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This newly published fourth annual CHRO compensation study provides insights into various aspects of Chief HR Officer compensation. For the analysis, 1) publicly available data on the Fortune 1000 were used, including CHRO compensation data on 177 senior HR executives from those companies, a valid sample of 17.7%; 2) data were further segmented into Fortune 50, Fortune 100, Fortune 200, and Fortune 500 subcategories for analysis, 3) correlations between the senior HR executive compensation and company performance metrics (e.g., earnings per share) were analyzed, 4) findings were segmented by the respondents location of North America or EMEA. Among the key findings, in the Fortune 1000, CHROs earn an average of $2,761,253 in total annual compensation, rising to $4,438,450 in the Fortune 50. In the Fortune 1000, women earn more on average than men—$2,855,020 vs. $2,623,282, respectively. However, in the Fortune 500 and above, men earn more, with the largest gap in the Fortune 50, where men earn $5,192,584 compared to $3,684,315 for women, a difference of 34%. Notably, three of the four highest-paid CHROs were women, but their data were excluded from calculations as outliers. Additional insights are discussed.
