Human Resource Management (HRM) is a management function of employing human resources of a company in an effective and efficient manner for the growth of the business. HR managers are responsible for all employee related activities in a corporate business.
Major responsibilities of HR managers include inviting job applications for filling vacancies existing in the organisation, mainly through media advertisements and internal references; conducting interviews for the job applicants, selecting and hiring right candidates for the job, training and guiding the new recruits, formulating organizational structuring and restructuring, formulating employee compensation and benefits, monitoring employer-employee relations and updating organization’s HR policies and so on.
This is a good field to work for women candidates as very little field assignments are involved in this career profile. MBA in HRM is the minimum eligibility for the career applicants to start a career in this sector. All prominent management institutes provide education in HRM field such as MBA in Human Resource Management; Master of Human Resource and Organizational Development (MHROD); Post Graduate Diploma in Human Resource Management (PGDHRM) and Post Graduate Diploma in Human Resource Development (PGDHRD).
Career opportunities are available for qualified candidates as Corporate HR Managers; HR Consultants and as Academicians.
HR manager in the corporate sector: Career as a HR manager in the corporate sector is a lucrative career option in terms of compensation package and employee benefits.
HR consultants: HR consultants are highly experienced corporate executives and are generally required by corporate businesses when restructuring of the organizational structure becomes essential. Such cases arise when two companies are merged as one business or one company acquires another company.
Academicians: Career as an academician is best suited for HR professionals who are academic-oriented. Eligibility to stat a career as an academician is MBA in HRM, followed by a relevant fellowship programme in management.