Human Resource Management: Career, Salary and Education Information
Human Resources Managers or HR deal with recruitment, career development, training, employee relations, compensation, industrial relations, compliance, employment law, redundancies, and disciplinary issues. Their job is to keep updated in the areas of employment law that often changes. The HR roles are generally found in small as well as medium-sized organizations and an HR Manager has to deal with the complete HR activities. There are many aspects to HRM study. Being a student of HRM, a student needs to achieve high grades in the examinations. Professional support from the human resource assignment help of BookMyEssay may be required if someone is finding it hard to complete the assignment writing within the deadline.
Education Information for Human Resources Managers
Candidates require a combination of educational qualifications together with many years of work experience for becoming a Human Resources Manager. A Bachelor’s degree may be sufficient for the majority of the posts through some of the jobs that need a Master’s degree.
Bachelor’s degree in Human resources is structured as the following:
- Bachelor of Science/Bachelor of Arts in Human Resource Management
- Bachelor of Science/Bachelor of Arts in Management with HR specialization
- BBA or Bachelor of Business Administration with a concentration in any one of the following areas:
- Human Resources
- Industrial Leadership
- Organizational behavior
- Management and leadership
The Graduate Degree for the Human Resource Managers is as Follows:
- Master of Science/Master of Arts in Human Resource Management
- Master of Science/Master of Arts in Management with specialization in HR
- MBA or Master of Business Administration with a specialization that includes:
- Leadership Development
- Organizational Behavior
- Labor Relations
- Human Capital Development
- Industrial Relations
The Salary Statistics of the HR Managers
As per the statistics available, the median annual salary of the Human Resource Managers is $ 106,900 and the top 10% of them earn more than $ 193,500 while the lowest 10% earned lower than $ 63,100. The HR Manager jobs are likely to increase by 13% by 2022-23. The HR professionals are likely to be in demand due to the complex and emerging employment laws in connection with occupational safety and health with equal opportunities in employment.
The Human Resources Managers in the top-level industries get the median annual wages as follows (approximate values):
Management of the enterprises and companies – $ 121,300
Professional and technical services – $ 121,000
Manufacturing – $ 103,000
Government – $ 96,000
Healthcare and social assistance – $ 92,000
Most of the HR Managers work during business hours on a full-time basis. It is found that 1 out of 3 HR Managers works exceeding 40 hours a week.
Careers of HR Managers
The HR Managers can choose any one of the career options such as the following:
- Compensation and Benefit Managers
- Administrative Service Managers
- Human Resources Specialists
- Compensation, Job Analysis, and Benefits Specialists
- Labor Relations Specialists
- Training and Development Managers
- Top executives
- Training and Development Specialists
- Occupational Psychologist
- Recruitment Consultant
- Health and safety advisor
- Employment Relations Officer
In small-sized organizations, an HR Manager is responsible for all HR duties but in the big-sized organizations, they have specialized roles and functions. The specialized HR Managers may be said Training and Development Managers, Compensation and Benefits Managers, etc. They are responsible for overseeing the employees of the HR Department.