Annual total compensation for chief compliance officers rose 10 percent in 2022, pushed by dramatic increases for CCOs working for public companies in energy/utilities, healthcare and pharma, and professional services, according to the latest compliance compensation survey by executive search firm BarkerGilmore.
The ”2023 Compliance Compensation Report,” released May 25, is the result of an online poll administered in March to a random sample of more than 500 compliance professionals at various levels of seniority from both the public and private sector across the United States.
Total annual compensation for all compliance positions across all industries rose 8 percent from 2021 to 2022, according to the report.
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Recent policy changes at the Department of Justice provided plenty of fodder for a leadership panel of senior legal and compliance practitioners to discuss during Compliance Week’s 2023 National Conference.
In-house counsel salaries took a small step back in 2022, according to the latest analysis from executive search firm BarkerGilmore, while overall bonuses suffered a much steeper decline.
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Compliance Week’s fifth annual “Inside the Mind” survey seeks to discover what makes CCOs and other risk and compliance practitioners tick. Take 10 minutes to share your experiences and be part of our special report.
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