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Salary of an HR Manager: Per month, Company wise salary, Designation wise salary 2023

The job of an HR Manager is to advise and train managers on various organizational policies to maintain employee relationships. They manage daily operations and business development for the HR Program. They oversee policy, procedures and compliance relating to employees for their organizations. Apart from that they are also in charge of salary disbursement, employee reviews and hiring fresh talents for an organization. The average salary of an HR Manager usually ranges between INR 3.50 L – 5 L annually. However, after gaining substantial years of experience, candidates can expect their pay package to go up to as much as INR 21.77 LPA.

In order to become an HR Manager, candidates must complete class 12th board exams with a minimum score of 60%. After clearing class 12th, candidates aspiring to become an HR Manager must pursue either Undergraduate and Postgraduate Management Courses or Human Resource Management Courses, such as BBA HR or MBA HR, from any of the Top Management Colleges in India including the IIM’s and other colleges such as IIM Kolkata, IIM Indore, IIM Ahmedabad, Faculty of Management Studies, Delhi and many more. Admissions to these colleges are done on the basis of Management Entrance Exams such as CAT, XAT, MAT, SET etc.

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Average Salary of an HR Manager

The average annual salary of an HR Manager ranges from INR 3.46 L – 4.45 L. However after gaining substantial years of experience, candidates can earn up to INR 22 L. According to Glassdoor, the highest salary of an HR Manager is INR 20.93 LPA, while the lowest salary is INR 3.21 LPA. According to Payscale, the per month salary of an HR Manager ranges from INR 51,878 - 53,100. 

Some of the top recruiters for an HR Manager are ICICI Bank, Deloitte, KPMG, TCS, Wipro and many more. Their monthly salary ranges from INR 41000- 60000. The salary is also dependent on some other factors such as Skills, years of experience and the qualification that the candidate possesses. 

Salary of an HR Manager: Designation-Wise

Tabulated below is the salary of an HR Manager on the basis of Designation, 

Designations Average Annual Salary (INR)
HR Manager 8.00 L
Senior HR Manager 13.00 L
Lead HR Manager 17.00 L
Assistant Director of HR 29.91 L
Associate Director of HR 39.39 L
Vice President of HR 45.62 L

Salary of an HR Manager: Job Profile Wise

The average salary of an HR Manager on the basis of their job profile are tabulated below for your reference, 

Job Profiles Average Annual Salary
Training and Development Manager Check Salary
Labour Relations Specialist Check Salary
Administrative Service Managers Check Salary
Compensation and Benefits Managers Check Salary

Salary of an HR Manager: Experience Wise

The following is the salary of an HR Manager on the basis of experience gained,

Years of Experience Average Annual Salary (INR)
0-5 years 5.3 L
6-10 years 6.8 L
11 -15 years 15.43 L
16-20 years 21.5 L
20 years & above 25. 20L

Salary of an HR Manager: Qualification Wise

The average salary of an HR Manager on the basis of qualifications pursued is provided for your reference,

Qualifications Average Annual Salary (INR)
Diploma 4.0 L
BBA Graduate 7.5 L
Post Graduation 10.1 L
PhD 27 L

Salary of an HR Manager: Placement Wise

The average salary of an HR Manager on the basis of placements acquired is provided below

Name of the Colleges Average Annual Salary
IIM Indore 20.4 L
IIM Bangalore 19.2 L
IIM Kolkata 23.1 L
IIM Lucknow 15.0 L
Xavier School of Management, Jamshedpur 11.4 L
Faculty of Management Studies, Delhi 15.8 L
Amity University 7.20 L
Symbiosis, Pune 16.12 L

Salary of an HR Manager: Company Wise

The average salary of an HR Manager on the basis of the companies that they are working in is given below in the following table:

Name of the Companies Average Annual Salary (INR)
TCS 12.10 L
ICICI Bank 14.20 L
Mahindra & Mahindra 10.30 L
Cognizant 16.50 L
Reliance Industries 10.82 L
HCL Technologies 10.30 L
Deloitte 20.30 L

