Chief Human Resources Officer (CHRO) Salary
|Salary||$87,165 - $251,566|
|Bonus||$2,686 - $89,943|
|Profit Sharing||$2,000 - $50,868|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$87,757 - $312,168|
Job Description for Chief Human Resources Officer (CHRO)
Chief human resources officers (CHROs) hold a key administration position, regularly reporting to the chief executive officer and advising senior staff. They supervise all human resources administration for their company, including any human resources staff members. They design human resources practices and regulations, as well as present any proposals for changes to senior management and oversee implementation. Additionally, chief human resources officers help ensure their organization has the necessary workforce to meet all of business needs and goals.Read More...
Chief human resources officers must encourage staff development and retention, providing training, developmental assignments, and performance-based bonuses as necessary. They need to regularly assess the efficacy of these initiatives and overall performance of the personnel under their supervision. They must ensure employee morale is high, determining any causes for low morale and working with relevant managers and other staff members to create and implement solutions.
Chief human resources officers should have experience leading a human resources department, generally at least eight to 10 years of experience that includes supervising human resources staff. A bachelor's degree is generally required for this position, and a master's degree may be preferred. Chief human resources officers must have excellent communication, interpersonal, and time-management skills, as well as proficiency with basic computer programs.
Chief Human Resources Officer (CHRO) Tasks
- Manage the day to day operations of the human resources department.
- Oversee and ensure rewards programs are comprehensive, competitive, and align with business goals.
- Develop and improve recruiting practices and succession planning strategies.
- Account for and maintain human resources disciplines such as compensation, benefits, training, talent acquisition, and diversity.
- Design, develop, implement, and manage human resource business projects and procedures.
Chief Human Resources Officer (CHRO) Job Listings
Popular Skills for Chief Human Resources Officer (CHRO)
Chief Human Resources Officers seem to require a number of specific skills. Most notably, skills in Organizational Development, Strategic Planning, Benefits & Compensation, and Employee Relations are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Labor Relations and Employee Relations. Most people who know Employee Relations also know Organizational Development and Labor Relations.
Pay by Experience Level for Chief Human Resources Officer (CHRO)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Salaries for the relatively untried average out to around $89K, but survey participants with five to 10 years of experience earn a significantly higher median of $143K. Chief Human Resources Officers with one to two decades of relevant experience report an average salary of approximately $169K. Chief Human Resources Officers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $194K.
Pay Difference by Location
For Chief Human Resources Officers, working in the bustling city of Chicago has its advantages, including an above-average pay rate. Chief Human Resources Officers can also look forward to large paychecks in cities like Nashville (+32 percent), New York (+25 percent), Washington (+13 percent), and Atlanta (+10 percent). The lowest-paying market is Houston, which sits 18 percent below the national average. Seattle and Phoenix are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 6 percent lower, respectively.
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