Introduction
As a renowned fashion brand known for its luxury accessories and ready-to-wear collections, Michael Kors also offers a range of career opportunities across various departments. In this article, we will delve into the salary details of a crucial role within the company - the Global HCM (Human Capital Management) Coordinator. By analyzing the compensation trends at Michael Kors, we aim to provide insights into the earning potential of individuals in this role.
How Much Does Michael Kors Make?
To understand the salary landscape at Michael Kors, it is essential to look at the average earnings of employees across different positions within the company. According to data from Glassdoor, the average Michael Kors salary ranges from approximately $20,000 per year for a Team Leader to $173,241 per year for a Merchandising Director. These figures highlight the diversity in compensation based on job responsibilities, experience, and seniority within the organization.
Michael Kors Salary 2022: Global HCM Coordinator
Among the various roles at Michael Kors, the Global HCM Coordinator plays a crucial role in managing human capital and ensuring smooth operations within the company's workforce. In 2022, the salary for a Global HCM Coordinator at Michael Kors is competitive, reflecting the significance of the position in driving the organization's HR strategies and initiatives.
As of the latest available data, the average salary for a Global HCM Coordinator at Michael Kors is $53,516 per year. This figure serves as a benchmark for individuals aspiring to pursue a career in HR management within the fashion industry. It is important to note that salary ranges may vary based on factors such as location, level of experience, educational background, and additional skills possessed by the candidate.
Salary Comparison with Other Positions
To provide a comprehensive overview of the compensation structure at Michael Kors, it is beneficial to compare the salary of a Global HCM Coordinator with other related positions within the company. While the average salary for a Global HCM Coordinator stands at $53,516 per year, other roles such as Product Coordinator and Field Supervisor exhibit different salary ranges.
- Product Coordinator: The average salary for a Product Coordinator at Michael Kors is $53,516 per year, aligning closely with the compensation offered to Global HCM Coordinators. This indicates a parity in pay scales for roles that require coordination and management skills within the organization.
- Field Supervisor: In contrast, the salary for a Field Supervisor at Michael Kors is reported at $17.49 per hour, translating to an annual income that may vary based on the number of hours worked. The lower pay scale for this position compared to Global HCM Coordinators underscores the importance of specialized HR roles in driving organizational success.
Factors Influencing Salary Trends
Several factors contribute to the salary trends observed at Michael Kors and other fashion companies. These include:
1. Experience: Individuals with extensive experience in HR management and talent acquisition may command higher salaries as they bring valuable expertise to the role.
2. Education: Candidates with relevant degrees in HR management, business administration, or related fields may receive higher compensation due to their specialized knowledge and qualifications.
3. Location: Salaries for Global HCM Coordinators may vary based on the cost of living in different regions where Michael Kors operates. Urban centers with higher living expenses may offer increased pay scales to attract top talent.
4. Performance: Exceptional performance, leadership skills, and the ability to drive HR initiatives effectively can lead to salary increments and bonuses for Global HCM Coordinators.
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