Salary of an HR Manager: Country Wise

Make a table discussing the average salary of an HR Manager across various countries,

Name of the Countries Average Annual Salary (INR)
Russia 12.71 L
USA 61.84 L
UK 33.92 L
France 42.43 L
China 56.12 L
Dubai 67.32 L

Salary of an HR Manager: City Wise

Tabulated below is the average salary of an HR Manager across various cities, 

Name of the Cities Average Annual Salary
Chennai 7.76 L
Mumbai 8.00 L
Bengaluru 8.71 L
Delhi 7.00 L
Noida 6.34 L
Pune 7.50 L
Kolkata 5.51 L

Skills Required to Become an HR Manager

The skills required to become an HR Manager that can make an impact on the career are as follows,

Strategic Thinking Leadership Collaboration
Consulting Performance Management Excellent Communication
Influencing Organized Problem Solving

Salary of an HR Manager: FAQs

Ques. What does an HR Manager do?

Ans. An HR Manager performs several role such as: 

  • Train managers on policies
  • Maintain employee relationships 
  • Manage daily operations 
  • They follow procedures for compliance 

Ques. Which course to pursue to become an HR Manager?

Ans. The courses which the candidate can pursue to become an HR Manager are:

  • Diploma in Human Resource Management 
  • BBA Human Resource Management
  • MBA Human Resource
  • PhD In Human Resource Management 

Ques. What are the benefits of being an HR Manager?

Ans. Their are following benefits of being an HR Manager are:

  • High salary package
  • Opportunity to learn everyday
  • Great career opportunities 
  • International opportunities 

Ques. What is the average salary of an HR Manager? 

Ans. The average salary of an HR Manager ranges from INR 8 L- 11.20 LPA.

Ques.Which are the entrance exams that the student has to appear for?

Ans. The candidate must appear in the following entrance exams:

  • CAT
  • MAT
  • GMAT
  • IPU CAT
  • SET 

Ques. What are the fees of pursuing an HR Management course in IIMs?

Ans. In IIMs, the fee structure is different for different IIMs. The fees range from INR 60000- 5 L per year. 

Ques. What is the highest salary of an HR Manager?

Ans. According to Glassdoor, The highest salary of an HR Manager in India is INR 39.31 LPA. 

Ques. What are the skills required to become an HR Manager? 

Ans. The skills required to become an HR Manager are:

  • Detail Oriented
  • Organizational Development
  • Attention to Detail
  • Problem Solving

Ques. Which are the top management colleges in India?

Ans. The top management colleges are:

  • Indian Institute of Management, Kolkata
  • Indian Institute of Management, Bangalore
  • Xavier School of Management, Jamshedpur
  • Faculty of Management studies, Delhi

Ques.Where does an HR Manager work?

Ans.The HR Managers works in the following sectors:

  • Corporate 
  • Public Sector Organizations 
  • MNCs
  • Universities, Colleges and Management 
  • Consulting Firms

Ask your question

Answered Questions

SV

Suman Vaidya

20 Apr 23

If you are interested in studying energy management, you can choose NTPC School of Management. The college has trained a large number of professionals over the years.

BIMTECH is better if you’re interested in any other domain. It has been offering various industry-relevant programs and good placements.

Particulars

NTPC MBA

BIMTECH MBA

Highest Package

INR 25 LPA

INR 23.43 LPA

Average Package

INR 12 LPA 

INR 9.38 LPA

Fees

INR 1,630,000

INR 11 L - 13 L

With the table mentioned above, you can easily analyze the ROI and choose what’s better for you.

...Show More

NM

Neetu Mishra

26 May 22

No, Amity Noida is not a good option for an MBA in HR. Very few recruiting companies offer HR job roles. From the company pool, there will be hardly 2-3 companies offering HR job roles. Also, the placement packages offered are average. Amity Noida MBA placements 2022 concluded with an average CTC of INR 6 LPA.

