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

Master of Human Resource Management [MHRM] : 63 answered questions

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Ques. What is the average package for MBA(HRM)at IIM Indore?

● Top Answer By Admin on 12 Sept 23

Ans. The PGP-HRM program at IIM Indore is well known for being an inaugural of innovative programs. The duration of the program is 2 years comprising 6 terms. During the Placement Season 2022-23 of IIM Indore, the fourth batch of PGP HRM at IIM Indore welcomed a large number of recruiters from diverse sectors. In all, 20 recruiters offered roles to the students of IIM Indore’s 2023 Batch of PGPHRM. The total intake this year was 38 students only. Here are some additional placement highlights of this program Students of this program received roles in various domains in HR  BFSI : The main recruiters of this domain were Hero Fincorp, ICICI Bank, and Kotak Mahindra Bank. Consulting : The next top domain was Consulting and companies like Deloitte USI, EXL Service, Capgemini, and Willis Towers Watson recruited students in this domain. Manufacturing: The top recruiters in the Manufacturing domain were Vedanta and Nuvoco Vistas.  Miscellaneous: Other top recruiters included GAIL(PSU), Biocon, Crompton Greaves and Winzo. The placement statistics of the PGPHRM Batch of 2023 have been tabulated below  Average CTC INR 22.65 LPA Increase in Average CTC 11% Median Package INR 22.2 LPA Median package INR 34.5 LPA Average package for the top 25 percentile  INR 27.53 LPA  Average package for the top 50 percentile  INR 25.42 LPA Hope this helps you!Read more
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Ques. Is Amity Noida good for an MBA in HR?

● Top Answer By Tithi Aggrawal on 18 Aug 23

Ans. Yes, Amity Business School, Noida is good for an MBA in terms of placements, faculty, and industry exposure. It has excellent reviews and is the dream college of many. It was ranked 28 out of 125 in India in 2023 by NIRF. One of my friends there shed light on the placement scenario. Students are eligible for placements after the 3rd semester.  The highest salary package offered is INR 20 LPA.  The average salary package offered is INR 5.5 LPA. Almost 90% of students got placed in the MBA program offered at Amity College. Recruiters include Wipro, Deloitte, JP Morgan, Accenture, etc.,  Overall, the average package offered is very low so it’s not advisable to pursue an MBA in HR from Amity University Noida.Read more
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Ques. How good is HRM of XIMB and what are the profiles usually offered to the students?

● Top Answer By Priyanka Singhal on 14 Apr 22

Ans. 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. Read more
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Ques. Is it worth doing an MBA in HRM from Doon Business School, Dehradun?

● Top Answer By Tanuj Chandra on 10 Mar 23

Ans. 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.Read more
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Ques. How is MBA-HR at XIMB? I am a fresher should I take it or try once more?

● Top Answer By Arindam Chakraborty on 22 Apr 21

Ans. 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.Read more
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Ques. Is it worth doing a PGP HRM at IIM Indore?

● Top Answer By Darryl Thomas on 20 May 23

Ans. IIM Indore PGP-HRM is a 2 years full-time residential program. Admission to the IIM Indore PGP-HRM course is granted on the basis of CAT Score, Personal Interview score, and the final selection process. Whether doing a PGP-HRM from IIM Indore is worth it or not depends on individual goals and preferences. Here is a table with some basic info regarding the program that might help you decide further. IIM Indore PGP HRM Highlights Duration 2 years  Admission Process Eligibility criteria Shortlist for Personal Interview Final Selection Eligibility  Graduation with 50% Fees INR 18.39,222 Lakhs Ranking # Ranked 7/125 by NIRF Management Ranks Highest CTC  INR 36 LPA Average CTC  INR 20.3 LPA Ultimately, your decision should be driven by your interests rather than someone dictating you to choose it or not.Read more
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Ques. For MBA in HR, should one choose NMIMS Mumbai or XIMB?

● Top Answer By Samriddhi Sarkar on 28 May 21

Ans. 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.Read more
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Ques. How is MBA (HR) from UBS chandigarh in terms of placements and overall experience?

● Top Answer By Akriti Banerjee on 05 Sept 23

Ans. An MBA at UBS Chandigarh is a relatively good option. The placement scale is increasing by 30% every year. Almost 90% of students get placed with an average package, and none of them from the HR field will become jobless. The table given below will help you gain more clarification about the recent placement statistics Particulars Placement Statistics 2023 (ongoing) No. of Companies 150 No. of Offers 6154 Highest CTC More than INR 50 LPA Average CTC INR 9.53 LPA Top Recruiters Microsoft, Google, Amazon, IBM, Bank of America, Capgemini, etc. When it comes to the overall experience, it is pretty decent. This institute provides excellent classes conducted by renowned and experienced scholars. The library facility is very helpful in gaining more knowledge about the respective subject. They follow an incredible curriculum system that covers every minute detail of the MBA program. The faculties provide effective guidance for your research and publication of papers. UBS is up to the mark for other cultural events and extra-curricular activities. They conduct cultural events every year and this institute has a rich alumni network, which is beneficial for connecting with more people and helping to improve our social skills Thus an MBA (HR) from UBS Chandigarh is a good option in terms of placements and the overall experience.Read more
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Ques. What is it like to be a passout from XLRI, Jamshedpur with a degree in HR? Also, is HRM better than BM in XLRI?

● Top Answer By Indrani Chatterjee on 17 Apr 23

Ans. 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.Read more
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Ques. Is IMI delhi good for pursuing MBA in HR?

● Top Answer By Rohan Raj on 03 Mar 23

Ans. 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 35Read more
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