The average human resources manager salary is R29,900.00 per month (Salary Explorer). A human resources manager’s position is financially rewarding and has benefits, including employer contributions to pension funds and medical aid. Great responsibility comes along with so many benefits.
The position of human resources manager calls for a set of talents, and individuals who flourish in this position have a solid grasp of the following:
One can become an HR manager and earn a good salary with these skills and others. However, an HR manager needs to have additional qualifications in addition to their skill set. When calculating an HR manager’s pay, qualifications are taken into consideration.
One can earn an average wage in the field with a bachelor’s degree or similar qualifications. Postgraduate degree holders are more likely to make more money than the average Human Resources Manager.
Years of experience in the field are also very important for a human resources manager to earn a high salary. The pay for human resources managers in South Africa is broken down below in accordance with their level of experience.
A human resources manager with 0 to 4 years of work experience earns an average salary of R286,000.00 yearly. This is an entry-level position, and the remuneration may also include benefits depending on the company one works for. To reward good work, bonuses and commissions might be added.
Individuals with 0 to 1 year of job experience in this category make the least income. The average monthly salary for human resources managers with 0 to 1 year of experience is R208,126.00. Private and public organizations pay more than state-owned businesses for an entry-level human resources manager.
Those with 4 years of job experience receive the highest salaries in this group. Earnings for Human Resources Managers with 4 years of experience can reach R29,500.00 per month.
A human resources manager with 5 to 10 years of experience can expect to make an average income of R384,844 per year (Payscale). This average salary is based on an analysis of 468 salaries for HR positions requiring 5 to 9 years of experience. This level comes with more managerial requirements.
In the field, those with 5 – 10 years of professional experience are recognized as intermediate. With so much experience, individuals could earn up to R50,200.00 every month. The lowest paid individuals in this category are those with 5 years of experience, and their starting salaries start at R32,000.
Human resource managers are expected to have a 30% wage rise when moving into this category. A master’s degree in the field can also lead to a 39% increase in income.
A human resources manager with 10 to 15 years of experience may expect to make an average income of R60,800.00. When compared to people with 5 to 9 years of work experience, the remuneration represents a 21% rise. The level of knowledge and the amount of work required are the key cause of the growth in salary.
At this level, pay also includes rewards and benefits. Benefits include employer contributions to medical assistance, preservation funds, pension funds, and provident funds. Commissions and bonuses for exceptional performance are also taken into account.
A human resources manager with 15 to 20 years of experience may expect to make R66,500 per month on average. It is advantageous to stay in the trade for a longer period of time because the income reflects a 9% increase from the category of 10 to 15 years of work experience.
The maximum annual salary that falls under this group is R900,000. Benefits and incentives are a part of one’s compensation package, but they differ depending on your employer and occasionally, your industry. At this level, the position also calls for excellent management skills and the capacity to delegate specific duties.
A human resource manager with 20+ years of experience can expect to make an average income of R69,900.00. This is a 5% increase over the average salary for workers with 15 to 20 years of experience. Depending on the business one works for, salaries for human resource managers with 20+ years of experience can be very high.
If employed by a large company, a human resources manager could make up to R1.8 million annually (Robert Walters). Employees of listed companies may earn higher annual compensation. A vice president of HR may receive a salary of up to R2,9 million annually. High levels of qualification in the profession and many years of work experience are necessary for this high pay.
One of the highest paying professions in South Africa is human resources management. One can earn more money than the average wage by being an expert in this field. One must be willing to put in a lot of effort both in academics and in the workplace.
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