...Show More

PS

Priyanka Singhal

14 Apr 22

XIMB HRM is among the top 5 HR courses in the country. The institute has a great curriculum for HRM. Attrition is low in HR, so you might not find newer roles. However, XIMB offers decent job roles to students. 

HRM students are usually recruited in Talent Acquisition roles, Recruitment roles, etc. Students also receive lots of offers from Consulting companies. In general, roles offered by Consulting companies are Business HR or Analytics. 

...Show More

TC

Tanuj Chandra

10 Mar 23

When it comes to choosing a college for studying HR, it's important to weigh all your options carefully. While there may be more renowned colleges out there, if you don't have any other option and HR is your passion, then taking admission to this college might be the right choice for you.

However, just attending classroom lectures is not enough. You need to be proactive and build a strong network in the HR community. You can achieve this by attending HR Conclaves, Conferences and interacting with professionals in the field. Additionally, try to do 2-3 internships with prestigious organizations, as this will provide you with hands-on experience and improve your chances of getting hired.

Communication skills are also crucial in HR, so make sure to work on your verbal and non-verbal communication. Practice your speaking and presentation skills, and work on your body language to make a positive impression. With hard work and dedication, you can succeed in HR regardless of which college you choose.

...Show More

AC

Arindam Chakraborty

22 Apr 21

In recent day’s globalization and the extremely advanced business environment, business organizations worldwide face several uncertainties. It is important for the business's survival, employee motivation, and worldwide development to retain a highly competitive and diverse marketplace. 

MBA - HRM at XIMB:

The program helps you with vigorous training in HRM theories and practical knowledge. It successfully builds a holistic business perception in student’s minds with positive business principles and social understanding.

  • The course is intended to extend highly experienced HR professionals.
  • It imparts the skill, knowledge, and experiences that are indispensable to direct an organization’s HR department.
  • This program offers in the disciplines of OB (Organisational Behaviour), HRM (Human Resource Management), and IR (Industrial Relations).
  • Students from other study backgrounds like Marketing, Strategic Management, Operations, Economics, Accounting and Finance, Information Systems, and Business Ethics can study.

Academics

  • The course is covered within six-term with three months duration for each. Thus, the academic year consists of 3 terms in this institute.
  • The first term starts in June and ends in September. The second term begins in September and lasts up to December, and the third term duration is from December to March.
  • This program includes 16 class sessions in a week, with 90 minutes duration for each program. Thus, the pupil’s workload, such as term papers, readings, projects, field visits, and classroom sessions, is expected to entail roughly 70 hours in a week.

Thus, if you are a fresher and scored 55% in graduation with XAT /GMAT//CAT/X-GMT/ NMAT scores, then it is suggested not to waste another year. Don’t wait for another try because the selection process is entirely done on the basis of your performances in XAT /GMAT//CAT/X-GMT/ NMAT. The college administration also takes a writing test, group discussion followed by a personal interview session, so be well-prepared without wasting time.

...Show More

AJ

Arshit Jain

02 Mar 23

Certainly, pursuing a career in Human Resources (HR) is a great option for individuals interested in this field. There are several top-notch colleges in India that offer specializations in HR and among them, SCMHRD is considered to be the best. This college is well recognized and respected in the industry, particularly for its HR stream. It is also rated among the top 20 B-schools in India and enjoys a high reputation in the corporate world.

SCMHRD is a hub of opportunities, attracting several top-notch companies from various industries including conglomerates, fast-moving consumer goods (FMCG), consultancy, and information technology. These companies come to the campus to offer a wide range of roles and packages to students. As a result, students are exposed to diverse opportunities and can choose the one that suits their interests and career aspirations the best.

Before making a decision, it is advisable to evaluate all your options based on the majors you want to pursue and the opportunities that are available to you. It is essential to take into consideration factors such as your interests, skills, and goals before making a final decision. With the right approach and mindset, SCMHRD can provide a solid foundation for your career in HR and help you achieve your professional goals.

