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The differences between regulatory affairs associates and chief compliance officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a chief compliance officer has an average salary of $102,166, which is higher than the $71,154 average annual salary of a regulatory affairs associate.
The top three skills for a regulatory affairs associate include regulatory affairs, FDA and regulatory submissions. The most important skills for a chief compliance officer are oversight, compliance issues, and risk management.
| Regulatory Affairs Associate | Chief Compliance Officer | |
| Yearly salary | $71,154 | $102,166 |
| Hourly rate | $34.21 | $49.12 |
| Growth rate | - | - |
| Number of jobs | 9,032 | 76,701 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 60% |
| Average age | 46 | 46 |
| Years of experience | 4 | - |
A regulatory affairs associate is in charge of learning and implementing company policies and government regulations, ensuring compliance in every aspect of the company. Their responsibilities revolve around coordinating with different departments to gather data, conducting inspections and assessments, reviewing existing procedures, liaising with external agencies, and producing progress reports. They may also participate in instructing employees of the standards one must uphold. Furthermore, as a regulatory affairs associate, it is essential to develop guidelines and standards on every procedure in adherence to the latest policies and regulations.
A CCO or Chief Compliance Officer's primary responsibility is to ensure all procedures or activities are compliant with the company's overall policy and adhering to legal protocols with state and federal laws. Thus, the CCO drafts, proposes and develops compliance programs for the company to implement. Through the chief compliance officer's work, the company can lessen its liabilities and issues that may cause disruptions in production. The CCO is also part of the team that ensures quality in all company processes and activities.
Regulatory affairs associates and chief compliance officers have different pay scales, as shown below.
| Regulatory Affairs Associate | Chief Compliance Officer | |
| Average salary | $71,154 | $102,166 |
| Salary range | Between $49,000 And $102,000 | Between $65,000 And $159,000 |
| Highest paying City | San Rafael, CA | Washington, DC |
| Highest paying state | California | Delaware |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | - | Finance |
There are a few differences between a regulatory affairs associate and a chief compliance officer in terms of educational background:
| Regulatory Affairs Associate | Chief Compliance Officer | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 60% |
| Most common major | Pharmacy | Law |
| Most common college | University of Southern California | Harvard University |
Here are the differences between regulatory affairs associates' and chief compliance officers' demographics:
| Regulatory Affairs Associate | Chief Compliance Officer | |
| Average age | 46 | 46 |
| Gender ratio | Male, 30.5% Female, 69.5% | Male, 64.7% Female, 35.3% |
| Race ratio | Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.8% Asian, 8.3% White, 59.5% American Indian and Alaska Native, 0.8% | Black or African American, 11.1% Unknown, 4.5% Hispanic or Latino, 15.7% Asian, 8.2% White, 59.7% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 12% | 12% |