Most people tend to believe that the Human Resource (HR) department’s job is easy. But in reality, things are quite different. If you list down all the tasks involved in HR jobs, it’s almost never-ending.
Human resources staff members are responsible for an endless number of tasks – right from employee relations, employee law, employee benefits, development programs, company work culture, human capital deployment, performance management, and other responsibilities as well.
But even though HR jobs are complex, getting into the HR career field is relatively simple.
Human resources positions can be obtained even with a Bachelor’s degree in Business Administration. Gaining a Master’s degree in HR from any one of the top management colleges in Noida, Pune, Delhi or any other city in India will enable you to acquire higher-level positions in this department.
Despite HR jobs being complex and high in demand, people might say that it will eventually cause saturation of HR personnel. However, the data suggests something else. The Bureau of Labor Statistics reports indicates that the number of HR specialists in their profession will continue to grow to 7% by 2026.
Let’s dig deeper into this and find out how HRM plays a significant role in the corporate sector.
HRM and its Importance in the Corporate Sector:
Using the term “human resources” to refer to “people” may seem strange at first. However, the term human resources refer to all the people who contribute in one way or another to an organization. These people build a company’s workforce.
A company’s HR function plays an important role in the growth of its bottom line and the success of its business strategy.
HRM encompasses every management decision and action that impacts the relationship between the organization and its employees. Using human resources to maximize the performance of employees is key to the achievement of the organization’s goals.
HRM ensures the smooth and efficient implementation of policies and processes in the organization. It makes certain that a balance is maintained between employees’ needs and satisfaction and an organization’s profitability and ability to meet its goals.
Importance of HR managers in an organization:
- Strategy management: HR managers set and implement strategies that ensure the organization’s business goals are met. They also play a significant part in corporate decision-making, such as assessing current employees and predicting new hires based on the organization’s needs.
- Recruitment and training: HR managers play an important role in training and development programs, which also contribute to strengthening the employer-employee relationship.
- Maintaining work atmosphere: For employees to perform at their best, healthy work culture is imperative. Having a friendly and healthy work culture leads to higher employee productivity, which HR managers are instrumental in.
- Managing disputes: Any conflict between employees should be brought to the attention of HR. Issues and conflicts are effectively resolved by an unbiased approach and by encouraging effective communication.
- Compliance: HR professionals ensure that the organization complies with employment laws, and report on hiring processes and applicants.
Career opportunities in Human Resources:
According to the Bureau of Labor Statistics, HR managers are projected to grow 9% from 2020 to 2030, just as fast as the average for all other occupations.
Those with a human resource bachelor’s degree can expect to find employment in the following positions:
- Human Resources Manager
- Employee Relations Manager
- Compensation or Benefit Analyst/Manager
- HR Information Systems Manager
- Training and Development Manager
- HR Assistant
- Training and Development Coordinator
- Payroll Specialist
- HR Generalist
Master degree-holding HR professionals can fill the following positions:
- HR Director
- Vice President of HR/People Relations/People Operations
- Chief HR Officer
How a PGDM course in HRM will boost career opportunities:
With almost a quarter of the millennium gone, the latest trends and technologies are altering the game today altogether! Millennials who aspire to be HR professionals bring diverse skills and perspectives to the workplace. This generation thinks differently, works differently, and equates differently with companies.
Also, an organization’s greatest resource is its people, and good HRM requires a special skill set to recognize such talents and make them a part of the company and enforce a good organizational culture.
Hence, obtaining a PGDM course that too from one of the top B schools in Delhi-NCR like Asian Business School can help students to achieve the required skill sets and classified qualities that an HR must have!
Few of the key takeaways and highlights one can acquire after obtaining a PGDM degree from ABS:
- Creating game-changing HR functions
- Strong analytical skills to develop effective human resource strategies
- Data-driven human capital management abilities
- Business ethics and values
- Entrepreneurship development and incubation
- Soft skills and personal development
Clearly, it looks that a Post Graduate Diploma Management in HRM from ABS will open the doors to many great career opportunities.
So, if you are planning to develop these essential skills and to train for a better career opportunity in the future, consider ABS, one of the top business schools in Delhi, NCR, and set yourself up for success!