What is Human Resource?
Human resource generally is termed as a collective workforce which contributes to the growth of a business unit & its economy. An effective human resource is considered to be the driving force for any enterprise for successful growth. In financial terms, human resources are also referred to as human capital, wherein every employee is considered to be an important part to efficiently run the productivity of a particular organization with his/her skills.
The human resource department is a department which is solely dedicated to organize, maintain & structure the workforce. The human resource department oversees various aspects of employment, which include hiring process, mandatory labor law compliance, misconduct issues within an organization, implementation of POSH act, employee benefits and so on. In order words, the Human resource department deals with every aspect which is connected to each employee working within an organization.
In this blog, we give an detailed view about careers in HR, Scope, Demand & all you need to know before eyeing for a career in Human Resource.
What is Human Resource Management or HRM?
Human resource management or popularly known as HRM is a structured strategy that is designed by HR Managers to ensure effective management of the workforce. This is a well-thought strategy as it can have a direct impact on the performance of an employee or employees. HRM is put in place to enhance the productivity of an employee & thus have a positive business gain in a longer run. Various policies, procedures & practices are put in place to develop a desired professional culture within an organization. Effective HRM depends on the right technological means which also helps in mantaining records & every required detail of an employee. Human Resource Management systems (HRMS) is defined as set of digital applications which are developed to merge HR functions, keeps a tab on benefits enjoyed by employees, payroll organizing, training modules, performance track and much more.
What Does an HR Manager Do?
Well, the name only suggests the profile better. HR Manager is a one point contact for every issue related to employees or within the organisation. HR managers primarily ensure healthy & positive working environment. He/She is responsible to make sure that the ethics, protocols & culture of an organization is maintained meticulously within an organization. HR managers are the spearheads in development & efficient implementation of HR policies which ought to be in sync with the organizational strategy. HR managers act as a medium of communication between the administration & employees of the company. HR manager overheads the hiring process & also maintains & monitors overall growth chart of an employee. Any issues related to salaries, misconduct or any other feedback, has to go through the HR Manager.
Sexual related crimes have taken a new demonic form in recent years. It’s a challenge for every HR manager to ensure safety to employees at the workplace. POSH (Prevention of sexual harassment) is a legal act brought into force on 9th December 2013 to stop sexual harassment in the workplace. It’s the duty of HR Manager to bring this act into motion in case any such incident is reported in an organization.
Why build a career in Human Resource?
According to a survey done in 2017 by Forbes, 69 percent of companies are on a constant trend to take steps ensuring maximum utilization of their respective human resource database, however only a few have been successful in analyzing the data effectively to maximize output from their employees. The reason behind this is lack of basic analytical knowledge or skill. However, with positive growth patterns in every organization, it is of prime importance to make sure maximum output can be generated using employee-centric techniques. This can only be done when the right skilled people constituent the HR team. Scope of an HR professional is more than ever & is constantly on a rise. Eyeing for maximum productivity at a cost efficient ratio has created a need for Human resource management as an integral & important part of every organization.
India is one of the fastest-growing economy, with GDP constantly growing at 7.4% in 2018, the demand for talent never dies down. The rapid expansion of business units & startups has paved the way for the absorption of talent. Thus the demand for human resource professionals has also grown. To acquire the right talent to maximize growth, the office of human resources plays the most vital role. According to the latest report by ,KPMG
Wherein 1200 global HR executives from almost 64 countries took part in, about 39% of them are constantly aptly utilizing the resources to revamp obsolete models & put in place technologies such as analytics & artificial intelligence. Employment engagement strategies have gained immense priority within organizations. As per ,G2 Crowd’s report, it was projected that most businesses are expected to increase their employee engagement spending by 45% in the year 2019. Indeed all this shall be overlooked by the HR department of organizations thus creating more need for Human resource professionals across the organization spectrum.
Pros & Cons of Career in Human Resource
|Harnesses Confidence & Public Interaction Skill||Huge Workload|
|Talent Gauging Ability & Right Acquisition||Constant Problem Solving|
|Shaping Policies of Organization||Stressful Work|
|Better Growth Prospects||Lot Of Paperwork|
|Harnesses Confidence & Public Interaction Skill||Being Up To Date About Every Happenings Within Departments of an Organization|
|Understanding Human Psychology||Completetion Legal Norms Within Set Deadline|
|Holds an Authority In an Organization||Conflict Of Opinions|
Qualifications of a Human Resource Manager:
Human Resource is a vast & versatile field, however, to grow in this field it’s important to have the right experience & knowledge. Here are some of the qualifications which are required to become a human resource manager.
Bachelor’s Degree: The first step towards eyeing a career in HR is completion of a graduation degree from a recognized university. A bachelor’s degree can be in any stream depending on the interest of an individual.
