Forbes ranked Minnesota as the ninth best state for business in 2015, with an overall average annual job growth rate of 1.5% and the second highest number of Fortune 500 companies in the country per capita as of 2015. According to the Minnesota Department of Employment and Economic Development, some of the most notable powerhouse companies included United Health Group, Target, Best Buy, CHS, and Supervalu. These are among the corporations making the biggest contributions to job creation in Minnesota, and as such also help drive the demand for skilled HR professionals in the state.
With Minnesota’s strong economic climate expected to continue, such companies are in the position to recruit additional employees to help sustain their growth. As top employers compete to obtain the most talented training specialists, human resources managers, compensation managers and other high-level HR professionals, it has the effect of driving up the base salaries for the skilled HR experts qualified for these positions.
Salary and Employment Data for Minnesota’s HR Professionals
In 2014, HR managers earned an average of $109,230 a year, while those in the 90th percentile earned an average of $172,530, according to the US Department of Labor.
Another high-paying HR profession in Minnesota is that of human resources specialists. These positions are considered so desirable that US News and World Reports ranked them as the 11th best type of business job for 2015. The average salary for human resources specialists in Minnesota was $57,980 a year with those in the 90th percentile earning $89,000 on average as of 2014.
In addition to offering high salaries for HR professionals, Minnesota is home to a high concentration of HR experts:
- Human Resources Managers – 2nd highest concentration in the country
- Human Resources Specialists – 3rd highest concentration in the country
In particular, the Minneapolis-St. Paul metropolitan area had among the highest concentration of jobs of any metropolitan area in the country in 2014 for high-level HR positions:
- Human Resources Managers – 4th highest concentration of any city
- Human Resources Specialists – 7th highest concentration of any city
Additionally, the Southeast Minnesota nonmetropolitan area had the 5th highest concentration of HR managers of any rural area in the US.
Human Resources Manager Salaries in Minnesota
The US Department of Labor indicated that the average salary for human resources managers in the Minneapolis-St. Paul area was 5.1% higher than the average for Minnesota as a whole as of 2014:
Salaries for Human Resources Specialists in Minnesota
The average salary for human resources specialists in Minnesota was the highest in the Minneapolis-St. Paul area as of 2014 according to the US Department of Labor. It was 3.2% higher than the average for the state as a whole:
Human Resources Assistant Salaries in Minnesota
According to the US Department of Labor, human resources assistants in the Minneapolis-St. Paul area had the highest average salary in the state as of 2014: