Average Human Resources Executive Salary in Armenia for 2024

In this article, we will look at the average Human Resources Executive salary for 2024 in Armenia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Armenian dram. To keep things simple, we are using the AMD currency code instead of the currency symbol ึ.

How Much Does a Human Resources Executive Make in Armenia?

A Human Resources Executive working in Armenia will typically earn around 10,691,100 AMD per year, and this can range from the lowest average salary of about 5,242,700 AMD to the highest average salary of 16,679,800 AMD.

Average Annual Salary
10,691,100 AMD
Average Monthly Salary
890,925 AMD

Lowest Annual Salary
5,242,700 AMD
Lowest Monthly Salary
436,891 AMD

Highest Annual Salary
16,679,800 AMD
Highest Monthly Salary
1,389,983 AMD

These are average salaries for a Human Resources Executive in Armenia and include benefits such as housing and transport. It's also possible for a Human Resources Executive to earn more or less than the average salaries shown above.

Human Resources Executive salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Human Resources Executive Salaries in Armenia

So we've looked at the average salaries a Human Resources Executive will earn in Armenia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Human Resources Executive can earn between 5,242,700 AMD and 16,679,800 AMD on average in Armenia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Human Resources Executive in Armenia is 10,907,900 AMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 10,907,900 AMD, and 50% of the population earn more than 10,907,900 AMD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Human Resources Executive salary in Armenia, 25% of the population are earning less than 7,259,000 AMD while 75% of the population earn more than 7,259,000 AMD.

75% of the population earn less than 14,038,300 AMD, and 25% of the population earn more than 14,038,300 AMD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Human Resources Executive Salary by Experience Level in Armenia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average human resources executive salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Human Resources Executive in Armenia that has less than two years of experience can expect to earn somewhere in the region of 6,216,700 AMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Human Resources Executive salary would increase to 7,980,700 AMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Human Resources Executive, the average salary would be 11,014,300 AMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,679,300 AMD.
  • 15 - 20 Years Experience. A Human Resources Executive with 15 to 20 years of experience can earn an average of 14,639,900 AMD.
  • 20+ Years Experience. For a Human Resources Executive with more than 20 years, the expected average salary increases to 15,599,800 AMD.

Average Salary by Experience Chart

0-2 Years
6,216,700 AMD
2-5 Years +29%
7,980,700 AMD
5-10 Years +38%
11,014,300 AMD
10-15 Years +24%
13,679,300 AMD
15-20 Years +7%
14,639,900 AMD
20+ Years +7%
15,599,800 AMD

Human Resources Executive Salary by Education Level in Armenia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Human Resources Executive in Armenia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Human Resources Executive in Armenia with a bachelor's degree education can earn an average salary of 7,750,400 AMD.

  • Master's Degree. A Human Resources Executive in Armenia with a master's degree education can earn an average salary of 12,481,200 AMD.

Average Salary by Education Chart

Bachelor's Degree
7,750,400 AMD
Master's Degree +60%
12,481,200 AMD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Armenia is around 3,880,000 to 11,600,000 AMD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Human Resources Executive Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Armenia, a male human resources executive will earn an average of 11,065,000 AMD, while a female human resources executive will earn around 10,162,800 AMD.

This means that a male human resources executive earns approximately 9% more than a female human resources executive for performing the same job.

Average Salary by Gender Chart in Armenia

Male
11,065,000 AMD
Female -9%
10,162,800 AMD

Human Resources Executive Average Pay Raise in Armenia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Human Resources Executive in Armenia is around 7% every 30 months.

The national average pay raise across all professions and industries in Armenia is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Human Resources Executive in Armenia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Armenia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Armenia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Human Resources Executive Bonus and Incentive Rates in Armenia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Human Resources Executive is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
64%
No Bonus
36%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Armenia earn approximately 18% more than private sector employees in the same role.

Public Sector
9,863,700 AMD
Private Sector -18%
8,377,500 AMD

Salaries for Jobs Similar to a Human Resources Executive

In the table below, we have salary information for jobs that are similar to a Human Resources Executive in Armenia.

