Are you curious about how much a Human Resources Manager makes in the United States?
In this guide, we’ll take a detailed look into HR manager salaries for 2024. We’ll explore the average pay, factors that affect salary, and what you can expect to earn based on different locations.
So let’s get into it!
What Does a Human Resources Manager Do?
But before we explore more about the salary, let’s quickly review what an HR manager does.
In short, they are in charge of all things related to a company’s employees. This includes:
- Hiring
- Employee Onboarding
- Training and development
- Benefits and compensation
- Resolving conflicts
- Employee Offboarding
- Making sure the company follows labor laws
HR managers play an essential role in keeping a business running smoothly. They make sure the right people are in the right jobs and that everyone is treated fairly.
Average Human Resources Manager Salary In 2024
So, how much does an HR manager make?
According to the latest data, the average salary for an HR manager in the United States is $105.5k per year. That comes out to about $8791.61 per month or $50.72 per hour.
Now, how did we calculate this?
We analyzed all major salary listing websites like Payscale, Glassdoor, ZipRecruiter, and more and analyzed the latest pay scale listed for HR managers.
Then we gathered all that data and calculated the midpoints of each salary range.
Then, finally, we averaged out all the data to calculate the yearly, monthly, and hourly salary.
So you can be sure that the average salary data we shared is one of the latest and accurately averaged salary data.
Of course, this is just an average. Your actual salary will depend on a few different factors, which we’ll cover next.
Factors That Affect Human Resources Manager Salary
1. Location
Where you choose your work location can also largely affect your salary.
For instance, HR managers in big cities like New York, San Francisco, and Los Angeles tend to earn more than those in smaller towns. This is because the cost of living is higher in these areas.
Here are the average HR manager salaries for some major cities:
| US Cities: | Average Salary per Year | Average Salary per Month | Average Salary per hour |
| New York City | $121k | $10,083.33 | $58.71 |
| San Francisco | $133.5k | $11,125 | $64.18 |
| Los Angeles | $115.25k | $9,064.17 | $55.41 |
| Chicago | $113.67k | $9,472.50 | $54.65 |
We used the similar data analysis and calculation process as highlighted earlier to find out these average HR manager salaries in different cities.
Keep in mind that these are just averages. Your actual salary may be higher or lower depending on your specific job and employer.
2. Experience
As with most jobs, HR managers with more experience tend to earn higher salaries.
Here’s a breakdown of average salaries by years of experience:
- Less than 1 year – $72k
- 1-4 years – $85k
- 5-9 years – $102k
- 10-19 years – $121k
- 20+ years – $150k+
If you’re just starting out in your career, don’t worry. With hard work and dedication, you can work your way up the ladder and earn a higher salary over time.
3. Industry
The industry you work in can also affect your salary.
Here are the average HR manager salaries for some common industries:
- Technical Services – $124k per year
- Management of Enterprises – $113k per year
- Manufacturing And Retail – $115k per year
- Healthcare and Social Assistance – $118.5k per year
Once again, these are just averages. Your actual salary may be higher or lower depending on the specific company you work for and your role within the organization.
4. Education
While it’s possible to become an HR manager with just a bachelor’s degree, many employers prefer candidates with a master’s degree. Those with advanced degrees tend to earn higher salaries.
For instance, data from Franklin University shows that HR professionals who have a master’s degree earn about $80k. On the other hand, those with a bachelor’s degree get only about $64k.
So, if you’re thinking about getting a master’s degree, it could pay off in the long run with a higher salary.
5. Certifications
Getting certified in HR can also boost your salary.
The Society for Human Resource Management (SHRM) offers two main certifications:
- SHRM-CP (Certified Professional)
- SHRM-SCP (Senior Certified Professional)
To earn these certifications, you need to pass an exam and have a certain amount of work experience.
Here are the average salaries for HR managers with these certifications:
- SHRM-CP – $75k
- SHRM-SCP – $90k
Getting certified shows employers that you have a high level of knowledge and expertise in HR. It can make you a more competitive job candidate and help you earn a higher salary.
Job Market’s Overview For Human Resources Managers
Now that we’ve talked about salaries, let’s take a quick look at the job outlook for HR managers.
According to the Bureau of Labor Statistics, employment of HR managers is projected to grow 5% from 2022 to 2032. This is faster than the average for all occupations.
As companies continue to grow and expand, they will need HR managers to oversee their employees. There will also be a need for HR managers to help companies navigate complex employment laws and regulations.
Is Human Resources Management A Good Career?
If you’re considering a career in HR management, you might be wondering if it’s a good choice.
Here are a great things to consider about HR management as a career pathway:
- HR managers play a crucial role in helping companies succeed. You can make a real difference in people’s lives by creating a positive work environment and helping employees grow and develop.
- The job market for HR managers is strong, with projected growth of 5% over the next decade.
- HR managers earn a good salary, with an average of $100k-$150k per year.
- There are opportunities for advancement, especially if you earn advanced degrees or certifications.
Of course, like any job, HR management has its challenges.
You’ll need to be able to handle difficult situations and make tough decisions. But if you’re a people person with strong communication and problem-solving skills, it can be a very rewarding career.
Final Thoughts
In a nutshell, the average salary for a Human Resources Manager in the United States in 2024 is $105.5k per year. However, your actual salary will depend on factors like location, experience, industry, education, and certifications.
The job market for HR managers is great, with projected growth of 5% over the next decade.
Overall, if you’re considering a career in HR management, it can be a great choice with good salary potential and opportunities for advancement.
Want to grow faster in your HR career? Check out hrtech to explore industry leading courses and training programs that will help you enhance your HR skills.