Gone are the days when resources and machines were known to rule industries. The scope of a work environment is now expanding and is gradually modifying. Now, the essential asset of an organization is its ‘people.’ The human resource of a particular company can drive the company to greater heights.
Eventually, this has further led to an increase in the demand for Human Resource Professionals worldwide. The role of an HR manager is challenging and exciting.
The aspirants who wish to become an HR manager and are willing to know the scope of an MBA in HR must read the article till the last to have an overall idea of the HR domain.
What is the role of an HR Manager?
It is observed that if we ask employees of a company that if they enjoy and are satisfied with the work, they are contributing to the company, they tend to express that they “don’t know indirectly”. Their answer is mostly ‘neutral’ rather than ‘positive.’ The primary motivation they achieve in this employment model is ‘punishment.’ Yes! Avoiding punishment is what they focus on!
But, the role of an HR manager is something unique and exciting. They are the ones who tend to drive motivation among the employees of a company.
To deal with a complex working environment, we must develop a comfortable and straightforward method of management. This is what the HR Manager does. They are deliberately focused on enhancing the human value of a company. They deal and shape the workforce of a company to yield growth and profits.
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HR Functions and Objectives
An HR manager’s primary objective is to ensure a competent and willing workforce to an organisation. Besides, there are four objectives that the HR manager follows. They are:
- Personal Objectives: To help the employees achieve their personal goals, especially the goals that are inclined to enhance the individual’s contribution to the company.
- Functional Objectives: To maintain the human resource department’s contribution according to the organisation’s needs.
- Organisational Objectives: To recognise and modify a human resource manager’s central role in bringing about an organisational betterment.
- Societal Objectives: To socially and ethically contribute to the demands and the rules of the society while ensuring to attract a minimum negative impact on the organisation.
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What are the skills that you must have to excel in the HR world?
An HR manager must have a combination of skills. They must have cognitive, interpersonal, and technical skills to give proper alignment to their work. Besides, they should be proficient in communication, be humble and empathetic, and have the right balance of tolerance and authority.
The HR manager must acknowledge his/her mistakes and provide room for improvements. That is what makes them ‘people person.’ Further, a sense of humour and the right mixture of humbleness will help one build a perfect HR manager personality.
In addition to the HR domain knowledge, the HR manager must have some competent expertise in sales, marketing, finance, operations, and other management fields. An HR manager must know all the HR policies, labour laws and principles, management practices, and program execution strategies to excel in the corporate world.
But the good news is that an HR professional demands no mandatory qualification requirements. Meaning, people with a diverse background can opt for an MBA course in HR. Starting from an engineering student to a guy from psychology, anyone can become an HR professional irrespective of their qualifications.
Jobs and Career in HRM
The job roles in the HR domain can be broadly divided into three categories- HR specialist, HR manager, and the HR head.
These are entry-level positions in the HRM domain. The job roles included in this category are interviewer, compensation analyst, job analyst, trainer, etc. Besides, the entry-level HR specialist may end up working at a consulting firm to provide consultancy services. They might be responsible for organising an orientation for the new joiners or develop contract negotiations.
HR Managers are generalists who are responsible for administering and coordinating programs across various functional areas. They are expected to know all the HRM domains and have the authority to implement the HR policies and manage the other managers in a firm. They convert the company’s business strategy to calculated HR policies to yield higher returns and profits.
The Head HR of a company is usually the top-level authority holder of a company. They might be a vice-president of an organisation who will be responsible for converting the top-level corporate policies into the best HRM strategies. They are expected to feed inputs to the company’s goals by enhancing performance through personnel activities.
In addition to the roles mentioned above, HRBP roles are also considered one of the most popular HR roles in the corporate world.
HRBP (Human Resource Business Partner)
They are engaged with the decision-making process to enhance the contribution to the business set strategy’s evolution. As business partners, they are not limited to the management, instead of support for various human resources to realise the goals and objectives.
