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Benefits June 28, 2000
PAY RAISE – HR Pay Up Strongly in Tight Job Market
June 28, 2000 (PLANSPONSOR.com) - Salaries for human
resource professionals are rising faster than average
salaries - some twice as fast, according to a new study by
William M. Mercer and the Society for Human Resource
Management.
Reported by Nevin E. Adams
The research shows that technical recruiters saw their median total cash compensation soar 10% on average, versus a year ago, compared with average salary increases of 4.2% over the past five years.
HR executives without responsibility for industrial relations saw a 9.3% jump. Comparable executives with industrial relations responsibility experienced just a 5.1% bump, but still earn $6,000 more a year than their counterparts.
Other significant increases within the HR community:
- compensation/benefit managers, up 6.1%
- managerial/professional recruiters, up 5.9%
- HR generalists, up 5.4%
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