Human resources professionals can earn an annual salary of up to, and in some cases exceeding, £140,000, according to a new salary survey.
Figures outlined in a 2008 Salary Survey conducted by recruiter FSS, found that HR directors in the private sector picked up an average salary of £100,000 in the capital against £80,000 in the Thames Valley region.
In the public sector, salaries for the same positions dropped to an average of £70,000 and a maximum of £100,000.
HR managers working in London take home an average of £50,000 in the private sector, against £42,000 in the public sector, according to FSS.
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According to its clients, the greatest HR challenge is improving performance and leadership management, followed by retention, implementing cultural change and recruitment.
Jo Davies, associate director of FSS HR, said: “It certainly seems as though 2008 is set to be a strong one for HR. Companies are offering highly competitive salaries and benefits to attract and retain the best talent in both the public and private sectors – those candidates with in-demand experience will almost certainly continue to be courted by several potential employers.”