...Show More

AK

Akash Khurana

28 May 22

For PGP HRM, IIM Indore is a great option. The curriculum is at par with reputed HRM B-Schools such as XLRI. Besides traditional classroom teaching, you will get to learn through workshops, certifications, and guest lectures. Students get real-time industrial exposure through summer internships. 

IIM Indore placements are pretty good for PGP HRM. More than 20 recruiters participated in the PGP-HRM placements 2022. The average CTC offered by the recruiters was INR 20 LPA. 

...Show More

SS

Samriddhi Sarkar

28 May 21

Having friends in both institutions, I suggest you to go NMIMS Mumbai. XIMB HR has recently switched their name from XIMB to XaHR. This cost them a lot in terms of placements. All of the companies, instead of reaching out to XIMB are showing up at NMIMS Mumbai boosting their demand day by day. 

If I were to compare both the colleges based on certain parameters, I would say:

  • Batch: The batch size at NMIMS is 60 which are admitted on grounds of strict merit. On the other hand, XIMB takes in candidates on reservation grounds. 
  • Location: If you have decided to reach Mumbai for your MBA, no doubt that it is indeed the best place. NMIMS provides better corporate interface and project opportunities. 

Placements - 

Categories

MBA HR at NMIMS Mumbai

MBA HR at XIMB

Course Fee 

20.84 lakh

18.50 lakh

Course Duration

2 years

2 years

Highest CTC

22 LPA

28 LPA

Average CTC 

15 LPA

12 LPA

Recruiting Companies

KPMG, EY, Morgan Stanley, Barclays, etc.

Nestle, Berger, HSBC, American Express, etc.

Some of my friends who were on the wait-list of XIMB decided to switch to NMIMS eventually. And some of them withdrew their names from the wait-list just to reach other colleges (these were in the lower-tier) but not XIMB. Even the students who are already studying at XIMB advise others to not reach there.

...Show More

IC

Indrani Chatterjee

17 Apr 23

XLRI Jamshedpur is one of the top business schools in India, and its HR program is highly respected in the industry. Graduating from XLRI with an HR degree can open up many opportunities for you in the HR field, including roles in recruitment, training and development, employee relations, and more. The highest international package offered is Rs. 1.1 Crore for the HR domain, and an average package ranging from 19 to 30 LPA with a vast alumni base are the reasons which make the XLRI (HRM) the most sought-after management program in India.

In terms of the difference between HRM and BM (Business Management) at XLRI, both programs have their unique advantages and career paths. HRM is focused on developing skills related to human resource management, while BM provides a broader business education covering different aspects of management.

Ultimately, the choice between HRM and BM at XLRI depends on your personal interests and career goals. Both programs have excellent faculty and resources, and you can be confident in the education you receive at XLRI, no matter which program you choose.

...Show More

RR

Rohan Raj

03 Mar 23

IMI Delhi has its flagship PGDM course wherein you can choose any specialization in the second year ranging from finance, marketing, and operations to HRM. Apart from this flagship course, IMI Delhi additionally offers a separate specialization program i.e., PGDM HRM (Human Resource Management).

Suitability: The program is targeted toward individuals keen to kickstart their careers in the HR domain. 

Curriculum: The curriculum is industry relevant and is customized according to the recent trends in the industry. So unlike the regular PGDM, the HRM program lays more emphasis on core HR subjects. This basically means that tour core subjects will comprise more HR electives than general Management.

International exchange program: This program enables students from foreign universities to study with the students at IMI Delhi and vice Versa.

Placements: The key highlights of IMI Delhi placements 2023 for PGDM HRM are tabulated below:


 

Particulars 

Statistics 

Average Package

INR 15.58 LPA

Highest Package

INR 20.50 LPA

Median Package

INR 14.82 LPA

Top 10% average package

INR 19.89 LPA

Total Students

35

...Show More

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