Human resource (HR) managers manage the requirements of a company’s work force. They recruit, interview, and hire workers with the support of other business managers. Also, they are accountable for employee services, make sure that managers follow employment laws, and oversee the work of HR staff. HR managers typically need at least a bachelor’s degree in company administration, labor relations, or human resources.
Based on the U.S. Bureau of Labor Statistics, the 110,650 HR managers working in the country. They make an average of $111,180 per year ($53.45 per hour). The lowest-paid 10% receive less than $58,780 yearly ($28.26 hourly). While the highest-paid 10% earn more than $177,460 per year ($85.32 an hour). These factors change, however, when calculating the salary expectations based on three unique variables:
- the employer,
- the sort of business,
- the condition where you work.
Salary Based on Employer
The largest companies of HR managers are companies that take over the management of other businesses, either as consultants or through hostile stock takeovers. They employ over 15 percent of HR managers and pay an average salary of $125,940 per year, or $60.55 per hour. The second-largest company is the local authorities with 7% of their jobs and average salary of $94,520 yearly, or $45.44 hourly. In third are general medical and surgical hospitals with 4 percent of the jobs and mean pay of $108,550 a year, or $52.19 an hour.
Salary Based on Business
The highest-paying business belongs to security and commodity brokers, averaging $156,350 per year, or $75.17 a hour. Position second for pay are other information services such as libraries, internet providers, archives, and news syndicates. They pay an average of $154,450 yearly ($74.26 hourly). Rounding out the top three are peripheral and computer equipment manufacturers, offering an average $148,980 a year ($71.63 an hour).
Salary Based on Condition
The nations with the most jobs for HR managers have the most people and the best number of workers. At the top is California, with nearly 13 percent of the HR manager jobs and average pay at $122,190 per year, or $58.74 per hour. The next most populous state of New York has the second biggest number of jobs at 8 percent. Mean salaries here run $128,650 per year ($61.85 per hour). The next most populous country, Texas, ranks third for HR manager jobs at 6 percent. Wages averages $116,640 yearly ($56.08 hourly).
For pay, New Jersey tops the country list with mean salaries at $138,210 per year, or $66.45 per hour. Delaware is next, averaging $136,090 yearly, or $65.43 hourly. The District of Columbia, which the Bureau of Labor Statistics ranks with states, is third with mean pay at $136,060 per year, or $65.41 per hour.
Among metropolitan areas, it’s no surprise that the nation ’s major population center boasts the maximum number of jobs for HR managers beginning with New York City. It comprises almost 7% of the HR director positions with averages at $136,480 per year, or $65.61 per hour. In terms of pay, the heart of Silicon Valley, which is in San Jose, California, shows the maximum average of $161,890 yearly, or $77.83 hourly.