Human Resource is not a thing or job we do. In fact, it's a job that runs a business and strategically assigns their most valuable assets.
As businesses are striving to rule to the fast-paced customer market, the demand for Human Resource expertise is growing. Aiming for a Human Resource Management degree will land you in a field of great career opportunities.
Job Outlook for Human Resource Managers.
HRM will grow faster than other occupations in the coming years according to the U.S. Bureau of Labor Statistics (BLS). There will be well-paid jobs for college graduates with a well-rounded education. This is better especially with training in Human Resources Management.
Recent graduates will start out as an HR specialist at a similarly lower salary. They will move into manager-level roles depending on their performance and experience. Do you have vast experience, extensive performance, and advanced education? You can receive high salaries if you possess these.
What is Human Resource Management?
Human Resource Management (HRM) is a formal system devised to manage workforce. HR managers have to carry out many obligations. They also monitor the production of the employees.
The manager holds a Human Resource Management Degree or certification. He or she has to look into the matters, like staffing, employment perks, defining work and collection of reports. The HR department provides coaching, training, necessary tools, knowledge, legal and management advice. They are responsible to inspire employee empowerment and team building within the company.
The purpose of the Human Resource Manager is to maximize the productivity of the company. This is done by optimizing the effectiveness of the people working in the organization. As you see, all the aspects touched by people come into the HR kingdom. The HR department nourishes the organizations' greatest resource - Manpower. The department is often consigned to a lower level in the corporate hierarchy.
But, now companies recognize the importance of Human Resource Management in their overall business health. They constantly hunt for Human Resource Management Degree holders with great skills and knowledge.
Why Choose Human Resource Management Degree?
Nowadays, business success heavily depends on human capital. An HR Manager manages this crucial resource effectively to ensure business success. These professionals communicate with everyone, from workers at all levels to the top managers.
Here's why you should go for a Human Resource Management Degree for higher studies.
- Rewarding Salary.
Companies now recognize the role of HR professionals. So, it's no surprise they get good compensation for their efforts and dedication. In May 2016, the median annual wage for Human Resources Managers was $106,910. Also, there are great chances to increase this figure and move way up the corporate ladder depending on your performance.
- Stable Career Choice.
Technology and automation can change many things in a company. However, the role of HR withstands technological displacements easily. It's true that technology has automated many HR responsibilities. But a large aspect of HR career can't be automated. The professional demands intuition and common sense, which technology can't imitate effectively.
- An Influencing Job.
HR professionals have a different perspective on the businesses they work for. HR Managers understand the priorities and challenges. They can influence the company's future with labor decisions. Good HR professionals keep a finger on the pulse of the company, and they try to do what's good for the organization.
- HRM is a Growing Field.
The BLS reports the HR career field enjoys a steady growth in the years to come. The role, responsibilities, and importance are unlikely to change. In fact, companies now even eagerly search for talented specialists and other HR professionals. Also, HR is a flexible profession.
Every business should have a Human Resource Manager regardless of the size. You can put your skills acquired through Human Resource Management Degree to work just about anywhere.
Key Skills – Human Resource Manager.
Human Resource professionals have certain skills that only HR professionals have. This uniqueness makes them so special to the companies. Look at the essential HRM skills needed to run a successful Human Resource department and hire the best talent.
- Organization: Organized records, strong time-management skills, and work efficiency are crucial to HR effectiveness.
- Multitasking: HR Managers should be multitasking. They need to handle an employee's enquiry while imposing the policy change.
- Negotiation: Many times, there are two or more opposing views on a situation. The successful HR Manager finds an acceptable middle ground and makes sure that all parties are satisfied with the negotiation. It's certainly not easy!
- Conflict Management: At many points, you will need to solve problems or manage rising conflicts. A good HR Manager ensures that employees work with a team spirit and in a civil manner. This will ensure that work can be completed on-time and deliver high-quality outcomes.
- Communication: HR Managers communicate up to management and down to all levels of current employees. They have to communicate in multiple ways, including writing, speaking to a small or large group, social media, phones, etc.
Surveys say that employment for a Human Resource Management Degree is likely to grow 9% by 2024. The need for HR professionals continues to grow. New companies are starting up every day. Many organizations are seeking better growth.
If you hold a certificate or a master's degree in Human Resource Management you have great job prospects. Those with a solid work experience in the same field will have better job opportunities.
Careers Related to Human Resource Managers are:
- Administrative Service Manager.
- Compensation and Benefits Manager.
- Human Resource Specialist.
- Labor Relations Specialist.
- Training and Development Manager.
- Director of People Development.
- Performance and Reward Expert.
- Occupational Psychologist.
AN HR Manager can be successful if they have excellent leadership and communication skills and a HRM degree.