Human resources managers, sometimes called HR managers, oversee administrative functions in corporations. Many oversee a single HR department, such as payroll and benefits, hiring, training, or employee relations. Others supervise and direct the entire HR apparatus of an organization. Depending on the position, an HR manager usually holds either a bachelor's degree or a master's of business administration (MBA).
Average National Pay
Approximately 98,020 human resources managers were employed in the United States as of 2012, according to the Bureau of Labor Statistics. HR managers reported an average hourly wage of $52.69 and an average annual salary of $109,590. As of May 2012, the median-earning 50 percent reported salaries ranging from $76,350 to $132,620 per year, while the highest-paid 10 percent of human resources managers made $173,140 or more per year.
Pay by Employment Sector
Human resources managers working for colleges and universities reported an average salary of $102,460 per year, while those working for general hospitals averaged $107,540 per year. Local government agencies employed over 7,000 HR managers across the country as of 2012, and paid them an average salary of $93,400 per year. HR managers for securities and commodities brokerages reported an average salary of $149,220 per year, while the very highest salary by industry sector --$157,790 -- was earned by HR managers in the motion picture and film industry.
Pay by Location
As of 2012, HR managers working in the northeastern and mid-Atlantic states reported the highest average salaries in the country, while the lowest-paying states were concentrated in the southeast and the Midwest. New Jersey reported the very highest average salary for this occupation, $137,850 per year. The District of Columbia also reported a very high average salary for this occupation, $133,550. HR managers in Oklahoma reported the lowest average salary in the country, $68,440 per year. These salary differences roughly mirror variations in the average cost of living throughout the nation.
The Bureau of Labor Statistics predicts 9,300 new jobs for HR managers through 2020, a to growth rate of 13 percent. Job growth is expected to be slowed somewhat by innovations in computer software that enables HR managers to complete tasks more efficiently. HR managers with industry experience and a master's degree are expected to have the best employment opportunities.