Human Resource Management Specialisation
Navigating Today's Business World with Tomorrow's Leaders
ACADEMICS
- Financial Management Specialisation
- Banking & Financial Management Specialisation
- Business Analytics Specialisation
- Digital Marketing Specialisation
- Financial Research & Valuation Modeling Specialisation
- Hospitality Management Specialisation
- Human Resource Management Specialisation
- Information System Specialisation
- International Business Specialisation
- Marketing Management Specialisation
- Operations Management Specialisation
- Retail Marketing Specialisation
- Supply Chain Management Specialisation
- Sports Management Specialisation
Why Human Resource Management as a Specialization?
If you’re interested in a job with a great salary, room for growth, and where you can utilize your people skills, then you may want to consider a career in human resources. A variety of companies and industries include a human resources department so this field offers many opportunities. In this article, we discuss what a human resources position involves and reasons you should consider this career.
A human resources career is a job or position within a company’s human resources department that focuses on the hiring, training and growth of employees. Human resource specialists also help employees with onboarding requirements and benefit enrolment questions or concerns.
Top reasons to choose Human Resource Management as a Specialization
- You’ll be in a position of influence
- You’ll have the potential to earn an above-average salary
- You’ll have the chance to change lives
- You’ll have some significant staying power
- You can help develop the people around you
- The field is experiencing steady growth
- You’ll feel gratification from solving problems
- Each workday will be different
- You’ll get to work with people
- You’ll get to guide others in their careers
- You can help create a more diverse, equitable workplace
Careers / Jobs Roles in Human Resource Sector
A fresher management graduate can start their career as HR Generalist and HR Specialist. HR generalist are less focused and handle number of areas and tasks simultaneously. They may be expected to recruit new employees, assist in matching employees to existing jobs, coordinate retraining efforts or manage employee benefit programs. Others may negotiate with labour unions or manage payroll and compensation. Creating and enforcing a company’s employee relations policies is also often a part of the human resources generalist job description. HR specialists focus their efforts in a single area, such as recruiting or training, etc.
The following job roles open up after a PGDM in HR:
- Hiring / Recruitment Generalists / Trainees
- Social Media Recruiters
- Compensation and Benefits Specialists
- Training and Development Specialists
- Employment, Recruitment and Placement Specialists
- Human Resources Management System (HRMS) Analysts
- Internal Communication Specialists
- Rewards and recognition Specialists
- Office Administration Executive
- Labour Law and Compliance Specialist
- Human Resources Recruitment Analyst
- Talent Search Team
- Compliance Liaison Officer
Salary Packages for Human Resource Management Professional
A person working in Human Resources in India typically earns around 30,200 INR per month. Salaries range from 12,800 INR (lowest average) to 52,300 INR (highest average, actual maximum salary is higher). As a beginner, you can expect to earn around INR 2.95 lakh per year and as you gain experience, your pay would increase further in this field. Experienced assistant HR managers earn around INR 9.62 lakh per year in India on average.
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Human Resources careers.
Top Recruiters for Human Resource Management Professionals
- Oberoi Group of Hotels
- Westin Hotels and Resorts
- The Taj Group of Hotels
- Hyatt Regency
- The Leela
- Le Meridien
- Holiday Inn Hotels and Resorts
- The Lemon Tree
- Rosewood Hotels and Resorts
- Sheraton
- Hilton Worldwide
- Marriott International
Growth of Human Resource Sector in India | Facts & Figures
Making career in HR industry is an ideal dream for many MBA aspirants hence, you are expected to know and understand HR sector.
HR Industry (Human resource) industry in India has become a common need for almost every business that is looking forward for a good growth at the same time improved organization managements. Right from hiring the right candidate for the company till providing the best of the curriculum activates for the employees to grow, there are so many things that an HR actually does.
The growth in the economy that is shown by India is highly said to be due to the HR industry that has come into existence. There are so many factors due to which Indian HR industry is driven that includes the client industry growth, entry of multinational companies, large conglomerates in new business domains and many more.
It has been providing with the best of the opportunities in the market. So far, this industry in India as grown at a compounded annual growth rate of 21% which is certainly a good thing to notice. HR industry in India is certainly at its peak to get to more success and allow the client to grow.
PGDM Module ‐ 3 Specialization | Human Resource Management
MANAGEMENT
DEVELOPMENT
INTERNATIONAL HUMAN RESOURCE MANAGEMENT
MANAGING CHANGE THROUGH ORGANIZATIONAL DEVELOPMENT
LEADERSHIP