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The differences between compliance program managers and compliance specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance program manager has an average salary of $98,403, which is higher than the $57,330 average annual salary of a compliance specialist.
The top three skills for a compliance program manager include compliance program, project management and oversight. The most important skills for a compliance specialist are patients, regulatory compliance, and strong analytical.
| Compliance Program Manager | Compliance Specialist | |
| Yearly salary | $98,403 | $57,330 |
| Hourly rate | $47.31 | $27.56 |
| Growth rate | - | 6% |
| Number of jobs | 103,257 | 34,610 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| Average age | 47 | 46 |
| Years of experience | 4 | - |
A compliance program manager is in charge of devising strategies to ensure a company's overall compliance with policies and regulations. Their responsibilities revolve around coordinating with different departments and officers to gather data, conducting inspections and observations, and assessing the efficiency of quality control programs. They may also perform audits and investigate violations, dealing with them accordingly. Furthermore, as a compliance program manager, it is essential to implement the company's policies and regulations, creating new ones 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 program managers and compliance specialists have different pay scales, as shown below.
| Compliance Program Manager | Compliance Specialist | |
| Average salary | $98,403 | $57,330 |
| Salary range | Between $70,000 And $137,000 | Between $38,000 And $85,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Delaware |
| Best paying company | Apple | Meta |
| Best paying industry | Start-up | Pharmaceutical |
There are a few differences between a compliance program manager and a compliance specialist in terms of educational background:
| Compliance Program Manager | Compliance Specialist | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | Stanford University | Harvard University |
Here are the differences between compliance program managers' and compliance specialists' demographics:
| Compliance Program Manager | Compliance Specialist | |
| Average age | 47 | 46 |
| Gender ratio | Male, 49.5% Female, 50.5% | Male, 38.4% Female, 61.6% |
| Race ratio | Black or African American, 7.7% Unknown, 4.7% Hispanic or Latino, 12.9% Asian, 9.0% White, 65.1% American Indian and Alaska Native, 0.7% | 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 | 10% | 12% |