Important Facts
College Vidya Team Mar 3, 2025 1K Reads
When it comes to the most valuable resource for any organisation, human resources surely stand out as one of the central pieces of the puzzle. Human resources refer to a company's employees and key stakeholders, and HR professionals are the employees of any firm responsible for managing and catering to the needs of all human resources, i.e., the companies.
Having started in personnel management, human resource management as a career domain has evolved multifolds to have now become an indispensable component of organisational effectiveness on a cross-industrial basis. As a result, the demand for well-qualified HR professionals is as high as ever. Individuals with an acumen and enthusiasm for interaction with others, forming social connections and impacting organisational strategies can venture into a career in human resource management.
While one of the lucrative industries of India and abroad, the field of human resource management has grown and matured quite a lot over the past few decades in India. Hence, many professionals are apprehensive about whether this career will become obsolete in due course. However, statistical facts and figures show the growing demand of the field of HRM in India.
Given below are some of the key reasons you should consider taking up a career in human resource management:
Hence, the field of HR is not only well-compensated and full of scope for budding professionals, it also provides them with a chance to contribute meaningfully to organisational success.
Understanding the nature of a career and the key responsibility domains associated with it is essential, not only for succeeding in the role but also for making the right career choice. The field of human resources is a joining point of correspondence between the management and employees of an organisation. Their role is critical to the effective management of all functions related to the personnel management on an end-to-end basis of the employee lifecycle.
The major responsibilities associated with the roles of an HR professional have been enlisted below.
While soft skills and interpersonal competence lie at the heart of this career domain, certain technical skills are also an important part of the desirable repertoire of skillsets. These have been elaborated upon below.
1. Technical & Hard Skills to Succeed as a Human Resource Manager
The technical and hard skills required for an HR professional cover a range of areas such as proficiency in analytical software, payroll practices, recruitment, etc, being well-versed with labour laws, basics of digital literacy, industry best-practices, and so on. These have been elaborated upon herein.
Key Skills |
Specifications |
Recruitment |
Recruitment and talent management are two key aspects that guide the HR practices and organisational effectiveness, and hence strong knowledge of the recruitment practices in one’s company, the industry, as well as employment laws and best practices is important for an HR professional. |
Payroll Practices |
Expertise in aspects related to payroll management of the employees of an organisation, including but not limited to their compensation structure designing, benchmarking against industry standards, benefits and perks management, etc., are key factors guiding the HR profession. |
Administrative Expertise |
Proficiency in handling administrative tasks such as employee leave management, attendance regulation, and supervision, influx and outflow of employees, etc. are important for succeeding in an HR-related role. |
Digital Literacy |
Digital literacy in terms of basic knowledge surrounding cybersecurity, proficiency with software for HRMS, etc., has lately become a key part of the repertoire of skills needed to succeed in the profession of HR. |
Data Analysis |
Although not central, however, data analysis in terms of market data analysis, employee data analysis, and company data analysis are important for functions related to policy development, performance management, recruitment and selection, compensation, and so on. |
Labour Law Knowledge |
Knowledge of the labour law of a country, alongside the best employment practices, is important for an HR professional to possess. |
2. Soft Skills to Succeed as a Human Resource Manager
Even more critical than the hard skills needed for an HR professional to succeed is the repertoire of soft skills focusing mainly on interpersonal competence in the form of communication skills, conflict resolution, leadership, influence and so on. Key soft skills needed in this field have been enumerated below.
Key Skills |
Specifications |
Interpersonal Skills |
The key job responsibilities of an HR professional revolve around interacting with and managing the human resources of an organisation, making interpersonal skills the most critical skill for the profession. |
Communication Skill |
Effective and clear communication, in verbal and written form, is important for HR professionals to effectively manage stakeholders such as managers, leaders, and employees of the organisation. |
Adaptability & Flexibility |
The HR work environment requires agility owing to shifting work conditions, labour laws, policies and organisational requirements, making adaptability and flexibility an essential skill to possess. |
Conflict Resolution |
Considering the stakeholder management involved in the profession, effective conflict resolution skills are important for |
Leadership Skills |
HR professionals are key stakeholders in management, organisational policy and employee relations, making leadership and influence skills imperative for their role. |
Time Management Skills |
HR professionals must be efficient at managing multiple responsibilities simultaneously while adhering to specific timelines to enhance the organisational process efficiency. |
One of the key advantages of seeking to develop a career in human resource management is the opportunity to go for a specialisation in a field of HRM or explore the field as a HR generalist. This provides an early professional the chance to explore the field and choose the domain that best aligns with their career aspirations.
