The present invention provides a compensated output buffer circuit providing an improved slew rate control and a method for minimizing the variations in the current slew rate of the buffer over process, voltage and temperature (PVT) conditions. The output buffer circuit includes a split-gate compensated driver and a slew rate control circuit. Accordingly, a desired slew rate can be maintained with fewer variations over wide range of variations in PVT conditions. The slew rate control circuit consists of two separate slew rate control circuits called a pull-up PMOS driver and a pull-down NMOS driver. To minimize the variations in the slew rate, the rising and falling time of the pre-driver nodes are controlled by means of two current control networks, which are compensated against PVT variations by using separate NMOS and PMOS digital compensation codes. The compensation codes are provided by a compensation circuit, which sense the variation in PVT conditions and reflect these variations in the compensation codes.