Average Salary Range of a Chief human resources officer (CHRO)
If you're considering a career as a Chief Human Resources Officer (CHRO), it's important to understand the salary range you can expect to earn in this position. CHROs typically earn a base salary that ranges from $150,000 to $400,000 per year.
The salary range can vary significantly depending on the size of the organization and the region in which the CHRO is employed. In addition to the base salary, most CHROs receive benefits such as medical and dental coverage, life insurance, and retirement plans.
Bonuses are also common for CHROs, and the amount can range from 10% to 50% of their annual salary. Bonuses are typically based on performance, and the size of the bonus depends on the company’s profit margins and the individual’s accomplishments during the year.
Overall, a CHRO can expect to earn a competitive salary with a range that is dependent on the size of the organization and the region in which they are employed.
With bonuses, the total compensation package for a CHRO can reach up to $1 million or more.