HR Salary Guide USA and Canada

To construct a platform for the next generation, organizations require themselves to keep up with hiring trends, as well staying at the front of the race for talent. As unemployment increases, the information presented in the guide will explain the job areas that are going to be the fastest growing as well as the current hirers’ strategy to fill those job positions and keep the workers. Moreover, this guide will include the HR salaries (relative to the market) that people in business will receive in 2024. It’s a challenge for candidates to positively self-assess their value in a market where hiring managers are more specific about who they are bringing on board. Be it as the hiring manager, CEO, CFO, CIO, or job-seeker, our 2024 salary guide for Canada and the USA is at your service.

Did you know HR managers are among the professions with the fastest growing jobs (according to the prediction of the US Bureau of Labor Statistics, from 2019 to 2029)? The predicted growth is 6%, which is higher than the average projected increase for all careers. Human talents associated with human resources management are irreplaceable in any organization. An HR team is responsible for basically employee recruitment, development of staff and work process as well as organizational policy. As firms around the world are putting their feet towards new and upcoming technologies, laws, and programs on employee experiences and engagement, it seems necessary to develop specific labor laws that cater to the new age employment situations.

It goes without saying that anyone interested in a career in HR management would like to know the typical pay for HR managers in the USA and Canada, but it’s also a good idea to find out what an actual HR manager job entails. What is it about this position that appeals to you in the job description? What types of abilities are required to select the job that suits best the dynamic and unpredictable working environment? Dig in further to know about the HR salary in the U.S.A and Canada, factors that determine pay, and the job profile along with the upgrade programs enabling you to become skilled and thrive in the industry.

The Human Resource (HR) management in Canada

Controlling the organization’s human resources through employee hiring, training, and welfare is the responsibility of a human resource manager in HR in Canada. HR specialists are vital members of the workforce, carrying out crucial tasks including talent sourcing, reskilling, and preparation to meet the constantly evolving demands of the workplace. This is a region of employment that is ever-evolving and has space for growth and contribution in different national field sectors.

The career prospects of HR in Canada 

In Canada where HR professionals are needed in many industries and sectors and hiring organizations have realized that the role played by effective human resource management is critical, in 2024 the prospects look promising. In recent years, the economic growth of Canada and its workers working around the world has led to human resources being one of the most sought-after careers in Canada. 

• According to a projection made by Canada Job Bank, nearly 48,600 jobs will remain unfilled between the years 2022 and 2031.
• According to Job Bank Canada, HR-specialized jobs in Canada are expected to showcase a 6.3% above-average growth rate from the years 2019 and 2028.
• HR professionals in Canada earn top HR salaries close to CAD 83,200 per year on average.
• Today, the employees number almost 40,000 managers in the HR department and 37,000 people who handle recruitment and HR activities.
• The Canadian HR professionals work in a wide spectrum of industries giving human resources practitioners the chance to concentrate and climb the career ladder in the area of their interest whether it is the private, public, or not-for-profit sector.
• The typical annual HR salary of a manager in the U.S. is $80,864, according to it. This including location and level of seniority can bring salaries from $55,258-$118,335.
• In Canada, annual pay is CAD 81,979 (~USD 60,000) on average.
• The UK average salary stands at £42,812 (~USD 53,500 in 2019 data).

Let’s begin with analyzing the difference in HR manager salary across seniority levels and other factors that affect the pay. Afterward, we’ll be discussing an HR manager’s role. HR manager remuneration depends on experience. Job titles are usually connected to experience level in a given company, but sometimes this does not reflect in job titles, so we are going to place the job titles here apart.

Senior Manager HR Salary

Based on the figures of Salary.com, the United States average senior Human Resources Manager’s HR salary may reach $102,059 a year, fluctuating between $79,837 and $126,578. In Canada, the average senior HR manager earnings per year is $116,000 (~ USD 85,000 earnings). In The UK an average HR senior manager’s salary is £79,000 (~$106,000).

HR Director Salary

According to statements of Salary.com, the mean HR director’s wage in the USA is $179,546 which is lower than – $158,488 and higher than $202,438. On account of the Canadian economy, the average income for a senior HR director is CAD 156,000 =~$ USD 114,000. The UK has the highest executive pay for a senior HR director at the level of £121,000 (~USD 151, 00).

Vice President of HR

The information indicates that a vice president of human resources in the US typically makes between $235,000 and $323,000. Read further and see how HR business managers’ wages differ and what company you choose, you will earn more. Emolument of a VP HR in Canada is 283 000 CAD (~ US $206, 500). In the UK the majority of positions of VP HR (VP Human Resources) salaries are £121K, (~USD 219,000).

U.S.A as an average HR salary for HR manager

The average base HR salary of HR managers in the U.S.A. is US$ 68,766. Based on job experience, the average HR salary that an HR manager in the United States might anticipate is as follows (according to pay scale):

• The average HR manager starting with a junior position in this category will receive a yearly HR salary in the area of 52,280 US dollars besides the aggregate wage, this also comprises tips, bonuses, and overtime wages.
• The entry-level HR manager whose experience is less than 4 years will take home an HR salary of US $ 60,420.
• An HR manager with 5-9 years of experience may receive an average annual HR salary of $69,326 by the middle of his career.
• USA $73,990 is the average yearly sum of the total HR salary of a mid-career trained HR professional with 10-19 years of experience.
• Workers with about 20 years of experience and who are in their late-career stage will receive on average around US$ 75,719 as HR salary.

Factors that influence the HR salary of the Human Resources manager, on the other hand, the salaries of individual HR Managers vary depending on the position, skills, experience, involvement in a certain area, and HR certifications.

Location

Among the principal components influencing regional HR managers is their location. In general terms, workers in the U.S. are paid more compared to workers in the UK or Canada. What is more, such geographical placement is manifested inside the USA with monster cities of New York, San Francisco, and Los Angeles that are characterized by a sky-high ACL (Average Compensation Level) generally paying higher HR salaries.

Years of experience

Just as it is with almost any other career, the reward package is largely determined by how much time one has worked in the profession. For instance, an HR manager with a deficit of less than a year of experience would earn considerably less than someone who had accumulated more than 6 years of experience. 

Specialization

Maybe an HR manager is just a person who has to deal with some specifics such as succession planning, recruitment, or organizational design, because why not get a high HR salary reward?

Comparative Analysis of HR salary: USA vs. Canada

Overview of HR practices: You need to include a few statements on the same topic- the difference in HR practices and regulations between the US and Canada. However, you also need to be specific and highlight some of the significant similarities and differences in areas such as employment laws, healthcare benefits, and labor unions.

Salary trends: Evaluate the latest HR salary information and employment trends in both countries, taking into account indicators i.e. inflation, job situation, GDP, and industry-specific changes, which can affect the compensation provided to the HR.

Regional variances: Look at the regional differences in the USA and in Canada addressing the HR salary differences between the urban and rural areas and also the provinces/states that have different economic situations and a different growth index.

Recap of key points

Summarize the main elements causing HR salary variations, that is, geographic location as well as industry dynamics, education, experience, and company size. Future perspectives: Emphasize altering the landscape of HR salary, taking into account emerging tendencies, new technologies, and dynamic economic factors that shape the work market for tomorrow. Conclude with the significance of legal and fair compensation systems for talent attraction, retention, and motivation. It is also vital for employers to handle fluctuations in the market to secure their need for human resources.