Helping organisation achieve its goals.
Aiding people to work the best to their potential.
Making policies to promote a good working culture.
Bringing the right talent to the right jobs.
If all these statements excites you. Then Human Resources is a career for you!
In today’s dynamic world, where technology, products, services & structures are changing rapidly; it is the human resources of an organisation that brings a long term & sustainable competitive advantage to an organisation. The KSA (knowledge, skills & abilities) that your people get to the organisation are the most important assets. Irrespective of the model, size or type of industry in which your organisation operates – human resource ,research and publications will always be an important function to determine your success.
Realising the importance of PEOPLE among the 4 P’s of an organisation ( People, Process, Product & Purpose), companies have continuously invested & innovated in the ways to get & keep the right kind & right number of employees.
create a pool of candidates for recruitment, (Recruitment)
select the most suitable candidate for employment, (Selection)
introduce the culture, policies & procedures of the company to the new entrants, (Onboarding)
keep the employees relevant by imparting the required knowledge & skills, (Training)
appreciate the good performers, (Performance Appraisal)
help resolve the dispute among the employees or with the organisation (Conflict Management)
give timely monetary rewards to the employees (Compensation)
keep the workforce motivated (Employee Engagement)
understand the reasons for attrition ( Exit Interviews)
take care of the separation process
In a nutshell, it would be right to say that more or less human resources take care of the complete employee cycle from bringing the best talent to the organisation till giving them a good separation experience.
An organisation looses its first battle if they fail in attracting the right kind &number of candidates for employment, thus most of the companies have come up with amazing cultures & policies, making them one of the Great Place to work.
Unlike machinery, an employees productivity depends on how motivated they are to put in efforts in the organisation. This fact has gained attention of the employers to
employee engagement. Companies have adopted innovative ideas to bring a productive & healthy culture to their companies, thus increasing the productivity.
Although, every manager should be a HR as well - since managing people is the most essential & the most challenging task for a manager to do. But following are some of the career options for a MBA in Human Resources:
HR Generalist : HR Generalist manages day to day operations of Human Resource Office. Unlike HR Specialist, HR Generalist is responsible for various functions such as employee relations, Training & Development, benefits administration, grievance handling, compensation & organisation development.
HR specialist: HR specialist are specialist in one of the HR functions – Recruitment, Training & Development, Compensation, Total Rewards, Employee & Labour Relations, Risk Management. Thus, HR specialist are required to have in depth skills in one of the HR functions.
HR Consultants: HR Consultants works to ensure that the company is effectively using its human capital to achieve its set goals. They also make sure that the workforce is working at a high level of productivity & effectiveness. HR consultants can be internal or external to the organisation. While an internal HR Consultant will know more insights of the company & keep the information confidential, an external HR Consultant will have an unbiased third party view to the situation & will bring the expertise from across the industry.
Considering Human Resources as a partner in business as finance is, corporates have identified a new position of CHRO who oversees all aspects of Human Resources & Relations. The general ladder of Human Resources in an organisation is as follows:
The above mentioned hierarchy is under one HR function. E.g. If someone joins as a HR Trainee in recruitment, as he gains experience & expertise he moves up the ladder & is assigned as a Senior HR – Recruitment.
After an individual has gained enough experience in a HR function, they are assigned the role of a HR Generalist. Following is the hierarchy generally then followed :
Assistant Vice President HR
Vice President HR
Board of Directors
Chief HR Officer
But after doing MBA in Human Resources, Is only career in corporate a possibility? The Answer is No. One can choose teaching as a career as well after doing MBA in HR & meeting the other requirements (like NET qualified, PHD holder, PHD pursuing) as set by the university.
If you choose teaching as a profession after pursuing MBA-HR, following is the hierarchy followed:
• Assistant Professor HR
• Associate Professor HR
• Vice Chancellor
Choosing the right course for post-graduation is one of the most important decisions that one takes in their career. In today’s world where career will not be limited to a said ladder, as one can progress in various ways possible. It is important to choose a field that you can personally relate to& a job which excites you to work to the best of your potential.