Many companies task recruitment coordinators with finding qualified candidates for available work positions. They source candidates through applications, databases, online job sites, social media platforms, and professional networking sites. They screen candidates, schedule and assist with job interviews and submit recruitment process reports to the management. The scope for MBA HR freshers is promising as the freshers can start from scratch and find opportunities to grow.
Human Resources Assistant
Support HR managers and other executives with various administrative duties. That includes writing job descriptions for employee recruitment, checking references, scheduling interviews, and sending employment contracts. They also keep the work calendar for the HR management, arrange meetings and interviews, coordinate training and HR events and write HR reports.
Human Resources Generalist
Human resources generalists are professionals responsible for the internal and external human resources matters of a company. They handle recruitment processes, staff training, and employee relations. Developing company policies and guidelines, undertaking regulatory compliance, and maintaining employee databases are also one of them. Along with preparing HR activity reports, they monitor budgets and payrolls and keep up with HR best practices. MBA in human resource management scope is good in the country, which allows individuals to soar higher.
Employees Relations Manager
An employee relations manager is responsible for handling various issues related to employees and company management relations to maintain a harmonious work environment. Along with processing employee complaints, employee relations managers investigate the situations and offer counsel when appropriate. They gather and analyse employee feedback and develop best practices and programs for improving employee relations.
Labour Relations Specialist
The role of a labour relations specialist involves negotiating and bargaining with the union on behalf of the company management. Using their understanding of labour laws, economics, and wage data, labour relations specialists can draft specific proposals and regulations to facilitate collective bargaining. Addressing employee grievances, handling disputes, and taking disciplinary actions is the other part of the job.
Director of Human Resources
The scope of an MBA in HR is promising as the individuals can reach up to become the Director of HR as become responsible for overseeing the human resources department of a company. They supervise employee recruitment, design training programs, maintain employee records, handle employee relations, and assess staff requirements. Managing budgets, developing compensation plans, implementing HR strategies to meet business goals, and ensuring compliance with legal regulations.
Must Read: Career Options After MBA in HR
Should you opt for an HR course?
The article’s primary focus is to let you explore and realise the scope of the HR domain. This question’s answer would be the best tool for you to understand- “if you should go for this course or not? Is the demand for HR going to reduce any time soon? “
The rise of globalisation and increasing dependency on the MNCs has given us a hint of automation. Indeed, AI and machine learning is a new future. However, human intelligence and emotions are the most crucial element of an organisation. It is only the humans responsible for deciding, implementing, and controlling all the major activities in an organisation.
Should you go to an HR course? Yes! You should. Being an HR professional is not only a rewarding experience but also a respectable position in society. The human problems addressed might convert a normal/average employee to a well-groomed corporate citizen. Thus, if you are good with people and have higher emotional intelligence, you must choose the HR domain as your career.
What are the top companies that hire HR professionals?
After completing an MBA in HR from a reputed B-school, you can have an opportunity to work for top MNCs and organisations. The top companies include:
- Aditya Birla Group
- L & T
The Future of HR
You can observe that the demand for an HR individual has even grown rather than going down.
However, being in the HR domain, you should remember that you need to adapt and be agile. Meaning you must not stop learning. You can take HR analytics or do some relevant courses to empower your working as an HR professional. Indeed, HR will not be replaced. However, not only HR but also every individual must adapt according to technology.
Thus, MBA in HR future scope is bright!
Indeed, to excel in the field of HR, you must be good with humans and complete an MBA degree. Additionally, skills like persuasion, diplomacy, and interpersonal skills are also demanded.
Liverpool Business School & upGrad offers Global MBA program which has multiple specializations like HR, Marketing, Marketing, Finance, Operations, Analytics & more. The program provides 1-on-1 mentorship from industry leaders, a 1-week immersion program at the University campus, dual credentials (MBA from LBS & PGPM from IMT), networking with peers at offline basecamps, and more.