Compensation survey finds average annual CCO pay jumped above $400K
By 
Aaron Nicodemus2024-07-25T18:15:00
A new compensation survey found base pay for chief compliance officers has risen 36 percent since 2021 to an average of more than $403,000.
The 2024 “In-House Counsel Compensation Survey,” published Wednesday by legal search firm Major, Lindsey & Africa (MLA), also found that total annual cash compensation for CCOs jumped an average of 72 percent to $740,707 over that same period.
“The market is reflecting the increased emphasis on culture and compliance–and the expanding role this is creating for CCOs,” said Jeannine Lemker, managing director in MLA’s In-House Counsel and Board Services groups and survey co-author, in a press release.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
PremiumCompensation survey pegs annual pay at $419K for public company CCOs
Annual pay and bonus compensation for chief compliance officers at public companies jumped to $419,000 since 2023, while CCOs at private companies saw a slight decrease to nearly $300,000, according to a new compensation survey.
-
PremiumInside the Mind of the CCO: Compliance feeling regulatory heat in 2023
Our fifth annual “Inside the Mind of the CCO” survey saw keeping up with regulatory policies dethrone resource support as the biggest concern among all respondents for the first time.
-
PremiumSurvey finds gender parity progress in general counsel compensation
Pay among women general counsel outpaced men in 2022 for only the second time since 2018, according to the latest compensation benchmarking report from corporate leadership data provider Equilar.
More from Surveys & Benchmarking
-
AnalysisSuccess in upper management is about relationships, not skills
The compliance world is filled with numbers, rules and regulations. But the soft skills of management and relationships are critical too, and they can make the difference between making it to higher level leadership or not.
-
AnalysisIf artificial intelligence screws up, you’re probably using the wrong one
As companies increasingly test artificial intelligence throughout their workforce and product lines, early adopters say an important rule is to pick the right AI for the job.
-
PremiumPepsiCo’s Farzin Firooznia is the 2025 Compliance Officer of the Year
Some compliance teams consider it outside their roles to learn the ins and outs of their businesses, and something to explore when they have time.