 96,900 USD | +42% |
Real Estate Broker | 67,700 USD | -1% |
Real Estate Data Analyst | 78,300 USD | +15% |
Real Estate General Manager | 142,000 USD | +110% |
Real Estate Project Director | 135,000 USD | +98% |
Real Estate Project Manager | 123,000 USD | +80% |
Real Estate Sales Agent | 71,800 USD | +5% |
Real Estate Valuer | 75,800 USD | +11% |
Real State Compliance Officer | 79,700 USD | +17% |
Research Analyst | 65,700 USD | -4% |
Residential Advisor | 83,100 USD | +22% |
Residential Property Manager | 104,000 USD | +52% |
Shopping Center Manager | 159,000 USD | +130% |
Short-Term Rental Manager | 92,000 USD | +35% |
Smart Home Consultant | 86,800 USD | +27% |
Town Planner | 148,000 USD | +120% |
Vacation Rental Manager | 88,500 USD | +30% |
Virtual Tour Producer | 79,700 USD | +17% |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.
Private Sector | 92,800 USD | |
Public Sector | +5% | 97,500 USD |
A good and competitive compensation would range anywhere between 63,600 USD and 72,800 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Compliance Specialist in District of Columbia ranges from 33,400 USD to 52,000 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
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