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Compliance project manager hiring summary. Here are some key points about hiring compliance project managers in the United States:
Here's a step-by-step compliance project manager hiring guide:
The project compliance manager's job is to ensure the company observes legal standards and in-house policies. They do a complex task of developing and overseeing control systems to prevent possible violations of legal guidelines and internal policies. It is their responsibility to evaluate the efficacy of controls and continuously improved. They revise procedures and implement company policies to identify possible risks or non-conformity issues. In addition, they collaborate with the company's corporate counsel and HR to monitor the implementation of standards and regulations and prepare reports for senior leaders and external compliance auditors.
Before you post your compliance project manager job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a compliance project manager for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them a compliance project manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a compliance project manager that fits the bill.
This list shows salaries for various types of compliance project managers.
| Type of Compliance Project Manager | Description | Hourly rate |
|---|---|---|
| Compliance Project Manager | $35-64 | |
| Proposal Manager | A proposal manager specializes in creating and preparing company proposals, ensuring timeliness and accuracy. Their responsibilities revolve around producing proposal management plans, devising strategies to identify and secure opportunities, delegating tasks to various departments, and processing every requisition... Show more | $28-62 |
| Club Manager | A club manager is responsible for overseeing club operations, delegating tasks to the club staff, and ensuring that the team provides the highest customer service and satisfaction for the guests. Club managers inspect the stability of technical tools and equipment, including the adequacy of inventory and food and beverage stocks... Show more | $12-35 |
Including a salary range in the compliance project manager job description is a good way to get more applicants. A compliance project manager salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a compliance project manager in Kansas may be lower than in California, and an entry-level engineer typically earns less than a senior-level compliance project manager. Additionally, a compliance project manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $142,300 | $68 |
| 2 | Washington | $131,076 | $63 |
| 3 | Massachusetts | $118,237 | $57 |
| 4 | New York | $117,212 | $56 |
| 5 | District of Columbia | $115,700 | $56 |
| 6 | Michigan | $110,429 | $53 |
| 7 | Georgia | $108,389 | $52 |
| 8 | Oregon | $105,218 | $51 |
| 9 | Missouri | $104,911 | $50 |
| 10 | Arizona | $99,686 | $48 |
| 11 | Connecticut | $97,510 | $47 |
| 12 | Illinois | $97,014 | $47 |
| 13 | North Carolina | $96,636 | $46 |
| 14 | Texas | $95,748 | $46 |
| 15 | Pennsylvania | $94,919 | $46 |
| 16 | New Mexico | $94,888 | $46 |
| 17 | Minnesota | $94,885 | $46 |
| 18 | Wisconsin | $94,589 | $45 |
| 19 | Virginia | $94,492 | $45 |
| 20 | Florida | $91,004 | $44 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $135,306 | $65.05 | 210 |
| 2 | California Resources | $131,856 | $63.39 | |
| 3 | Millennium Physician Group | $130,219 | $62.61 | |
| 4 | Square | $122,537 | $58.91 | |
| 5 | RSM US | $119,734 | $57.56 | 12 |
| 6 | Amazon | $117,069 | $56.28 | 206 |
| 7 | Tesla | $115,359 | $55.46 | 30 |
| 8 | TEKsystems | $114,367 | $54.98 | 27 |
| 9 | Nike | $112,390 | $54.03 | |
| 10 | Citi | $112,175 | $53.93 | 8 |
| 11 | Illumina | $110,162 | $52.96 | 4 |
| 12 | Publix | $108,551 | $52.19 | 1 |
| 13 | CenterPoint Energy | $104,933 | $50.45 | |
| 14 | ANSER | $104,723 | $50.35 | |
| 15 | Vivint Smart Home | $102,541 | $49.30 | 3 |
| 16 | ClientSolv | $101,763 | $48.92 | |
| 17 | Staffing Resources | $101,481 | $48.79 | 3 |
| 18 | PSEG | $100,070 | $48.11 | 4 |
| 19 | Tetra Tech | $98,824 | $47.51 | 65 |
| 20 | Jabil | $98,532 | $47.37 | 4 |
A compliance project manager job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a compliance project manager job description:
To find compliance project managers for your business, try out a few different recruiting strategies:
To successfully recruit compliance project managers, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best compliance project manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new compliance project manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Before you start to hire compliance project managers, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire compliance project managers pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $100,302 per year for a compliance project manager, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for compliance project managers in the US typically range between $35 and $64 an hour.