Compensation and benefits managers

Annual salary rates for human resources workers vary according to occupation, level of experience, training, location, and size of the firm, and whether they are union members.

Median annual earnings of compensation and benefits managers were $66,530 in May 2004. The middle 50 percent earned between $49,970 and $89,340. The lowest 10 percent earned less than $39,250, and the highest 10 percent earned more than $118,880. In May 2004, median annual earnings were $81,080 in the management of companies and enterprises industry.

Median annual earnings of training and development managers were $67,460 in May 2004. The middle 50 percent earned between $49,060 and $91,020. The lowest 10 percent earned less than $36,430, and the highest 10 percent earned more than $119,580.

Median annual earnings of human resources managers, all other were $81,810 in May 2004. The middle 50 percent earned between $62,080 and $106,440. The lowest 10 percent earned less than $48,060, and the highest 10 percent earned more than $136,600. In May 2004, median annual earnings were $92,590, in the management of companies and enterprises industry.

Median annual earnings of employment, recruitment, and placement specialists were $41,190 in May 2004. The middle 50 percent earned between $31,820 and $55,540. The lowest 10 percent earned less than $25,690, and the highest 10 percent earned more than $76,230. In May 2004, median annual earnings in the industries employing the largest numbers of employment, recruitment, and placement specialists were:

Median annual earnings of compensation, benefits, and job analysis specialists were $47,490 in May 2004. The middle 50 percent earned between $37,050 and $59,860. The lowest 10 percent earned less than $30,030, and the highest 10 percent earned more than $74,650. In May 2004, median annual earnings in the industries employing the largest numbers of compensation, benefits, and job analysis specialists were:

Median annual earnings of training and development specialists were $44,570 in May 2004. The middle 50 percent earned between $33,530 and $58,750. The lowest 10 percent earned less than $25,800, and the highest 10 percent earned more than $74,650. In May 2004, median annual earnings in the industries employing the largest numbers of training and development specialists were:

According to a 2005 salary survey conducted by the National Association of Colleges and Employers, bachelor’s degree candidates majoring in human resources, including labor relations, received starting offers averaging $36,967 a year.

The average salary for human resources managers employed by the Federal Government was $71,232 in 2005; for employee relations specialists, $84,847; for labor relations specialists, $93,895; and for employee development specialists, $80,958. Salaries were slightly higher in areas where the prevailing local pay level was higher. There are no formal entry-level requirements for managerial positions. Applicants must possess a suitable combination of educational attainment, experience, and record of accomplishment.

Human resources, training, and labor relations managers and specialists held about 820,000 jobs in 2004. The following tabulation shows the distribution of jobs by occupational specialty:

Human resources, training, and labor relations managers and specialists were employed in virtually every industry. About 21,000 specialists were self-employed, working as consultants to public and private employers.

The private sector accounted for more than 8 out of 10 salaried jobs, including 11 percent in administrative and support services; 9 percent in professional, scientific, and technical services; 9 percent in manufacturing; 9 percent in health care and social assistance; and 9 percent in finance and insurance firms.

Government employed 17 percent of human resources managers and specialists. They handled the recruitment, interviewing, job classification, training, salary administration, benefits, employee relations, and other matters related to the Nation’s public employees.

(from the Occupational Outlook Handbook: Human Resources, Training, and Labor Relations Managers and Specialists)

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