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The differences between compliance investigators and compliance specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance investigator has an average salary of $58,594, which is higher than the $57,330 average annual salary of a compliance specialist.
The top three skills for a compliance investigator include federal laws, law enforcement and management system. The most important skills for a compliance specialist are patients, regulatory compliance, and strong analytical.
A compliance investigator is primarily responsible for ensuring all aspects of a facility or company complies with its policies and regulations, including government laws and standards. Their responsibilities revolve around conducting regular inspections, gathering and assessing documentation, and conducting interviews and assessments. There are also instances when a compliance investigator must travel to different locations, investigate contract adherence, and identify any fraudulent or illegal activities. Furthermore, it is essential to maintain records of all investigations, producing progress reports as needed.
The role of compliance specialists is to ensure that companies comply with relevant industry standards and regulations. Their duties may vary depending on the industry they work in, such as healthcare or banking. Tasks include reviewing their company's business practices to ensure they follow specific regulations, resolving compliance issues that may arise, and being up-to-date with regulatory changes. As a compliance specialist, you should have industry expertise, in-depth knowledge of regulations, and auditing skills.
Compliance investigators and compliance specialists have different pay scales, as shown below.
| Compliance Investigator | Compliance Specialist | |
| Average salary | $58,594 | $57,330 |
| Salary range | Between $42,000 And $80,000 | Between $38,000 And $85,000 |
| Highest paying City | Menlo Park, CA | San Francisco, CA |
| Highest paying state | Delaware | Delaware |
| Best paying company | Meta | Meta |
| Best paying industry | Pharmaceutical | Pharmaceutical |
There are a few differences between a compliance investigator and a compliance specialist in terms of educational background:
| Compliance Investigator | Compliance Specialist | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 61% |
| Most common major | Criminal Justice | Business |
| Most common college | - | Harvard University |
Here are the differences between compliance investigators' and compliance specialists' demographics:
| Compliance Investigator | Compliance Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 38.4% Female, 61.6% |
| Race ratio | Black or African American, 12.0% Unknown, 4.5% Hispanic or Latino, 15.4% Asian, 8.1% White, 59.3% American Indian and Alaska Native, 0.8% | Black or African American, 10.9% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.8% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |