Home > Salary > Sri Lanka > Vendor Compliance Specialist
A vendor compliance specialist is responsible for ensuring that vendors and suppliers comply with all the necessary regulations, policies, and standards set by the company. They review vendor contracts, agreements, and documentation to ensure they meet the required legal and ethical standards. The specialist conducts audits and assessments to evaluate the performance of vendors and identify any potential risks or non-compliance issues. They collaborate with internal teams to develop and implement vendor compliance programs, providing guidance and training to vendors on best practices. Additionally, they maintain accurate records and documentation of vendor compliance activities and communicate any findings or recommendations to management.
Estimated Yearly Salary: 2,379,233 LKR
Estimated Monthly Salary: 198,269 LKR
Estimated Weekly Salary: 45,754 LKR per week
Estimated Hourly Salary: 1,144 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 190,966 LKR
Estimated Weekly Salary: 44,069 LKR per week
Estimated Hourly Salary: 1,102 LKR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 6,825 USD
Estimated Monthly Salary: 569 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,379,233 LKR
Estimated Monthly Salary: 198,269 LKR
Estimated Weekly Salary: 45,754 LKR per week
Estimated Hourly Salary: 1,144 LKR per hour
By working as Vendor Compliance Specialist a person can save up to 344 USD per month or 4,132 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Vendor Compliance Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Compliance Specialist salary in Sri Lanka
Average Yearly Salary of Vendor Compliance Specialist in Sri Lanka is approximately 2,379,233 LKR (6,825 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Vendor Compliance Specialist do?
A vendor compliance specialist is responsible for ensuring that vendors and suppliers comply with all the necessary regulations, policies, and standards set by the company. They review vendor contracts, agreements, and documentation to ensure they meet the required legal and ethical standards. The specialist conducts audits and assessments to evaluate the performance of vendors and identify any potential risks or non-compliance issues. They collaborate with internal teams to develop and implement vendor compliance programs, providing guidance and training to vendors on best practices. Additionally, they maintain accurate records and documentation of vendor compliance activities and communicate any findings or recommendations to management.
Skills: Vendor compliance, Compliance specialist, Supplier management, Regulatory compliance, Risk assessment, Vendor audits
Job industry: Retail
Job industry: Retail
How much does Vendor Compliance Specialist make?
Salary details
How much does Vendor Compliance Specialist make?Estimated Yearly Salary: 2,379,233 LKR
Estimated Monthly Salary: 198,269 LKR
Estimated Weekly Salary: 45,754 LKR per week
Estimated Hourly Salary: 1,144 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,291,588 LKREstimated Monthly Salary: 190,966 LKR
Estimated Weekly Salary: 44,069 LKR per week
Estimated Hourly Salary: 1,102 LKR per hour
Last revision of data: 2024-01-07Vendor Compliance Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,825 USD
Estimated Monthly Salary: 569 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Compliance Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Vendor Compliance Specialist in Sri Lanka earns on average:
1.33 times the average salary (or 133% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Compliance Specialist job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Vendor Compliance Specialist in Sri Lanka earns on average:
1.33 times the average salary (or 133% of average salary).
Is Vendor Compliance Specialist a well paid job?
Yes, our data shows that Vendor Compliance Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Vendor Compliance Specialist?
High salary for Vendor Compliance Specialist would be somewhere between 2,617,156 LKR and 3,449,888 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Compliance Specialist in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,379,233 LKR
Estimated Monthly Salary: 198,269 LKR
Estimated Weekly Salary: 45,754 LKR per week
Estimated Hourly Salary: 1,144 LKR per hour
By working as Vendor Compliance Specialist a person can save up to 344 USD per month or 4,132 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Vendor Compliance Specialist
India is 27,175 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Assistant buyer (1,372,306 LKR per year, pre-tax.)
Insurance underwriter life (2,185,406 LKR per year, pre-tax.)
Client relations associate (1,803,706 LKR per year, pre-tax.)
Associate professor of english (2,019,004 LKR per year, pre-tax.)
Attending pathologist (7,015,135 LKR per year, pre-tax.)
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