A human resource manager plays a critical role in an organization by creating a workplace beneficial to its employees and the employer. Large organizations may employ human resources managers in designated specialty areas such as compensation and benefits, recruitment and retention or training and development. For some organizations, a human resource manager takes on all of the responsibilities of each specialized area of human resources. In April 2011, PayScale estimated salaries for these professionals based on 10,501 individuals reporting their wages.
The average base salary for a human resource manager ranges from $46,619 to $72,007 per year. Some employers offer bonuses and profit-sharing. Average bonuses range from $1,932 to $7,740 per year and average profit-sharing ranges from $1,017 to $4,607 per year. Total compensation ranges from $44,954 to $73,398 per year.
Most employers require at least a bachelor’s degree in human resources or a related discipline for this occupation. Those who obtained a bachelor’s degree earned average salaries ranging from $43,642 to $80,285 per year. Those who obtained a master’s degree in business administration earn average salaries ranging from $53,991 to $78,260 per year.
Many human resource professionals obtain credentials related to human resources. Highly recognized credentials include the Professional in Human Resources (PHR), Senior Professional in Human Resources (SPHR) and Global Professional in Human Resources (GPHR) administered by the Society for Human Resource Management. Those who obtained the PHR credential earn average salaries ranging from $50,153 to $72,539 per year. Human resource managers who obtained the SPHR credential earn average salaries ranging from $59,627 to $84,547 per year and those who obtained the GPHR credential earn average salaries ranging from $76,436 to $92,003 per year.
Human resource managers can increase their salary as they gain professional experience. Those with less than four years of experience earn average salaries ranging from $30,878 to $55,924 per year. Those with five to nine years of experience earn average salaries ranging from $46,992 to $67,941 per year and those with 10 to 19 years of experience earn average salaries ranging from $52,893 to $77,995 per year. Human resource managers with more than 20 years of experience earn average salaries ranging from $56,221 to $85,445 per year.
How Much Does Someone With a Degree in HR Make?
Human resource management is an appealing major to college students because of the wide range of well-paying jobs available in this field....
How to Audition To Be a QVC Host
QVC, the shopping network that sells just about everything, depends a lot on the affability of its hosts. A QVC host is...
How Do Job Recruiters Get Paid?
A recruiter is a human resources professional that recruits, qualifies and interviews candidates for organizations. These professionals can work in a variety...
How Much Do Dental Office Managers Get Paid?
Dental office managers coordinate dental offices and interact with staff and patients. In small offices, they can perform bookkeeping, records management, phone...
How Much Does an HR Coordinator Make?
An HR coordinator is a human resources professional who performs a variety of administrative duties to support an HR department and the...
How Much Money Does a Human Resource Assistant Make?
A human resources assistant sets up computer records for each new employee with the name, address, job title, salary and withholding information...
How Much Does an Office Manager Get Paid?
Office managers supervise administrative, clerical and customer service workers and help keep office operations running smoothly. Some of the industries that they...