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Compliance Specialist Average Salary in District of Columbia 2024

How much money does a person working as Compliance Specialist make in District of Columbia?


Average Yearly Salary
68,200 USD
( 5,690 USD monthly)

LOW
33,400
USD
AVERAGE
68,200
USD
HIGH
106,000
USD
All salary figures displayed here are per year except when noted otherwise.
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.

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).


Salary Variance

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.



Compliance Specialist Pay Scale and Salaries in District of Columbia

Median and salary distribution District of Columbia Compliance Specialist yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
63,300 USD or more
10% of people earn
55,900 to 63,300 USD
20% of people earn
39,700 USD or less
65% of people earn
39,700 to 55,900 USD
Minimum Salary
33,400 USD
Median
63,600 USD
Maximum
106,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    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.

  • Median Salary

    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.

  • Percentiles and Salary Scale

    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.

  • Pay Scale Structure

    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.

Salary Comparison by Years of Experience / Compliance Specialist / District of Columbia

How do experience and age affect pay?

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
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly District of Columbia Compliance Specialist
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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.


All salary figures displayed here are per year except when noted otherwise.

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.

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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Compliance Specialist / District of Columbia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Compliance Specialist.

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
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly District of Columbia Compliance Specialist
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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 salaries by education level for the position Compliance Specialist in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 49,500 USD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 56,800 USD, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 76,500 USD, 35% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 96,200 USD, 26% more than the previous level.



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 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Compliance Specialist / District of Columbia

Salary comparison by gender United States Compliance Specialist yearly
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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? 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
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Compliance Specialist / District of Columbia

How much are annual salary increments in District of Columbia for individuals working as Compliance Specialist? How often do employees get salary raises?

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.

Annual Salary Increment Rate United States Compliance Specialist
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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.

United States / All Professions

Annual Salary Increment Rate United States
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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.

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 United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

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.



Bonus and Incentive Rates / Compliance Specialist / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Compliance Specialist
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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%

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.

Average Hourly Wage / Compliance Specialist / District of Columbia


33 USD per hour

The average hourly wage (pay per hour) for individuals working as Compliance Specialist in District of Columbia is 33 USD.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

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.

Salary comparison with similar jobs

Job TitleAverage Salary
Real Estate-100%
3D Printing Home Building Engineer80,400 USD+18%
Acquisition Associate72,000 USD+6%
Assistant Leasing Manager90,600 USD+33%
Assistant Property Manager97,400 USD+43%
Brokerage69,500 USD+2%
Brokerage Clerk35,700 USD-48%
Co-Living Space Manager77,800 USD+14%
Commercial Leasing Manager140,000 USD+110%
Commercial Real Estate Manager159,000 USD+130%
Community Development Manager136,000 USD+99%
Compliance Specialist68,200 USD-0%
Development Coordinator66,700 USD-2%
Director of Real Estate166,000 USD+140%
Foreclosure Consultant95,600 USD+40%
Lease Administrator90,700 USD+33%
Leasing Agent73,700 USD+8%
Leasing Consultant89,700 USD+31%
Leasing Manager102,000 USD+49%
Lettings Assistant34,500 USD-49%
Portfolio Analyst 117,000 USD+71%
Portfolio Manager173,000 USD+150%
Property Acquisition Agent61,600 USD-10%
Property and Claims Specialist90,800 USD+33%
Property Manager103,000 USD+51%
Property Operations Manager155,000 USD+130%
Property Tax Assistant72,400 USD+6%
PropTech Consultant86,400 USD+27%
Real Estate Administrator80,400 USD+18%
Real Estate Agent73,700 USD+8%
Real Estate Analyst91,300 USD+34%
Real Estate Appraiser75,800 USD+11%
Real Estate Assistant72,000 USD+6%
Real Estate Association Manager96,900 USD+42%
Real Estate Broker67,700 USD-1%
Real Estate Data Analyst78,300 USD+15%
Real Estate General Manager142,000 USD+110%
Real Estate Project Director135,000 USD+98%
Real Estate Project Manager123,000 USD+80%
Real Estate Sales Agent71,800 USD+5%
Real Estate Valuer75,800 USD+11%
Real State Compliance Officer79,700 USD+17%
Research Analyst65,700 USD-4%
Residential Advisor83,100 USD+22%
Residential Property Manager104,000 USD+52%
Shopping Center Manager159,000 USD+130%
Short-Term Rental Manager92,000 USD+35%
Smart Home Consultant86,800 USD+27%
Town Planner148,000 USD+120%
Vacation Rental Manager88,500 USD+30%
Virtual Tour Producer79,700 USD+17%

Government vs Private Sector Salary Comparison

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
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Compliance Specialist in District of Columbia?

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.

Gross Salary (before tax) and Net Salary (after tax)

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.

Base / Basic Salary

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.


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

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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