What is HR Management?

HR management involves overseeing employee relations, recruitment, training, and organizational development. It ensures efficient workforce planning, compliance with regulations, and a positive workplace culture. Organizations achieve higher productivity, employee satisfaction, and alignment with business goals through effective HR management.

 

 

 

 

The term human resources was coined in the 1960s when concepts such as motivation, organizational behavior, and performance assessments began to emerge in the world of industry and production. Later, HR management was conceptualised to have HR-related functions performed in a more organized manner. 

What is the Meaning of HR Management?

HR management is the management of the workforce for optimum utilization of resources in an organization. HR department focuses on employees' roles and responsibilities and ensures best work practices are followed to achieve the desired goal. There are seven main areas of HR management – hiring, training, compensation, career development, health & well-being, and employee-employer relations. 

What Does an HR Manager do?

A competent HR manager is an asset to every organization. HR managers’ performance directly relates to other departments' smooth and efficient functioning. They are responsible for selecting the right candidate for a said job, train them, and ensure that they perform to the best of their ability at all times. They are also responsible for maintaining performance records and providing employees career development opportunities. 

Role of an HR Manager

• Recommending or hiring new employees
• Consulting with managers/department heads to identify skill needs and qualifications
• Creating job descriptions for recruiting, hiring, and training of candidates
• Coordinating recruitment and hiring processes
• Interviewing candidates for relevant job posts
• Overseeing orientation and training of new joiners
• Administering payroll, attendance/leaves, and company policies 
• Disciplinary actions and resolving disputes between employees 
• Resolving disputes between employees and management
• Updating stakeholders on changes to company policy
• Completing and maintaining records of employees and HR functions

Why HR Management is a good career option?

HR management is a very popular option among all management careers. It not only has a wide employment base but is also monetarily rewarding. Every organization - big or small, private or government, across sectors, needs competent HR Managers to handle workforce requirements and management. 

HR management job role has many challenging tasks which keep them motivated and provide job satisfaction. The role of an HR Manager is not restricted to reading resumes and conducting interviews. They play an important role in maintaining the health of the organization by ensuring the well-being of the employees and contributing to the organizational goal of higher revenue generation by identifying skills and talent. They also contribute to building the brand by attracting and retaining the best minds in the field.

HR Managers can take up jobs in any sector of their choice – Finance, Consultancy, FMCG, BFSI, Media, Hospitality, Pharma, Healthcare, IT, Advertising, etc.  The average starting salary of an HR Manager in India is Rs 7 lakh per annum.

Who should opt for HR Management?

HR management is a specialized skill acquired by those with a natural flair for people management. This job requires a fine balance of objectivity and empathy to ensure that the workforce of an organization is in good health. Individuals who can identify talent, have the patience to listen and have the knack for understanding personalities can do well in this field. 

Below are some key skills required to be a successful HR professional.

• Communication skills
• Interpersonal skills
• Team management
• Impartial and objective
• Empathetic and compassionate
• Organizational skills
• Time management 
• Basic computer skill 

Career in HR Management

A good human resource (HR) department can be immensely valuable for an organization. The HR department contributes to building the organisation's reputation and organizational goals, as its efficiency directly affects the performance of other departments. Simply put, the better the HR department is at scouting and handling employees, the better the company’s performance. 

How to choose the right HR Management course?

Choosing the right HR management course depends on the phase of one’s career. Fresh graduates can pursue a full-time MBA/PGDM in HR programs. At the same time, experienced professionals can take up short-term online courses offered by education platforms such as Udemy, Coursera, Talentedge, etc. These short-term courses are flexible and do not interfere with your work hours.

Before choosing the right HR management course, check the following parameters of the program:

• Course structure and delivery mode
• Course recognition
• Fees and financial aid
• Institute infrastructure
• Internship and placement  

Top five HR Management Programmes in India

Some of the top colleges for MBA in HR are listed below:

• Management Development Institute, Gurgaon (Course fee for full-time MBA Rs 19.8 lakh)
• Indian Institute of Management (IIM) Ranchi (Course fee for full-time MBA Rs 12.50 lakh)
• XLRI Jamshedpur (Course fee for full-time MBA Rs 20 lakh)
• International Management Institute (IMI), Delhi (Course fee for full-time MBA Rs 15.14 lakh)
• SVKMs NMIMS, Mumbai (Course fee for full-time MBA Rs 17.50 lakh)
• Xavier Institute of Social Service, Ranchi (Course fee for full-time MBA Rs 5.59 lakh)