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Report Features Salary and Perquisite Data for HR Executives
Oct. 26, 2010 — Equilar recently published a report on pay for leading HR executives. While salary data for HR professionals typically doesn't make the Top 5 listings on proxy statements, Equilar was able to obtain this data through its proprietary Top 25 Survey, in which leading companies self-reported on pay for 530 human resources executives.
The report is based on the individually reported earnings of top HR executives in FY 2009, with some firms boasting more than one leading HR professional. Some findings include:
- The median total compensation for HR professionals reported in Equilar's 2010 Top 25 Survey was $873,149.
- HR executives that were first in the HR hierarchy received a median total compensation of $933,299, while those who were second in the HR hierarchy received a median total compensation of $533,673.
- There is a direct relationship between number of years an HR professional has been with a company and how much he or she gets paid. HR executives with less than three years' tenure had a median pay of $802,411, while those with more than 10 years of tenure had a median pay of $860,673.
- Despite relatively low median revenue, companies in the technology, media and telecommunications industry paid their HR executives more than any other industry. In contrast, HR executives in the financial and insurance industry received less pay than their peers, even though their median revenue was the second highest.
- According to Equilar's 2010 Top 25 Survey, 65.8% of HR professionals were eligible to receive perquisites. Perquisite eligibility shows a direct correlation with company revenue, except at the largest companies. This is likely due to increasing public scrutiny of executive perquisites at the largest public companies.
- Though they earn the highest median pay, HR executives working in technology, media or telecommunications companies are less likely than their peers in other industries to receive perquisites.
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http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.
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