Master’s Degree: To kickstart your career in the field of Human resources, it is considered important in modern times to get a master’s degree in the field of human resource i.e. MBA (HR). Since the specialization of an individual is in human resource, it makes it much easier to find a relevant job in the same.
Diploma in HR Management: Online certification courses can also be taken up,these courses help in providing an edge while seeking a job in the field of HR.
Confident & Strong Communication Skills: HR managers should be confident & possess strong communication skills. These are one of the most important aspects which a HR Manager needs to possess to guide his/her career path towards a bright way ahead.HR managers interact with countless people on regular basis, hence a clear communication pattern is a must to ensure smooth communication. Since they also are responsible to maintain certain ethics of a work culture within an organization, they must sound confident in their tone & body language.
Courses & Certification
Course: Diploma In HR
Website: Oxford Home Study
Course: HR Course
Website: Future Learn
Course: HR Fundamentals
Website: Massachusetts Institute Of Technology
Course: People & organization
Website: US Small Business Administration
Course: Introduction To Human Resource
Website: Open Learn
Course: HR- Recruitment & Selection
Course: Preparing to manage HR
Human Resource Management Jobs in India:
Here is a list of human resource jobs in India.
Roles & Responsibilities
|HR Manager||Overall designing & implementation of HR policies, increasing employee engagement, performance management & ensuring legal compliance|
|HR Consultant||Providing advice to top management to develop effective ways to administer various HR policies.|
|HR Administrator||Maintaining a record of employees, reviewing company policies, conflict management, documentation & editing of HR documents when required.|
|Recruitment Manager||Overlooks the whole hiring process, documentation of new joiners & looking for the right talent to hire whenever required.|
Human Resource Professional Salaries
Salary packages can vary depending upon the organization, skillset & experience of the Candidate. However, here are some usually salary trends in Human resource careers.
|Job role||Average annual salary (0-3 years of experience)||Salary Range (LPA)|
Human Resource Management Skills
Here is a look at typical skills required to have a successful career in Human Resource
|Communication Skills||Should have strong communication skills & should be assertive whenever required.|
|Organizational Skill||Maintaining systematic practices to ensure healthy working culture within an organization.|
|Decision Making||Ability to make strategic & quick decisions|
|Training||Ability to train HR executives to ensure positive implementation of HR policies|
|Empathetic Skill||An empathetic aproach towards solving problems of employees|
Leadership, Problem-solving ability, Calm body language, Planning, Team Building.
Human Resource Management Tools
Some of the common HRM tools have been mentioned below:
|HR Manager||Paychex, Workday, MS OFFICE,Google Forms, ADP|
|HR Manager||OSClass, Workable|
Human Resource Management Common Career Path
Here are some common paths that can make your way to start a career in Human Resource.
Career Path 1:
Complete your graduation-----Get a post-graduation degree in Human Resource ----Get an internship ----- Get a job & become a Human resource professional.
Career Path 2:
Complete your Graduation---Get an online human resource management certification---- Start following popular blogs on human resource management----Apply for an internship---Get a full-time job as a human resource professional.
Note: The above career paths are just examples of common career paths. There is no fixed career path to start a career in human resource management. The career steps can vary as per the background, interests, and skills of the individual.
Tips To Get a Job in Human Resource
1) Details about the company
Before you take a leap towards building your career in human resource, make sure you are well aware of the practices which are followed by a particular organization & where there is any room for improvement. Pitching such ideas shall give you an edge over others during an interview.
2) Harnessing required skills
Human resource is a field of extreme empathy & decisiveness. Before looking for a job in HR, ensure polishing or acquiring necessary skills, including, technological knowledge, team management, work ethos, decisiveness and so on.
3) Complete online certification courses
A lot of reputed universities recognize human resource as a strong futuristic career & thus have come up with certification courses for the same. Some globally recognized universities such as MIT, Oxford have come with online certification courses for human resource management. Many other websites to offer online HRM certification courses.
4) Be an Intern
While you on your path of acquiring theoretical knowledge, it is also important to have a taste of practicality too. Apply for an internship & make sure you get hands-on experience.
Popular Human Resource Blogs
Here is a list of popular human resource blogs:
Popular Must Read HRM Books
Here is a list of popular HRM books:
Popular YouTube Channels
Here is a list of popular Human Resource YouTube channels you must follow:
Human Resource Management Forums
Some of the popular human resource management forums are:
Human Resource Management Webinars
Here is the list of most popular Human Resource Management Webinars:
Popular HR Companies to Follow
Here are some of the most popular HR companies in India:
Take a step towards a promising career, grow in it & succeed in it.
Best Of Luck!