Compliance professionals ensure companies are following current laws, regulations, ethical practices and standards. This includes federal and state laws and internal policies designed for the health, well-being, rights and comfort of employees. From this point of view, compliance is more than a way to avoid fines or lawsuits. Compliance ensures that a company runs smoothly in an environment where productivity can thrive. Qualifications for compliance professionals include relevant industry knowledge and bachelor’s degrees in relevant areas such as engineering, law, or economics.