What represents the utmost rank or authority within the field of Human Resources?Head of Human Resources (HRO)The journey in the field of human resources ultima...
Aug 29,2024 | Yilia
Head of Human Resources (HRO)
The journey in the field of human resources ultimately culminates in the role of the head of human resources, representing the pinnacle of one's career aspirations.
The position of People Lead transcends the conventional HR Director role, encompassing a broader scope. A People Lead collaborates intimately with staff members to foster retention and shapes workplace policies that cater more effectively to the unique requirements of employees.
Typically, the position of an HR Manager may be elevated owing to their extensive responsibilities in shaping corporate culture and contributing to strategic blueprints. Nevertheless, within certain organizational frameworks, the Administration Manager may occupy a superior or commensurate rank, contingent upon the unique structure of the company.
What is the salary spectrum at McKinsey & Company? On average, entry-level Junior Consultants can expect a yearly compensation of roughly HK$303,000 (estimated), whereas Managing Partners may receive a yearly income approximating HK$4,993,400 (estimated).
An overwhelming majority, a staggering 95%, of human resources (HR) executives perceive their job within the HR domain as exceedingly demanding, stemming from an immense workload and perpetual stress. Alarmingly, an astounding 84% of these leaders confess to regularly encountering stress, while 81% divulge feelings of exhaustion and burnout, according to Sage's insights on 'The evolving landscape of HR in 2024.'
Premium-earning Metropolises Adjacent to India for Human Capital Directors
Mumbai, situated in Maharashtra, offers a monthly remuneration of ₹50,139. With 101 compensation figures disclosed.
Bengaluru, Karnataka, boasts an average monthly salary of ₹41,153, based on 58 reported incomes.
Gurgaon, Haryana, provides a monthly compensation of ₹38,491, recorded from 70 salary disclosures.
Hyderabad, nestled in Telangana, offers a monthly wage of ₹37,959, among other notable figures...
Chennai, located in Tamil Nadu, averages ₹35,564 per month for its Human Resources Managers.
Salary Expectations for Expats in Hong Kong
For foreigners residing in Hong Kong, they can anticipate an average hourly wage ranging from approximately 120 to 130 Hong Kong dollars (HKD), equivalent to 15 to 17 United States dollars (USD), or a yearly income of roughly 240,000 HKD, translating to approximately 30,000 USD.
While it may be a subject of contention, the ultimate conclusion stands firm at YES. Human Resources (HR) managers possess the capability to ascend to the pinnacle position of Chief Executive Officer (CEO) within any organization. Their role encompasses comparable duties to those of their peers, and in certain instances, even exceeds them. Leveraging their prowess in networking and strategic management, HR professionals can steer the company's course with the authority of a seasoned leader.
The CEO often holds the most senior position in a company, given their status as the top executive and their extensive experience and lengthy tenure within the organization. While HR professionals may enjoy seniority within their respective departments, they are generally not viewed as having a higher seniority level than the CEO overall.
CURRENTLY POPULAR SUBJECTS:
Occupations Entry-level Compensation Maximum Earnings Potential
Manager of Human Resources Approximately INR 3 LPA Up to INR 18 LPA
Consultant in Human Resources Approximately INR 1.7 LPA Reaching INR 11.5 LPA
Generalist in Human Resources Approximately INR 2 LPA Potentially INR 8 LPA
Specialist in Technical Recruitment Approximately INR 1.8 LPA Ceiling at INR 6 LPA
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