Job Title Category Salary
Benefits Administrator Human Resources 6,274,900 AMD
Benefits Analyst Human Resources 7,596,200 AMD
Benefits Manager Human Resources 12,958,200 AMD
Benefits Specialist Human Resources 7,537,100 AMD
Chief Human Resources Officer Human Resources 15,480,300 AMD
Chief People Officer Human Resources 16,320,700 AMD
Compensation Analyst Human Resources 7,750,400 AMD
Compensation and Benefits Manager Human Resources 12,841,200 AMD
Compensation and Benefits Officer Human Resources 5,136,500 AMD
Compensation and Benefits Specialist Human Resources 7,537,100 AMD
Compensation Manager Human Resources 11,986,500 AMD
Corporate Director of Human Resources Human Resources 15,360,400 AMD
Corporate Recruiter Human Resources 10,321,700 AMD
Corporate Trainer Human Resources 7,477,100 AMD
Director of Talent Acquisition Human Resources 15,238,200 AMD
Employee Benefits Administrator Human Resources 9,276,800 AMD
Employee Benefits Consultant Human Resources 11,352,300 AMD
Employee Benefits Coordinator Human Resources 4,499,000 AMD
Employee Communications Manager Human Resources 10,572,800 AMD
Employee Development Specialist Human Resources 10,212,200 AMD
Employee Engagement Specialist Human Resources 10,608,800 AMD
Employee Health and Wellness Administrator Human Resources 9,311,400 AMD
Employee Performance Specialist Human Resources 7,715,800 AMD
Employee Relations Analyst Human Resources 10,057,900 AMD
Employee Relations Manager Human Resources 10,932,200 AMD
Employee Relations Practitioner Human Resources 10,643,500 AMD
Employee Relations Representative Human Resources 7,441,400 AMD
Employee Relations Specialist Human Resources 10,162,800 AMD
Employee Services Manager Human Resources 11,050,300 AMD
Employee Services Specialist Human Resources 10,369,900 AMD
Employee Wellness Officer Human Resources 7,896,400 AMD
Employment Advice Worker Human Resources 4,966,200 AMD
Employment Interviewer Human Resources 7,693,200 AMD
Employment Relations Officer Human Resources 5,029,900 AMD
Employment Service Specialist Human Resources 5,794,900 AMD
Employment Services Coordinator Human Resources 7,224,700 AMD
Enrollment Counselor Human Resources 10,080,900 AMD
Equal Opportunity Representative Human Resources 7,726,700 AMD
Executive Human Capital Management Human Resources 15,480,300 AMD
Executive Recruiter Human Resources 11,028,500 AMD
Expatriate Administration Manager Human Resources 10,116,200 AMD
Expatriate Administration Supervisor Human Resources 6,958,900 AMD
Global Mobility Manager Human Resources 12,600,600 AMD
Head of Human Resources Human Resources 14,038,300 AMD
Headhunter Human Resources 10,992,900 AMD
Health Benefits Coordinator Human Resources 6,335,800 AMD
HRIS Analyst Human Resources 5,376,200 AMD
HRIS Manager Human Resources 8,940,400 AMD
HRIS Officer Human Resources 4,739,800 AMD
HRIS Supervisor Human Resources 5,197,600 AMD
Human Resources Administration Specialist Human Resources 6,024,400 AMD
Human Resources Administrative Assistant Human Resources 4,429,300 AMD
Human Resources Administrative Coordinator Human Resources 5,890,200 AMD
Human Resources Administrator Human Resources 6,263,400 AMD
Human Resources Advisor Human Resources 10,321,700 AMD
Human Resources Analyst Human Resources 8,926,700 AMD
Human Resources Assessor Human Resources 5,579,400 AMD
Human Resources Assistant Human Resources 3,875,100 AMD
Human Resources Assistant Manager Human Resources 11,518,700 AMD
Human Resources Associate Human Resources 4,211,600 AMD
Human Resources Consultant Human Resources 12,481,200 AMD
Human Resources Coordinator Human Resources 4,499,000 AMD
Human Resources Data Analytics Manager Human Resources 9,289,200 AMD
Human Resources Deputy Manager Human Resources 11,592,200 AMD
Human Resources Development Manager Human Resources 13,199,100 AMD
Human Resources Director Human Resources 15,118,700 AMD
Human Resources Generalist Human Resources 7,896,400 AMD
Human Resources Manager Human Resources 14,519,400 AMD
Human Resources Officer Human Resources 5,495,200 AMD
Human Resources Recruiter Human Resources 10,499,200 AMD
Human Resources Representative Human Resources 5,806,300 AMD
Human Resources Section Head Human Resources 9,396,300 AMD
Human Resources Services Manager Human Resources 12,600,600 AMD
Human Resources Specialist Human Resources 8,075,200 AMD
Human Resources Superintendent Human Resources 5,579,400 AMD
Human Resources Training Executive Human Resources 10,775,000 AMD
Human Resources Vice President Human Resources 15,480,300 AMD
Industrial Organizational Psychologist Human Resources 12,841,200 AMD
Job Evaluation Specialist Human Resources 10,499,200 AMD
Labor Relations Director Human Resources 12,239,700 AMD
Labor Relations Manager Human Resources 12,481,200 AMD
Labor Relations Specialist Human Resources 5,651,400 AMD
Learning and Development Manager Human Resources 12,958,200 AMD
Occupational Health and Safety Officer Human Resources 5,686,100 AMD
Organizational Development Consultant Human Resources 12,239,700 AMD
Organizational Development Manager Human Resources 12,361,500 AMD
Organizational Development Specialist Human Resources 6,815,700 AMD
Payroll Assistant Human Resources 4,991,200 AMD
Payroll Supervisor Human Resources 5,843,600 AMD
People Development Officer Human Resources 7,750,400 AMD
Personnel Officer Human Resources 4,201,000 AMD
Personnel Recruiter Human Resources 10,258,100 AMD
Records Clerk Human Resources 3,805,100 AMD
Records Manager Human Resources 6,263,400 AMD
Recruiter Human Resources 11,135,000 AMD
Recruiting Coordinator Human Resources 5,209,200 AMD
Recruiting Manager Human Resources 14,038,300 AMD
Recruitment Consultant Human Resources 9,792,100 AMD
Recruitment Officer Human Resources 5,747,700 AMD
Recruitment Supervisor Human Resources 8,316,900 AMD
Research Associate Human Resources 5,076,600 AMD
SAP Resource Manager Human Resources 10,391,200 AMD
Talent Acquisition Manager Human Resources 14,519,400 AMD
Talent Acquisition Specialist Human Resources 8,017,000 AMD
Talent Management Officer Human Resources 6,505,500 AMD
Technical Recruiter Human Resources 6,577,500 AMD
Training Administrator Human Resources 6,142,600 AMD
Training and Development Manager Human Resources 12,361,500 AMD
Training and Development Section Head Human Resources 10,537,900 AMD
Training Executive Human Resources 11,604,300 AMD
Training Manager Human Resources 12,721,300 AMD
Training Officer Human Resources 5,221,800 AMD
Training Specialist Human Resources 8,195,200 AMD

Salary Comparison by City

If you want to compare salaries with different cities in Armenia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Yerevan 12,958,200 AMD

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