A few of the major available job options in the domain of human resource management along with details about their compensation have been enlisted below for reference.
Job Role in HRM |
Average Salary (Per Annum) |
HR Generalist |
INR 4.26 LPA |
HR Manager |
INR 7.78 LPA |
Talent Acquisition Specialist |
INR 5.82 LPA |
Training & Development Manager |
INR 10.3 LPA |
Compensation & Benefits Manager |
INR 18.92 LPA |
HR Analytics Specialist |
INR 5.5 LPA |
HR Business Partner (HRBP) |
INR 9.37 LPA |
Learning & Development (L&D) Specialist |
INR 7.8 LPA |
A deep dive into the industry of HRM as a career has been provided below in terms of its industry trends, the courses and financial investment involved in education in the field as well as the scope of growth through the years as an HR professional.
Some of the industry trends and statistics to consider in 2024 include:
One can explore options for education in HRM either at the undergraduate level as a BBA or at the postgraduate level as an MBA, executive MBA or PG diploma/certification. Furthermore, a doctorate in HRM is also a high-level educational option available for those who already hold a postgraduate degree in management.
Courses in HRM are available in primarily three modes of education in India to pursue–offline or regular mode of education, the distance mode of education, and the fully online mode. The online mode of learning provides courses holding equivalent value as a regular course, but in a relatively affordable fee range to students and working professionals.
The available online courses in the field of HRM along with their approximate fee ranges have been enlisted below.
Human Resource Management (HRM) Courses |
Approximate Course Fees |
INR 2,00,000 |
|
INR 2,50,000 |
|
INR 1,80,000 |
|
INR 1,50,000 |
|
INR 1,80,000 |
|
INR 5,00,000 |
|
INR 63,000 |
|
INR 75,000 |
|
INR 7,00,000 |
|
INR 1,50,000 |
The scope of growth in human resource management is quite appealing, with figures reaching up to 5 times the initial salaries offered in the field. The growth trajectory offered in the field of HRM to a professional has been represented below.
When it comes to developing a career in human resource management, students from all academic backgrounds can venture into the field after completing their school education or undergraduate education.
For establishing a career in HRM, a student can complete education in any stream in class 12th or equivalent level. Further, they can either choose to start specialising in HRM at the undergraduate level or take up a general course related to management or any other background. At the postgraduate level, one can consider pursuing either a master’s degree like MBA in HRM or a PG diploma or certification to upskill in a specific domain of the field.
The career navigation path of developing a career in HRM is represented below.
In India, the top courses available for training and upskilling in HRM include a BBA, an MBA, a PG diploma, and certifications. These courses are offered by some of the top management institutes and B-schools of India in the regular and online modes. Some of the eminent institutions of India that offer courses in HRM have been represented below.
As this blog has established, human resource management or HRM as a career is a domain that provides dynamic opportunities to grow oneself in the corporate sector as well as establish a strong network for prospects. With a core focus on the interpersonal relations, policies, and best practices in corporate domains and organisations, this career can be a fulfilling choice for professionals with a prowess in interpersonal communications and relations management.
To start a career in human resource management (HRM), you must first complete your undergraduate education, i.e. have a valid Bachelor’s degree in any stream (preferably a management specialisation like HRM etc.). Upon completing Bachelor’s education, you can start exploring opportunities in HRM roles or take up a long or short-term course specifically in the specialisation of HRM (e.g. an MBA, a PG certificate, a PG diploma etc.). With a higher education qualification in HRM, you can explore multiple HR-related domains and roles for professional prospects.
No, holding an MBA in HRM is not mandatory to become a human resource professional. You can also hold a valid Bachelor’s degree in HRM or other specialisation, or hold a PG certification, PG diploma etc. in the specialisation of HRM.
Depending on the domain of HRM that you are focusing on, you can earn anywhere between INR 4 LPA to INR 7 LPA during your initial years in the role. As you gain further experience and escalate to managerial positions, you can earn between INR 7 LPS to INR 10 LPA easily as an HR professional in India.
Some of the top higher educational institutions in India for HRM studies include those like the IIMs, XLRI Jamshedpur, S. P. Jain Institute of Management and Research (SPJIMR), Faculty of Management Studies (FMS) etc.
Yes, human resource management (HRM) is a field open to professionals from all educational backgrounds. If you have completed your higher education in commerce, you can still pursue a career as an HR professional. However, most organizations require you to hold some relevant qualifications in HRM specialization, such as a professional certification, a PG diploma, or a PG degree, to take on HR roles.
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