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The differences between compliance specialists and regulatory affairs specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a regulatory affairs specialist has an average salary of $70,060, which is higher than the $57,330 average annual salary of a compliance specialist.
The top three skills for a compliance specialist include patients, regulatory compliance and strong analytical. The most important skills for a regulatory affairs specialist are regulatory affairs, FDA, and regulatory agencies.
| Compliance Specialist | Regulatory Affairs Specialist | |
| Yearly salary | $57,330 | $70,060 |
| Hourly rate | $27.56 | $33.68 |
| Growth rate | 6% | - |
| Number of jobs | 34,610 | 9,915 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Average age | 46 | 46 |
| Years of experience | - | 4 |
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.
A regulatory affairs specialist assists in securing and maintaining government approval for nutritional products, drugs, medical devices, and related supplies. They are often employed by medical, pharmaceutical, and biotechnology companies. They may also work in the government or law. Typically, they work on document preparation, file maintenance, information management, and coordination of tasks across various departments. They expanded their duties and responsibilities as a result of company acquisitions and restructuring, worldwide globalization of markets, and constantly evolving regulations.
Compliance specialists and regulatory affairs specialists have different pay scales, as shown below.
| Compliance Specialist | Regulatory Affairs Specialist | |
| Average salary | $57,330 | $70,060 |
| Salary range | Between $38,000 And $85,000 | Between $49,000 And $99,000 |
| Highest paying City | San Francisco, CA | Santa Rosa, CA |
| Highest paying state | Delaware | California |
| Best paying company | Meta | Meta |
| Best paying industry | Pharmaceutical | - |
There are a few differences between a compliance specialist and a regulatory affairs specialist in terms of educational background:
| Compliance Specialist | Regulatory Affairs Specialist | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Harvard University | Stanford University |
Here are the differences between compliance specialists' and regulatory affairs specialists' demographics:
| Compliance Specialist | Regulatory Affairs Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 38.4% Female, 61.6% | Male, 37.5% Female, 62.5% |
| Race ratio | 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% | Black or African American, 10.7% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 60.1% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |