Compliance Managers in Massachusetts
Thinking about a career as a Compliance Managers in Massachusetts? Here’s what you need to know. All managers not listed separately.
What do Compliance Managers Make in Massachusetts?
For a compliance managers working in Massachusetts, the typical annual salary is $172,380 per year (or about $82.88/hour).
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $102,890 | $49.46 |
| 25th percentile | $135,060 | $64.93 |
| Median (50th) | $172,380 | $82.88 |
| 75th percentile | $217,880 | $104.75 |
| 90th percentile | n/a | n/a |
Location quotient — how concentrated this career is in Massachusetts nationwide is 0.72, indicating fewer compliance managers per worker than the national average.
National Wage Comparison
Nationally, compliance managers earn a median of $117,178 per year ($56.34/hour), higher than the Massachusetts median.
Employment Outlook
Nationally, total employment in this occupation is 274,622 compliance managers across the United States. In Massachusetts alone, approximately 10,670 people work in this role. That’s higher than the typical state, which employs around 5,640 compliance managers.
Top Massachusetts Metros for Compliance Managers
The metro areas below employ the most compliance managers in Massachusetts.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | 9,240 | $174,840 |
| Worcester, MA | 500 | $159,000 |
| Springfield, MA | 300 | $159,500 |
| Amherst Town-Northampton, MA | 120 | $135,650 |
| Barnstable Town, MA | 100 | $147,970 |
| Pittsfield, MA | 70 | $153,420 |
Top States for Compliance Managers Employment
The table below shows the states where the most compliance managers work.
| State | Number Employed |
|---|---|
| California | 103,510 |
| Texas | 53,070 |
| Florida | 46,500 |
| Georgia | 36,520 |
| Pennsylvania | 24,480 |
| New Jersey | 24,000 |
| Virginia | 22,210 |
| North Carolina | 21,150 |
| Maryland | 20,810 |
| District of Columbia | 18,180 |
| Tennessee | 17,260 |
| New York | 16,640 |
| Louisiana | 15,360 |
| Wisconsin | 13,910 |
| Colorado | 13,710 |
| Nevada | 10,990 |
| Washington | 10,740 |
| Massachusetts | 10,670 |
| Ohio | 9,390 |
| Arizona | 9,280 |
Highest-Paying States for Compliance Managers
These states pay the most for compliance managers.
| State | Annual Median Salary |
|---|---|
| Massachusetts | $172,380 |
| District of Columbia | $171,910 |
| California | $170,740 |
| Delaware | $170,310 |
| Washington | $165,080 |
| Colorado | $164,010 |
| New Jersey | $163,630 |
| Virginia | $162,610 |
| New York | $161,360 |
| Minnesota | $158,680 |
Skills
Key compliance managers skills, rated on an importance scale of 0 to 5:
Knowledge Areas
Core knowledge areas for this occupation, rated on an importance scale of 0 to 5:
Abilities
Key abilities for compliance managers, rated on an importance scale of 0 to 5:
Daily Tasks
Common tasks include:
- Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or required.
- Identify compliance issues that require follow-up or investigation.
- Discuss emerging compliance issues to ensure that management and employees are informed about compliance reporting systems, policies, and practices.
- File appropriate compliance reports with regulatory agencies.
- Maintain documentation of compliance activities, such as complaints received or investigation outcomes.
- Consult with corporate attorneys as necessary to address difficult legal compliance issues.
- Conduct or direct the internal investigation of compliance issues.
- Provide employee training on compliance related topics, policies, or procedures.
- Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities.
- Verify that all regulatory policies and procedures have been documented, implemented, and communicated.
- Disseminate written policies and procedures related to compliance activities.
- Prepare management reports regarding compliance operations and progress.
Work Activities
- Evaluating Information to Determine Compliance with Standards
- Getting Information
- Communicating with Supervisors, Peers, or Subordinates
- Working with Computers
- Documenting/Recording Information
- Making Decisions and Solving Problems
- Updating and Using Relevant Knowledge
- Establishing and Maintaining Interpersonal Relationships
- Identifying Objects, Actions, and Events
- Organizing, Planning, and Prioritizing Work
- Communicating with People Outside the Organization
- Processing Information
Tools & Technology
Software and systems commonly involved: Hot technologies: Adobe Acrobat, Apple Safari In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Programs that train for this career include:
- Business Administration & Management
- Business & Commerce
- Entrepreneurial Studies
- Hospitality Management
- Telecommunications Management
- General Psychology
- Clinical & Counseling Psychology
- Child Development & Psychology
- Other Psychology
- Economics
- Political Science & Government
- Sociology
- General Social Sciences
- International Relations & Security
- Anthropology
- Criminology
- Geography & Cartography
- Other Social Sciences
- Urban Studies
- Sociology & Anthropology
- Archeology
- Demography & Population Studies
- Geography and Anthropology
- Criminal Justice & Corrections
- Homeland Security
- Fire Protection
- Security Science and Technology
- History
- Public Administration
- Radio, TV & Digital Communication
- Library & Information Science
- Information Technology
- Arts & Media Management
- Systems Theory
- History and Language/Literature
- Philosophy, Politics, and Economics
- Digital Humanities and Textual Studies
- Economics and Computer Science
- History and Political Science
- Historic Preservation
- Geoarcheaology
- Linguistics and Anthropology
- Economics and Foreign Language/Literature
- Pharmacy/Pharmaceutical Sciences
- Health/Medical Admin Services
- Natural Resource Management
- Religious Institution Administration and Law
Featured schools near , edit
Related Careers
Careers similar to compliance managers include:
- Security Managers
- Regulatory Affairs Managers
- Compliance Officers
- Environmental Compliance Inspectors
- Government Property Inspectors and Investigators
- Regulatory Affairs Specialists
Also Known As
Accreditation Lieutenant, Accreditation Manager, Anti Money Laundering Compliance Manager (AML Compliance Manager), Audit Manager, Compliance Audit Manager, Compliance Coordinator, Compliance Director, Compliance Manager, Compliance Operations Manager, Compliance Professional, Compliance Program Manager, Corporate Compliance Director, Environmental Health and Safety Director, Environmental Health and Safety Manager, Environmental Manager.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 11-9199.02
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