Are you a “people person”? Do you enjoy working with policy and handling problems? Are career in human resources might be for you! Almost ever company out there has a human resources department, or at least a staff member specifically in change of dealing with human resources-related issues. If this is something you’d like to do as a career, getting a degree in the field is your first step. Let’s take a look at the average salary you can expect if you earn a degree in human resources.
Base Salary for Human Resources Workers
According to PayScale.com, the average human resources manager makes between $35,000 and $90,000 annually, depending on a number of factors. Keep in mind that you may get bonuses as well. in the corporate work, most companies give their employers annual bonuses when the company is doing well, and for a human resources manager, this bonus can total up to $12,000. While most earn a salary of under $90,000, with some experience in the field and a job with a top-tier company, you can even earn a six-figure salary as a human resources manager.
Salary by Title
At smaller companies, you’ll likely find a very small human resource staff made up of just one or two people. However, at larger corporations, the human resources team is much larger, comprising an entire department. Salary often depends on your specific title within this department. The highest-paid position is typically the general human resources manager, or the person who manages the entire human resources team. Average salary for this position is $96,000 annually. Another high-paying job in this department is the human resource manager in charge of training and development; this person makes an average of $87,000. As a benefits and compensation human resources manager, you won’t be far behind, averaging $86,000 per year, and also a part of the human resources team are recruiters, who average around $45,000 annually. Every company is structured different, so there might be other types of human resources manager in your company; these are simply the most common.
Other Factors Affecting Salary
Along with your title, other factors that will affect your salary include the degree you’ve earned, your experience both in the field in general and with your specific employer, your location, and the type of employer who hires you. Keep in mind that you should consider benefits packages as well when comparing human resource salaries.