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The differences between compliance managers and heads of ethics and compliance can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a compliance manager and a head of ethics and compliance. Additionally, a head of ethics and compliance has an average salary of $132,706, which is higher than the $95,130 average annual salary of a compliance manager.
The top three skills for a compliance manager include oversight, ethics and risk management. The most important skills for a head of ethics and compliance are risk management, oversight, and compliance risk.
| Compliance Manager | Head Of Ethics And Compliance | |
| Yearly salary | $95,130 | $132,706 |
| Hourly rate | $45.74 | $63.80 |
| Growth rate | - | - |
| Number of jobs | 19,088 | 23,686 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 4 | 4 |
Compliance managers are professionals who maintain the ethical and legal integrity of an organization. They establish and oversee control systems to deal with and prevent violations against internal policies and legal guidelines. It is their responsibility to assess the efficiency of controls and improve their continuity. They are professionals with exceptional analytical skills as they design control systems, execute regular audits, and enforce organizational policies. The skills necessary for this job include strong communication skills and knowledge of industry regulations and procedures.
A company's head of ethics and compliance is in charge of implementing policies and regulations to ensure a safe and efficient work environment. They typically manage staff, set department goals and timelines, establish guidelines and protocols, and develop strategies to optimize operations. As the head of ethics and compliance, it is their responsibility to spearhead inspections to ensure company procedures comply with the government standards and regulations, investigate violations and workplace incidents, and implement solutions to resolve issues and concerns.
Compliance managers and heads of ethics and compliance have different pay scales, as shown below.
| Compliance Manager | Head Of Ethics And Compliance | |
| Average salary | $95,130 | $132,706 |
| Salary range | Between $66,000 And $136,000 | Between $88,000 And $198,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | - |
| Best paying company | Meta | - |
| Best paying industry | Finance | - |
There are a few differences between a compliance manager and a head of ethics and compliance in terms of educational background:
| Compliance Manager | Head Of Ethics And Compliance | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 55% |
| Most common major | Business | Law |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between compliance managers' and heads of ethics and compliance' demographics:
| Compliance Manager | Head Of Ethics And Compliance | |
| Average age | 47 | 47 |
| Gender ratio | Male, 48.6% Female, 51.4% | Male, 66.4% Female, 33.6% |
| Race ratio | Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.8% Asian, 8.8% White, 65.4% American Indian and Alaska Native, 0.7% | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.6% Asian, 8.9% White, 65.6% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 10% | 10% |