According to the Bureau of Labor Statistics, the median annual earnings of human resources managers were $81,810 in May 2004. The middle 50 percent earned between $62,080 and $106,440. The lowest 10 percent earned less than $48,060, and the highest 10 percent earned more than $136,600. The average salary for human resources managers employed by the Federal Government was $71,232 in 2005; for employee relations specialists, $84,847; for labor relations specialists, $93,895; and for employee development specialists, $80,958.
Facts at a glance
- Most entry-level employers prefer college graduates who have majored in human resources, human resources administration, and labor relations.
- Job experience is preferred and essential if you want an advance position as a human resource manager, arbitrator, or mediator.
- Competition for jobs is expected because of all the college graduates out there looking for work and all individuals with experience.
- Human resources provide the connection between top management and employees.
Summary of what this career entails
In filling entry-level jobs, many employers seek college graduates who have majored in human resources, human resources administration, or industrial and labor relations; other employers look for college graduates with a technical or business background or a well-rounded liberal arts education. For many specialized jobs, previous experience is an asset; for more advanced positions, including those of managers, arbitrators, and mediators, it is essential. Intense competition for jobs is expected because of the plentiful supply of qualified college graduates and experienced workers.
Examples and or details of work
There are many career options for an individual who gets into human resource who all handle different aspects. For example, a director of human resources supervises many different departments; recruiters check references and extend job offers, employment and placement managers supervise the hiring and separation of employees.
Degrees that lead to this career
The minimal degree you can attain is an associate’s degree, although most employers require a four-year degree. Some of the degrees individuals can attain include:
- A.A. in Human Resource
- B.S. Human Resource Management
- B.S. in Business Administration-Human Resource Management
- M.S. in Human Resource Management
- M.B.A. in Human Resource Management
- PhD in Organization and Management-Human Resource Management
Specific Career openings in this field
Some of the positions available for individuals who are interested in a career in human resource include human resource generalist, director of human resource, employment and placement manager, recruiter, affirmative action coordinator, human resource consultant, compensation manager, employee benefit manager, and much more.
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2006-07 Edition, Human Resources, Training, and Labor Relations Managers and Specialists, on the Internet at http://www.bls.gov/oco/ocos021.htm