{"id":169952,"date":"2023-12-28T08:31:59","date_gmt":"2023-12-28T08:31:59","guid":{"rendered":"https:\/\/businessyield.com\/?p=169952"},"modified":"2024-01-05T08:32:50","modified_gmt":"2024-01-05T08:32:50","slug":"hr-manager-salary-2","status":"publish","type":"post","link":"https:\/\/businessyield.com\/careers\/hr-manager-salary-2\/","title":{"rendered":"HR Manager Salary: Salary Guide 2024","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
Having someone to oversee, supervise, and guide the tasks of an organization’s human resources department is why the HR Manager role is always in demand. Salary information for HR managers, including average and entry-level salaries, is provided in this article.<\/p>
The average US HR manager’s salary is $80,442. It ranges from $56,000 to $113,000. HR managers earn an average of $38.67 per hour. HR manager salaries depend on geography, education, and experience. Washington, New York, California, New Jersey, and Connecticut pay HR managers the most.<\/p>
In addition to mediating disputes between workers and upper management, a human resources manager’s duties also include vetting applicants, conducting interviews, and selecting new hires. Managers of employee benefits programs may also be responsible for mediating disputes, coaching employees on performance evaluation and advancement opportunities, and other similar tasks. It is common practice to demand human resources managers hold a bachelor’s degree in the discipline.<\/p>
Human resources managers, also referred to as HR managers, are responsible for overseeing various aspects of an organization’s human resources. Talent development, organizational development, employee relations, engagement, and remuneration and benefits are all under their purview. Having a solid grasp of all things HR is crucial for managers in this field. They provide the foundational concepts of the organization and its policies and procedures in this area. They should have little trouble juggling the demands of workers with those of upper management. Human resources managers need excellent leadership, communication, and decision-making abilities.<\/p>
The essential abilities of a human resources manager often include proficiency in performance management, customer service, and payroll processing.<\/p>
An organization’s human resources field operations are overseen by the HR manager. In human resource management, they mediate between the more strategic and more operational aspects. The execution of HR policies and strategies is the responsibility of an HR manager, who reports directly to the most senior HR professional, like the VP of HR. The average HR manager earns a substantial salary because of the strong leadership role he plays. The wage range for an HR manager is between $46,000 and $188,000, according to Glassdoor, a prominent forum for salary reporting.<\/p>
Pay and compensation reporting platforms in the US have varied average total remuneration for HR managers. As a result, we’ve compiled a list of some typical HR manager salary estimates from the most authoritative sources in the industry.<\/p>
The average base wage, according to Glassdoor’s analysis of self-reported data, is $74,178.<\/p>
Salaried human resources managers are disproportionately represented in the middle class and lower. As a bonus, the average monetary bonus is $17,719 each year.<\/p>
The average base salary, according to Payscale, is $69,533. Moreover, the lowest 10% of human resources managers earn less than $49,000, and 90% earn less than $96,000.<\/p>
A base salary of $69,948 is reported on Indeed.<\/p>
In addition to a monetary bonus for managers, Indeed lists several benefits.<\/p>
The average base compensation for an HR manager, according to all three sets of data, is $71,219. Salary ranges for human resources managers are dependent on several variables, including the size of the HR department, the organization’s size, and the job’s location. Consequently, before you pursue a certain job alert, you should think about these aspects that impact the typical total compensation.<\/p>
The complete wage range for an HR manager in the US is based on the number of years they have worked as a manager or in the HR industry overall. In certain sectors, human resources managers can advance along two separate trajectories. There are two possible advancements for an HR manager at present: senior manager and HR director. Additionally, the HR manager has the opportunity to rise through the ranks and become the VP of HR. On the other hand, if you work your way up to the position of HR director, you’ll be eligible for such a promotion.<\/p>
Pros climb the corporate ladder after working as a human resources manager for two or four years. The average yearly salary for this position, across all industries, is $118,618. The senior human resources position has over 3,000 open positions on Glassdoor.<\/p>
To advance to this position, it is ideal to have a few more years of experience as a senior HR manager. At the head of any management team is the lead human resources manager. According to Glassdoor, a qualified lead HR manager may expect a yearly salary of $125,529 and can choose from approximately 30,000 available positions.<\/p>
Taking on this much more senior managerial position is a necessary rung on the career ladder for human resources managers. There are numerous openings for the position of assistant director of human resources, which pays an average of $76,609 per year, according to Glassdoor.<\/p>
Human resources departments at larger companies with more complex functions rely on this senior position. The average yearly salary is $144,026 and it necessitates a great deal of professional expertise.<\/p>
The human resources manager’s executive duties are handled by this senior position. The average yearly salary is $238,987, and you need at least eight years of experience in human resources.<\/p>
An entry-level human resources manager in the US can expect to earn an average of $47,831 per year. For those who prefer a more straightforward method of calculating wages, that amounts to around $23.00 per hour. That works out to $919 each week or $3,985 per month. Salary ranges for entry-level human resources managers in the US range from $40,500 (25th percentile) to $52,000 (75th percentile), with the highest earners (90th percentile) bringing in $59,500 per year. An entry-level human resources manager’s salary can vary widely (by as much as $11,500 on average), indicating that there is room for growth and compensation increases depending on factors including experience, education, and geographic region.<\/p>
The average yearly income for an entry-level human resources manager in your region is $47,831, which is in line with the national average. Ranked highest among all fifty states in terms of entry-level human resources manager wages. At all times, ZipRecruiter searches its database of millions of active jobs posted locally around the United States to determine the most accurate annual salary range for entry-level HR manager positions.<\/p>
Here are ten locations where entry-level human resources managers may expect to earn more than the national average. The city of Berkeley, California, ranks first, followed closely by New York City, New York, and Renton, Washington. The national average is $47,831; Renton, WA, is $7,683 (16.1%) higher; and Berkeley, CA is $10,076 (21.1%) higher. <\/p>
The chances for monetary progression as an entry-level HR manager seem to be exceptionally profitable, given that these ten cities have average incomes higher than the national average. Lastly, it’s worth noting that the average pay for these top ten cities is 8% lower in Richmond, CA, compared to Berkeley, CA, further indicating that there isn’t much room for salary growth. When deciding between different locations and salaries for an entry-level human resources manager position, it may be wise to prioritize those with potentially lower costs of living.<\/p>
According to the BLS, the median annual compensation for HR experts is approximately $62,000. The top 10% of HR specialists earn more than $100,000 per year.<\/p>