Chief Human Resources Officer (CHRO) Salary
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.
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Popular Skills for Chief Human Resources Officer (CHRO)
Chief Human Resources Officers note just a narrow range of job skills. Most notably, skills in Organizational Development, Strategic Planning, Benefits & Compensation, and Employee Relations are correlated to pay that is above average. Skills that pay less than market rate include Labor Relations and Employee Relations. The majority of those 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.
Chief Human Resources Officers who reported more years of relevant experience also reported higher earnings. Relatively untried employees who have less than five years' experience make $88K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $146K. Chief Human Resources Officers who work for 10 to 20 years in their occupation tend to earn about $165K. Old hands who claim more than two decades on the job enjoy average earnings of $188K.
Pay Difference by Location
Home to some of the best pay for Chief Human Resources Officers, Chicago offers exceptional salaries, 40 percent above the national average. Chief Human Resources Officers can also look forward to large paychecks in cities like Nashville (+32 percent), Atlanta (+24 percent), New York (+18 percent), and Washington (+14 percent). Houston is the lowest-paying area, 17 percent south of the national average.
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