Chief Human Resources Officer (CHRO) Salary
|Salary||$90,680 - $254,914|
|Bonus||$4,854 - $92,639|
|Profit Sharing||$3,020 - $51,064|
|Total Pay (||$90,982 - $316,018|
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 only report a few 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 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)
Pay by Experience for a Chief Human Resources Officer (CHRO) has a positive trend. An entry-level Chief Human Resources Officer (CHRO) with less than 5 years of experience can expect to earn an average total compensation of $88,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Human Resources Officer (CHRO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $143,000 based on 56 salaries. An experienced Chief Human Resources Officer (CHRO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $166,000 based on 186 salaries. A Chief Human Resources Officer (CHRO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $201,000 based on 200 salaries.
Pay Difference by Location
Chief Human Resources Officers will find that Chicago offers an impressive pay rate, one which exceeds the national average by 51 percent. Chief Human Resources Officers will also find cushy salaries in New York (+35 percent), Nashville (+29 percent), Louisville (+27 percent), and Philadelphia (+24 percent). The lowest-paying market is Portland, which sits 37 percent below the national average, proving that location is a significant contributor to overall pay. Employers also pay below the national average in Houston (20 percent lower) and Los Angeles (14 percent lower).
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