The elite ‘super HR professionals’ who sit on the boards of big private sector organisations are earning an average base salary of £328,000 a year, research shows.
In companies with revenues of more than £5bn, board-level HR directors earn an average of £105,000 a year more than those who sit on executive committees, the PricewaterhouseCoopers Monks reward database reveals.
In companies with revenues of between £1bn and £5bn, the difference in HR director base salary between board and exec level stands at £59,000.
HR directors have long debated the merits of being on the board to gain influence. This research may give them another motive.
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HR role | Median base salaries in firms with revenues of £5bn+ | Median base salaries in firms with revenues of £1bn to £5bn |
---|---|---|
Main board director | £328,000 | £208,000 |
Executive committee member | £223,000 | £149,000 |
Senior head of function | £154,000 | £116,000 |
Head of function | £112,000 | £83,000 |
Senior professional | £68,000 | £56,000 |
Source: Monks reward benchmarking database, PricewaterhouseCoopers
- Personnel Today this week relaunches its senior jobs pages focusing on vacancies that carry salaries of £60,000-plus. Our jobs website www.personneltodayjobs.com also currently carries more than 350 jobs with salaries in this bracket.