Hallmarks of High-Impact Compliance Programs and Compensation Trends for Compliance Officers Who Implement Them

Ethics and compliance programs that are values-based, receive high-level support, reward ethical behavior, penalize misconduct and manage risk proactively are able to better influence business decisions, according to a recent LRN study. Executive search consulting firm BarkerGilmore dovetailed those findings in its study of compliance officer compensation, which found modest year-over-year increases in total compensation as responsibilities mounted. The study also found a persistent significant pay gap between male and female compliance professionals and that compliance professionals with law degrees earn significantly more than those without one. For more insight from LRN, see “How and Why Leaders Should Create Transparent Cultures” (May 2, 2018).

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