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Fortune
Fortune
Brit Morse

As median pay for HR leaders hits more than $2 million, women are losing the pay race

A man and woman stand looking at an iPad and piece of paper (Credit: Suriyapong Thongsawang—Getty Images)

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Traditionally top HR leaders were primarily responsible for overseeing administrative and operational tasks, including managing payroll ensuring their company adheres to labor laws. But today, the role requires much more and includes tackling challenging, more strategic tasks such as CEO succession, recruitment, return-to-office plans, and upskilling workers. Because of this, CHROs are much more visible, taking boardroom positions, according to a new study from Equilar, a provider of executive intelligence solutions. They’re also gaining NEO (named executive order) status, meaning more HR leaders are officially becoming part of the C-suite.

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