UK compliance staff salaries increase by 11%

Eye on compliance
The Financial Times [subscription based access only] reports that the average salary for compliance staff in the U.K. has risen 11 percent in the past year. According to research from Astbury Marsden, the average compliance officer in the U.K. made £72,166 or USD $115,956.33 between October 2012 - October 2013.

“Compliance staff are working harder and longer hours to meet the regulations, but that is not a long-term solution,” said Amanda Rowland, a partner with PricewaterhouseCoopers, told The Financial Times. Rowland also said the shortage of compliance staff is expected to last another 2-3 years, which means salaries are expected to rise even further.

Source: Inside Counsel

See also: American compliance staff salaries