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salary information

Salary Information for a VP Compliance in Albuquerque, NM

Median salary:

This data reflects Total Cash for a Level 1 VP Compliance at a mid-size company. To get more detailed information on total compensation for the role of VP Compliance in Albuquerque, NM, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
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Behind the numbers

What is the adjusted total comp for a VP Compliance in Albuquerque, NM?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a VP Compliance in Albuquerque, NM?

Ensures the business is compliant with regulatory and industry standards. Inputs and overseas internal compliance processes and make sure each business unit has compliance measures in place.

What are the characteristics of a level 1 VP Compliance?

A level 1 VP Compliance in Albuquerque, NM is typically a Vice President (but may be a Senior Director in largely orgs). They are responsible for a function or major job area and tend to reports to SVP or C-Suite.

VP Compliance

Benchmark Role

Executive

Job Type

Compliance

Job Family

Business

Job Area

Quality of Life in Albuquerque, NM on a $256,650 Annual Salary

Individuals earning $256,650 annually in Albuquerque, NM, enjoy a comfortable lifestyle thanks to the reasonable cost of living and housing market compared to the national average.

Cost of Living

  • Overall Affordability: The cost of living in Albuquerque is generally lower than the national average, allowing residents to stretch their dollar further.
  • Housing: Monthly expenses, including utilities, groceries, and transportation, tend to be lower than in larger metropolitan areas.
  • Entertainment and Dining: A variety of affordable dining and entertainment options are available, enhancing the overall lifestyle.

Housing Market

  • Home Prices: The median home price in Albuquerque is significantly lower than in many other U.S. cities, making homeownership achievable.
  • Property Taxes: Property taxes are relatively moderate, contributing to overall affordability.
  • Real Estate Growth: The housing market has been growing, but prices remain reasonable compared to national levels.

Quality of Life

  • Community and Culture: Albuquerque boasts a vibrant cultural scene with numerous festivals, museums, and outdoor activities.
  • Climate: With a high number of sunny days and a mild climate, outdoor recreation is accessible year-round.
  • Traffic and Commute: The city experiences less congestion and shorter commute times compared to larger cities.

Access to Healthcare

  • Healthcare Facilities: Albuquerque has several quality healthcare facilities and hospitals, ensuring residents have access to good medical care.
  • Insurance Coverage: With a higher-than-average income, individuals can afford comprehensive health insurance options.
  • Preventive Services: Access to preventive health services and wellness programs is generally good.

Quality of K-12 Schools

  • Public Education: Albuquerque's public schools vary in quality, with some schools offering excellent education and extracurricular programs.
  • Private Schools: There are several reputable private and charter schools available for families seeking alternatives.
  • Educational Initiatives: The city has various educational programs and initiatives aimed at improving the quality of education.

Summary Assessment

Living in Albuquerque on a $256,650 salary allows for a high quality of life due to low cost of living, manageable home prices, and a culturally rich environment. With access to quality healthcare and a range of educational options, individuals and families can enjoy a well-rounded lifestyle while benefiting from the city's economic and cultural offerings.

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OpenComp aggregates multiple data sources to provide accurate salary data for Albuquerque, NM, specifically for a Level 1 VP Compliance. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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