Master of Science in Human Resources Management: Career Outlook
HR professionals make good companies great.
As companies strive to maintain a competitive edge in their industries, they look to skilled HR professionals to help them succeed by trimming workforce-related costs and improving employee training, performance, and job satisfaction.1
- $113,300 — median annual wage for HR managers2
- Top 10% of HR managers earn more than $201,380 per year2
- Approximately 50,000 human resources hires are made each year (highest demand is for HR managers)3
HR professionals who hold a certificate in HR are often eligible for higher-paying employment opportunities. According to a study conducted by Payscale, having an HR certification accounted for a 31.6% boost in pay.4
As a graduate of this program, you will be eligible to elevate your own salary prospects by applying for the SHRM-CP certification. Students must complete a number of eligibility requirements to qualify. Learn more about the SHRM-CP certification.
Human Resources Manager:
$103,570/year
From staffing and compensation to training and benefits, a human resources manager is responsible for the programs and policies that relate to employees in a company or organization. A big part of their job is evaluating human resources strategies and processes, ensuring that they align with their organization’s goals.5
Labor Relations Manager:
$122,716/year
Labor relations managers are in charge of a company’s labor relations programs, policies, and procedures. In addition to interpreting collective bargaining agreements, they could also be responsible for leading arbitration procedures and assisting management with labor matters.6
Additional roles for Master of Science in Human Resources Management graduates:
- Employee Relations Manager
- Recruiting Manager
- Training Manager
- Compensation and Benefits Manager
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Applicable Skills: Be an Asset to Your Employer
When you complete this program, you will be able to:
- Improve organizational performance
- Promote effective performance, development, and job satisfaction
- Develop an effective rewards system
- Work with control and budgeting systems
- Make more effective decisions
- Devise and implement strategic plans
- Understand the changing nature of human resources as influenced by social, economic, technological, and educational forces, both nationally and globally
Scranton Career Support
Whether you’re just starting out or advancing in your field, the Gerard R. Roche Center for Career Development is here to support you.
Both before and after you graduate, our experienced advisors can help you build your career and find opportunities that suit your unique skills and talents.
Let’s work together to ensure your success. We can’t wait to get to know you.
Join a network of more than 45,000 accomplished Scranton alumni, who live across the nation and in more than 20 countries around the world.
Take advantage of Firsthand (formerly Vault), a comprehensive resource for all career planning purposes.
Receive help with your résumé, cover letter, or online profile, and practice meeting with potential employers using Big Interview, an online interview preparation tool.
Get exclusive access to Handshake, our online recruiting platform, and connect with new jobs, career fairs, recruitment activities, skill-building workshops, and more.
Sources:
- Human Resources MBA. (2019). 5 Reasons HR is So Important for Business Success. December 4, 2019 from https://www.humanresourcesmba.net/lists/5-reasons-hr-is-so-important-for-business-success/
- U.S. Bureau of Labor Statistics. (2019 September 4). Human Resources Managers. Occupational Outlook Handbook. Retrieved November 27, 2019 from https://www.bls.gov/ooh/management/human-resources-managers.htm#tab-1
- Human Resources MBA. (2019). What is the Employment Outlook for Human Resources Jobs? Retrieved November 27, 2019 from https://www.humanresourcesmba.net/faq/what-is-the-employment-outlook-for-human-resources-jobs/
- Payscale. (2018). HR Certifications: How They Impact Pay and Career Trajectory. Retrieved November 27, 2019 from https://www.payscale.com/data/hr-certifications-pay
- Salary.com. (2019). Human Resources Manager. Retrieved December 3, 2019 from https://swz.salary.com/SalaryWizard/human-resources-manager-Salary-Details-Location.aspx
- Salary.com. (2019). Labor Relations Manager. Retrieved November 27, 2019 from https://swz.salary.com/SalaryWizard/Labor-Relations-Manager-Salary-Details.aspx