In recent times, there has been a growth in demand for skilled HR professionals in both public and private sectors. HR Professionals form the backbone of an organization, as they are responsible for maintaining a cordial relationship between an organization and its employees. Currently all big and small organizations hire HR personals as they are crucial to the formation of a company’s culture.

Check MBA in Human Resource Management Syllabus

The function of an HR in a medium to large corporate organization can be broadly defined in the following five categories:

• Administration
• Employee Relations
• Talent and Compensation
• Business Partnering
• IT Platforms – Learning and Development

Generally there are two kinds of HR Professionals – Specialists and Generalists. While Specialists focus on any one area of recruiting and training, Generalists handle multiple roles and tasks.

An MBA degree in Human Resource Management prepares an individual for the following positions in an organization:

• Human Resources Manager
• Employee Relations Manager
• Compensation or Benefit Analyst/Manager
• HR Information Systems Manager
• Training and Development Manager
• Labor Relations Manager
• Staffing Director

Top Recruiters for MBA in HRM

Some of the top recruiters for MBA in HRM degree holders are:

• ABC Consultants
• Adecco
• Randstad India
• Manpower Inc.
• Mantech Management
• Ernst and Young Private Limited

Banks in private sectors also employ MBA in HRM people in positions of Assistant Manager and HR Manager. Some of the reputed banks which seek MBA in HRM are:

• ICICI Bank
• Axis Bank
• HDFC Bank
• Syndicate Bank

Career in Public Sector

People with an MBA degree in HRM wishing to work in public sector also have multiple job options to choose from. Such candidates can work as management trainees for Public Sector Undertakings or work in administrative positions for different departments. Some of the public sector undertakings are:

• Steel Authority of India (SAIL)
• National Thermal Power Corporation (NTPC)
• Bharat Heavy Electricals Limited (BHEL)
• Food Corporation of India (FCI)

Career Growth

Any medium or large organization needs an efficient HR department. Even Startups are lining up to hire skilled HR Professionals. In its Annual HR Survey report, HRhelpdesk.in, has projected the growth of HR careers and salary increment. With data accumulated from about 600 participating companies, HRHelpdesk has predicted an average 12% increase in salary for HR Professionals over the next few years.

The maximum increment is seen in Heavy Engineering, Media and Real Estate sectors with an increase of 13%. Manufacturing, FMCG, E-Commerce are also expected to witness a decent increase in salary ranging from 10-12%. 

MBA in Human Resource Management: Salary Trends

The average entry level salary for MBA HRM graduates depends upon many factors. The most relevant factors are usually the institute of study, job position, and sector of employment.

When it comes to institutes, the IIMs certainly fill some of the top spots for average salary offered to HRM graduates IIM Bangalore at the top. Below is an institute wise analysis of average salary offered to MBA –HRM graduates.

However, average salary offered also depends upon the job profile of a candidate in an organization. Here is a graph to better explain the salary range for different job positons.

Another factor which largely affects the average salary offered to an MBA graduate in Human Resource Management is the Employer. Average annual salary for an HR Professional varies across companies and organizations.

Salary offered also increases with experience in the field. Below is a graph to explain the growth for HR Professionals in terms of experience.

Gender Wise Salary Distribution

It is a common perception that Women tend to be better as HR Professionals because they have a better Emotional Quotient (EQ) than Men. The ratio of female to male in MBA HRM program is better than that in any other MBA program with about 273 females per 100 males. In terms of employment too, many organizations prefer female HR professionals over male HR professionals. In India, the percentage of women working in the HR professions has increased from 33% in 2006 to 47% in 2011. The average salary paid to women and men in an HR job does not vary much. The gender wise average salary for men and women is given below: