Compliance Reviewer Average Salary in Sydney 2024
How much money does a person working as Compliance Reviewer make in Sydney?
LOW
43,800
AUD AVERAGE
95,100
AUD HIGH
151,000
AUD
A person working as Compliance Reviewer in Sydney typically earns around 95,100 AUD. Salaries range from 43,800 AUD (lowest) to 151,000 AUD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Compliance Reviewer salaries in Sydney vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Compliance Reviewer Pay Scale and Salaries in Sydney
Salary Structure and Pay Scale Comparison
90,200 AUD or more
79,000 to 90,200 AUD
54,400 AUD or less
54,400 to 79,000 AUD
 43,800 AUD |
90,900 AUD |
151,000 AUD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Compliance Reviewer in Sydney range from 43,800 AUD (starting salary) to 151,000 AUD (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 90,900 AUD, half of the professionals who work as Compliance Reviewer in Sydney 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 Reviewer in Sydney earn less than 73,300 AUD, while 75% earn more. Similarly, the chart shows that 75% earn less than 105,000 AUD 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 Reviewer in Sydney compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 54,400 AUD to 79,000 AUD. About 20% of salaries are below the 54,400 AUD mark, while 10% fall within the range of 79,000 AUD to 90,200 AUD. Only 5% of individuals have salaries exceeding 90,200 AUD.
Salary Comparison by Years of Experience / Compliance Reviewer / Sydney
How do experience and age affect pay?
| 0 - 2 Years | 49,700 AUD | |
| 2 - 5 Years | +34% | 66,300 AUD |
| 5 - 10 Years | +48% | 98,000 AUD |
| 10 - 15 Years | +22% | 120,000 AUD |
| 15 - 20 Years | +9% | 130,000 AUD |
| 20+ Years | +8% | 141,000 AUD |
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 Reviewer and this is what we found.
Employees with less than two years of experience earn approximately 49,700 AUD.
While someone with an experience level between two and five years is expected to earn 66,300 AUD, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 98,000 AUD, 48% 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 120,000 AUD, 22% 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 130,000 AUD, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 141,000 AUD, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Compliance Reviewer / Sydney
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Compliance Reviewer.
| Certificate or Diploma | 56,700 AUD | |
| Bachelor's Degree | +57% | 88,900 AUD |
| Master's Degree | +68% | 149,000 AUD |
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 Reviewer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 56,700 AUD.
Level 2: Bachelor's Degree
At this level, the average salary becomes 88,900 AUD, 57% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 149,000 AUD, 68% 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 Australia costs anywhere from 38,000 AUD to 114,000 AUD 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 and Compensation Comparison By Gender / Compliance Reviewer / Sydney
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 Reviewer in Australia, the average difference between the salary of male and female employees is 5%.
| Male | 91,100 AUD | |
| Female | -5% | 86,400 AUD |
Salary Comparison By Gender in Australia for all Careers
Average Annual Salary Increment Percentage / Compliance Reviewer / Sydney
How much are annual salary increments in Sydney for individuals working as Compliance Reviewer? How often do employees get salary raises?
Individuals working as Compliance Reviewer in Australia 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.
Australia / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 Reviewer / Australia
How much and how often are bonuses being awarded?
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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 BonusesThe 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.
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 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.
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 Reviewer / Sydney
46 AUD per hourThe average hourly wage (pay per hour) for individuals working as Compliance Reviewer in Sydney is 46 AUD.This is the rate they get paid for every worked hour.
