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Corporate compliance director hiring summary. Here are some key points about hiring corporate compliance directors in the United States:
Here's a step-by-step corporate compliance director hiring guide:
Before you start hiring a corporate compliance director, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
You should also consider the ideal background you'd like them a corporate compliance director 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 corporate compliance director that fits the bill.
The following list breaks down different types of corporate compliance directors and their corresponding salaries.
| Type of Corporate Compliance Director | Description | Hourly rate |
|---|---|---|
| Corporate Compliance Director | $37-87 | |
| Director | Directors work in show business, whether in a film, a television show, or a theatre production. They are responsible for bringing the material to life... Show more | $31-92 |
| Head Of Ethics And Compliance | 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... Show more | $42-95 |
Including a salary range in your corporate compliance director job description is one of the best ways to attract top talent. A corporate compliance director can vary based on:
A corporate compliance director 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 corporate compliance director job description:
To find the right corporate compliance director for your business, consider trying out a few different recruiting strategies:
Your first interview with corporate compliance director candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect corporate compliance director candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Before you start to hire corporate compliance directors, 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 corporate compliance directors 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 $118,934 per year for a corporate compliance director, 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 corporate compliance directors in the US typically range between $37 and $87 an hour.