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salary information

Salary Information for a VP Compliance in Cleveland, OH

Median salary:

This data reflects Total Cash for a Level 2 VP Compliance at a mid-size company. To get more detailed information on total compensation for the role of VP Compliance in Cleveland, OH, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a VP Compliance in Cleveland, OH?

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 Cleveland, OH?

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 2 VP Compliance?

A level 2 VP Compliance in Cleveland, OH is responsible for a function or major job area. These functional roles are generally more complex than those that L1 Executives fill. These roles typically report to SVPs or C-Suite.

VP Compliance

Benchmark Role

Executive

Job Type

Compliance

Job Family

Business

Job Area

Quality of Life in Cleveland, OH for a High Earner

Overview

Cleveland, OH, offers a unique blend of affordability and quality of life, particularly for individuals earning a high income. With a salary of $306,160 per year, one can expect to enjoy a comfortable lifestyle in Cleveland due to its relatively low cost of living compared to national averages.

Cost of Living

  • General Affordability: The cost of living in Cleveland is significantly lower than many other metropolitan areas in the United States, making it an attractive location for high earners.
  • Utilities and Groceries: Prices for utilities and groceries are well below the national average, allowing for more discretionary spending.
  • Transportation: Public transportation and fuel costs are economical, making commute easier and cheaper.

Housing Market

  • Home Prices: The median home price in Cleveland is substantially lower than the national median, making homeownership attainable for high-income individuals.
  • Neighborhoods: With a substantial salary, one can afford to live in some of the more desirable neighborhoods, enjoying spacious properties with modern amenities.
  • Investment Potential: Lower home prices present opportunities for real estate investments, appealing to those looking to grow their wealth.

Quality of Life

  • Cultural and Recreational Activities: Cleveland boasts a vibrant cultural scene with attractions like the Rock and Roll Hall of Fame, numerous theaters, and art galleries.
  • Lifestyle: With ample parks and natural resources, the city offers various outdoor activities. Dining and entertainment options are diverse and cater to a range of preferences.
  • Community: Strong community ties and diverse neighborhoods contribute to a welcoming environment for newcomers.

Access to Healthcare

  • Healthcare Facilities: Cleveland is home to renowned medical institutions such as the Cleveland Clinic, offering high-quality healthcare services.
  • Insurance and Care: A high salary allows for comprehensive health insurance coverage, ensuring access to top-notch medical care without financial strain.

Quality of K-12 Schools

  • Public Education: The quality of public schools in Cleveland varies, with some districts performing above the state average. Options for relocating within the region can enhance educational prospects.
  • Private and Charter Schools: High earners can afford private schooling, where many institutions offer excellent educational programs and extracurricular activities.
  • Educational Resources: Access to additional educational resources and programs is feasible, providing an enriched learning environment for children.

Summary

Overall, life

See salary information for the VP Compliance role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Cleveland, OH, specifically for a Level 2 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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