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 Reviewer in Sydney is 21 AUD. 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 Title | Average Salary |
| Insurance |  -100% | |
| Actuarial Analyst | 133,000 AUD |  +40% |
| Actuarial Assistant | 102,000 AUD | +7% |
| Actuarial Specialist | 102,000 AUD | +7% |
| Actuary | 144,000 AUD | +51% |
| Adjustment Insurance Clerk | 37,400 AUD | -61% |
| Assistant Broker | 66,600 AUD | -30% |
| Assistant Claims Manager | 117,000 AUD | +23% |
| Associate Insurance Representative | 53,900 AUD | -43% |
| Auditing Insurance Manager | 148,000 AUD | +56% |
| Blockchain Insurance Auditor | 99,800 AUD | +5% |
| Broker | 106,000 AUD | +11% |
| Claim Advocacy Professional | 101,000 AUD | +6% |
| Claims Adjuster | 40,300 AUD | -58% |
| Claims Analyst | 55,700 AUD | -41% |
| Claims Examiner | 55,000 AUD | -42% |
| Claims Manager | 147,000 AUD | +55% |
| Claims Processor | 38,300 AUD | -60% |
| Claims Representative | 45,800 AUD | -52% |
| Claims Resolution Specialist | 107,000 AUD | +12% |
| Claims Supervisor | 101,000 AUD | +6% |
| Complaints Specialist | 91,300 AUD | -4% |
| Compliance Examiner | 97,700 AUD | +3% |
| Compliance Officer | 82,000 AUD | -14% |
| Compliance Reviewer | 95,100 AUD | -0% |
| Consultant | 103,000 AUD | +8% |
| Drone Claims Adjuster | 44,100 AUD | -54% |
| Eligibility Interviewer | 107,000 AUD | +12% |
| Eligibility Specialist | 101,000 AUD | +6% |
| Insurance Account Manager | 129,000 AUD | +36% |
| Insurance Accounts Executive | 111,000 AUD | +17% |
| Insurance Adjuster | 93,900 AUD | -1% |
| Insurance Agent | 60,800 AUD | -36% |
| Insurance Analyst | 96,800 AUD | +2% |
| Insurance Appraiser | 106,000 AUD | +11% |
| Insurance Claims Clerk | 38,600 AUD | -59% |
| Insurance Compliance Officer | 122,000 AUD | +28% |
| Insurance Data Scientist | 97,900 AUD | +3% |
| Insurance Examiner | 94,000 AUD | -1% |
| Insurance Fraud Investigator | 87,300 AUD | -8% |
| Insurance Investigator | 95,200 AUD | +0% |
| Insurance Manager | 176,000 AUD | +85% |
| Insurance Operations Manager | 171,000 AUD | +80% |
| Insurance Policy Processing Clerk | 37,100 AUD | -61% |
| Insurance Pricing Assistant | 81,900 AUD | -14% |
| Insurance Product Manager | 122,000 AUD | +28% |
| Insurance Program Manager | 141,000 AUD | +48% |
| Insurance Project Manager | 131,000 AUD | +38% |
| Insurance Quality Assurance Agent | 90,000 AUD | -5% |
| Insurance Sales Agent | 64,700 AUD | -32% |
| Insurance Sales Director | 177,000 AUD | +86% |
| Insurance Sales Manager | 138,000 AUD | +45% |
| Insurance Sales Representative | 55,900 AUD | -41% |
| Insurance Team Leader | 105,000 AUD | +10% |
| Insurance Underwriter | 74,600 AUD | -22% |
| Insurtech Analyst | 94,200 AUD | -1% |
| Loss Control Specialist | 97,900 AUD | +3% |
| Loss Prevention Investigator | 104,000 AUD | +9% |
| Loss Prevention Manager | 144,000 AUD | +51% |
| Loss Prevention Specialist | 115,000 AUD | +21% |
| Marine Underwriter | 75,600 AUD | -21% |
| Medical Auditor | 104,000 AUD | +9% |
| Monitoring and Performance Officer | 75,200 AUD | -21% |
| Parametric Insurance Specialist | 105,000 AUD | +10% |
| Payment Services Specialist | 100,000 AUD | +5% |
| Peer-to-Peer Insurance Manager | 128,000 AUD | +35% |
| Policy Change Director | 169,000 AUD | +78% |
| Policy Change Supervisor | 115,000 AUD | +21% |
| Policy Change Technician | 50,900 AUD | -46% |
| Risk Analyst | 114,000 AUD | +20% |
| Risk Management Director | 196,000 AUD | +110% |
| Risk Management Supervisor | 125,000 AUD | +31% |
| Risk Manager | 202,000 AUD | +110% |
| Risk Modeling Manager | 200,000 AUD | +110% |
| Social Media Risk Analyst | 112,000 AUD | +18% |
| Title Insurance Typist | 93,100 AUD | -2% |
| Training Manager | 116,000 AUD | +22% |
| Underwriting Assistant | 51,400 AUD | -46% |
Salary Comparison By City
| City | Average Salary |
| Melbourne | 96,000 AUD |
| Sydney | 95,100 AUD |
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 Australia is 5% on average across all career fields.
| Private Sector | 89,000 AUD | |
| Public Sector | +5% | 93,400 AUD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Compliance Reviewer in Sydney?
A good and competitive compensation would range anywhere between 90,900 AUD and 105,000 AUD. 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 Reviewer in Sydney ranges from 43,800 AUD to 73,300 AUD. 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
