Career as HR Manager: Lucrative Pay Packages for Dealing with People

What's It About?

Human resource (HR) management is a very distinctive approach to managing people and their aspirations in an organisation. It is a process of procuring, allocating, and effectively utilising human capital to create a balance between a company's long-term business perspective and developing a talent pool with the right set of skills.

As organisations work toward improving employee engagement and retention, managing employees' aspirations has become a vital role within HR management. Understanding employee aspirations, shaping them based on their unique backgrounds and helping them manage their aspirations to best accomplish their career objectives, are some of the emerging practices in HR. An HR manager acts as an enabler to achieve a high-performance work culture.

Clock Work

9 am to 10 am: Check mail. Send out communication to other functions

10 am to 11am: Meet team members and get updates on major projects

11 am to 1 pm: Meet functional heads to chalk out programmes for their teams, including training, manpower planning, audits etc. Teleconference with other location heads

1 pm to 2 pm: Lunch with colleagues

2 pm to 3 pm: Update CEO/SBU heads

3 pm to 5 pm: Handle interviews for various positions

5 pm to 6.30 pm: Do review meetings with team; review future plans and initiatives etc. Set up things for the next morning and wrap up

7 pm: Go home

The Payoff

Entry-level HR professionals from premier institutes may earn between Rs 6 lakh to Rs12 lakh a year. A mid-level professional may earn between Rs 18 lakh and Rs 35 lakh a year. Senior professionals may earn between Rs 40 lakh to Rs 1 crore a year.

Skills

• Ability to work under pressure and demonstrate discretion, integrity, fair-mindedness
• A persuasive, genial personality
• Must have strong domain knowledge
• Strategic alignment skills. Be able to align people resource strategy with business goals
• Excellent skills in managing contradictory views, culturally and socially diverse workforce, inter-functional conflicts etc
• Strong communication skills

How Do I Get There?

Over the years, it has been seen that people from various fields become extremely successful HR managers. Having said that, a degree in psychology, human behavior, MSW, labour laws, MBA (HR) would give you a much more balanced perspective while dealing with people. Some background education in the industry you work in will give you that extra ‘edge'.

Institutes & URLs

• Xavier Labour Relations Institute, Jamshedpur, www.xlri.ac.in

• Tata Institute of Social Sciences, Mumbai, www.tiss.edu

• All IIMs, www.catiim.in

• Symbiosis Institute of Business Management, Pune, www.sibm.edu

• University Business School, Chandigarh, ubs.puchd.ac.in

• Management Development Institute, Gurgaon www.mdi.ac.in

Pros & Cons

• It is a very fulfilling career giving one great opportunities to contribute to not only one's organisation but to society at large.

• It is a personally enriching and intellectually stimulating career with opportunities for lifelong learning.

• HR professionals could get caught between conflicting expectations of the organisation and its people. This could have a negative impact on them personally, affecting family life.

Author: Pranab Ghosh (HT Horizons)

Date: 28th December, 2010

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