HR jobs are on the rise, according to data compiled by Randstad, the employment staffing and recruitment firm.
“Job growth in the human resources field is the result of the improving economy. As organizations look to expand and grow, they need experienced human resources professionals to help manage the hiring, training and benefits for new talent,” says the report.
Indeed, the good news for those with HR training is not only are the fortunes of their field mirroring the gradually growing economy, but they are outpacing it.
While the national unemployment rate is 4.7 percent, the jobless rate for HR professionals is less than half of that: 2.2 percent. The low rate is the result of an10 percent increase in HR-related positions in 2016.
HR professionals are also making decent money. Even those on the low end of the pay scale in the field are doing better than average American workers. Randstad provides the following salary range based on job classification:
HR generalist: $62,826 to $75,339
HR manager: $99,884 to $121,227
Compensation and benefits manager: $108,161 to $131,274
Learning and development specialist: $44,200 to $85,540
Recruitment specialist: $62,581 to $75,954
The study also profiles the top markets for HR employment, some of which are likely to surprise. While larger metropolitan areas tend to have greater job opportunities, Randstad says a number of smaller markets that have a high number of open HR positions, including Reno, Nev., Harrisburg, Pa., Trenton, N.J., and Anchorage, Alaska.
Randstad’s optimism about the future of HR is echoed by similar findings by the Bureau of Labor Statistics in recent years.
In 2015, the BLS projected that the number of HR managers would grow by 9 percent over the next decade, at a faster clip than other jobs. The same analysis found that the median salary for an HR manager was $104,440.