What Are the Highest Paying HR Jobs?Posted October 16, 2018 | By csponline
An improving economy is driving job growth in HR, according to recruiting agency Randstad. Organizations are looking to expand and grow, which is resulting in the need for HR professionals who can help manage the hiring, training, and benefits for new talent. Job volume is especially high in larger markets where bigger organizations are headquartered or have offices.
There are plenty of opportunities within the HR field, which represents several specific job titles and levels of experience. Take a look at the following sections to find the highest paying HR jobs and find out which one is right for you.
Highest Paying HR Jobs
Here are some of the highest paying HR jobs, using real-time salary information from PayScale at time of publication.
HR Generalist: $51,988
An HR generalist performs a wide range of duties in the department, including payroll, benefits, training, and hiring. This entry-level position can lead to advancement opportunities in management or specialization in a specific function, such as developing employee training programs. The generalist may also review company policies and suggest changes.
Strong teamwork skills are needed to work with upper management and staff members. Computer skills, such as proficiency in Microsoft Word and Excel, will help with the typical office work required in HR departments. A bachelor’s degree in HR is often required for this role.
HR Manager: $64,563
An HR manager oversees personnel, policies, and procedures. The manager is also responsible for employee compliance and ensures that the company’s activities adhere to local, state, and federal laws, including those involving insurance programs, flexible work programs, parental leave, open enrollment programs, and vacation and sick leave.
The HR manager is active in the daily operations of the department and the bigger, more strategic elements, such as business planning and budget development.
Excellent leadership, multitasking, and problem-solving skills are needed to thrive as an HR manager. A bachelor’s degree in HR is the minimum educational requirement, and at least a few years of experience in the field is common for pursuing this role.
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HR Director: $85,847
An HR director can have a number of roles depending on the size of the organization. In larger companies, a director may head up several departments and hire managers to oversee them. At smaller companies, the HR director may act alone as the de-facto director and could even serve informally as the HR manager for the whole department.
The HR director is more of a strategic partner, working as a proponent for the company and its employees. Duties may involve the day-to-day problems and complaints surrounding employees, their benefits, payroll issues, and paperwork. Other duties often include ensuring that programs comply with professional standards and laws, overseeing staff operations, recruiting, training, compensation, team building, and leadership.
Interpersonal, managerial, organizational, and computer skills are all important. A bachelor’s degree in HR is the minimum educational requirement, and a master’s degree may be needed for high level positions. Several years of experience may also be required.
Chief HR Officer (CHRO): $154,699
A CHRO is an administrative role that typically reports to the chief executive officer and senior staff. Tasked with supervising all HR administration for the company, the CHRO is responsible for HR practices and regulations, proposing changes to senior management, and generally ensuring that the company has the necessary workforce to meet all business needs and goals.
One particular focus for the CHRO is staff development and retention. Programs and initiatives to train, assign proper management personnel, and give performance-based bonuses can help enhance the organization’s staff. The CHRO continually assesses those types of initiatives and the general performance of personnel under the supervision of the officer. Ensuring that employee morale is high and determining any causes for low morale are primary aspects of cultivating a satisfied, engaged, and, as a result, a productive workforce.
Between eight and 10 years of experience supervising HR staff is a typical requirement for the CHRO position. A bachelor’s degree in HR is the minimum educational requirement; many employers prefer a master’s degree. Several years of experience may also be required.
The Path to a High-Paying HR Job
Excelling communication, teamwork, and computer-related skills can put you on the right path to a successful HR career, but even entry-level roles require a bachelor’s degree.
Build your HR career with Concordia, St. Paul’s online bachelor’s degree in human resource management. If you already have a bachelor’s degree and want to explore manager- and executive-level roles, CSP’s online master’s degree in human resource management can prepare you for the next step in your career. Enjoy small class sizes with a personal, flexible learning environment geared toward your success, and learn from knowledgeable faculty who have industry experience. Get started with CSP today.