Curious About HR Salaries: How Do Industrial Set-Ups Compare to MNCs?

Dear Seniors,

I would like to know the salary structure for an HR professional. I do understand that no HR professional will be interested in disclosing their package. But I need to know the difference in what one is getting in an Industrial Set-Up and that of an MNC.

All those who are interested and willing to share their ideas can give me their thoughts. This is meant only for a general discussion, nothing to do with the company you are associated with.

I am associated with an MNC, and my take-home pay is between 15,000 to 20,000 per month. What about yours?

Hi June,

Compensation is a very comprehensive subject. In the Indian context, salary is always negotiable and depends on the following factors:

1. Market demand and supply ratio for particular skill shortages.
2. Nature of business operation: steel, cement, pharma, power, aviation, mining, IT, etc.
3. Industry classification - manufacturing, service, R&D, etc.
4. Industry sector:
a. Public sector
b. Private sector
i. Proprietary concern with
ii. Small-scale industry
iii. Private limited
iv. Medium scale
v. Public limited
vi. MNC
5. Capacity to pay of employer and market demand of the position.
6. Nature and level of job in the organizational hierarchy.
7. Expertise and experience of incumbent and prevalent market value.
8. Nature of service contract: consulting, contractual, regular staff, etc.

There is no standard formula to determine, but we can derive the criteria based on the following:

Area of expertise:
1. Management and technical professionals
2. Administration functions
3. Technicians
4. Non-technical support functions

Salary Range: Min - Mid - Max

Experience Slab:
1 to 3 years
4 to 7 years
8 to 10 years
11 to 15 years
16 to 20 years

For actual salary data, please refer to Kelly's Salary Survey they conducted. Because if you are experienced but working in a medium-sized textile industry, they don't pay as well compared to steel, cement, etc., for the same nature and level of job, with a difference of above 30% to 50%, depending on management pay philosophy.

Regards,

Badlu

Ok, to be more precise, how much do you think an HR professional with 6 years of experience in IT/Media should earn annually?

I would like to provide the salary range from lowest to highest as follows:

1. Generic & Recruitment - Lowest Paid
2. L&D - Middle Paid
3. C&B - Highest Paid

I am not implying that those categorized as 'lowest paid' receive peanuts, but rather that their compensation is relatively lower compared to other HR functions.

I am in full agreement with Pankaj. It completely depends on one's experience, functional knowledge, skills, and industry background. Later on, it also depends on the organization as different sectors offer varying salary packages for the same position.

Regards,
Amit Seth.

Savita,

It varies based on the industry and the company you work for. I am familiar with salaries in IT from middle-level to bigger companies. Here is an overview:

Trainee/Jr. HR Exec - 10k to 20k
HR Exec, Sr. HR Exec - 25k to 60k
Asst. Mgr - 60k to 110k
Manager - 80k to 140k
Sr. Manager - 100k to 180k
DGM - 150k to 250k
GM - 200k to 400k

The above information provides a high-level overview covering major companies in IT.

That's highly informative, but is there a difference between the pay from an MNC and a nationalized company?

Are you sure that all the HR executives are paid in the above-mentioned scale? Do you think this is how the market is?

Regards,
Nirmal

Nirmal,

Apart from very small organizations, per my understanding from the network I have, the rest follow whatever I had mentioned. I had views about Hewitt & Mercer's inputs, so I hope it's very close. The scale which I have mentioned applies only to corporates in IT/ITES and not for placement companies, small organizations, or startups with a limited budget.

Savitha,

If you are referring to Govt. Orgs. by saying Nationalized orgs., as per my understanding, it'll be way below what I have mentioned for each category. I'm sorry that I don't have info on that.

KK