Hr & Od Consultant
Senior Hr Officer
Human Resource Manager
Making Correction Immediately If I Did Flaws..initial
Hr , Personnel & Admin
Talent Acquisition,talent Management,talent
See my opinions as below;
1- I don;t see HR is really a earning field compare to other fields.
2- It depends upon the employer brand
3- Now the trend is all in one (HR specialist) who can handle all HR functions.
4- Also its depends upon the size of the company as well as branding. To be honestly HR Managers salary will b less than comparing other dept managers salary.
As per your queries
1) i cannot say that HR is not a earning field. HRs are also being paid more or less par with other departments. But the problem is oppurtunities available in this field are far less. Unless and until u prove urself one cant shine in this area.
2) Every industry requires a HR where employees / labors working for any organization
3) As Nawaz rightly said now the trend is not restricting urself to any division of HR. Should be a master of all in this competitive world.
4) There is no limit in compensation for the most talented persons
HR is an earning filed, since they are paid well as compared to others at same level...... now time is changing.... yes but they are paid bit less as compared to core software professional and marketing person who has sales incentive... however times are changing for all.
An Generalist HR is in demand....
I have seen person with 2-3 exp in position of HR Manager with salary of 2-3 Lacs pa and person with 10 yrs exp as HR Manager with salary of 10 Lac pa.... so you can decide highest salary of a manager.
obviously HR can earn equal to any other employee (pls try to avoid comparison with software guys!!) but as Rajiv said opportunities are very less in this field and u need to be patient..to start ur career u need 2 years of gestation period where u just increase your no of exp year but dnt expect good salary.
Again if u get good placement from ur college u r the lucky one..bcz getting job on ur own in this field is a bit difficult.
Sector wise IT HR is good paid but u dnt have much work to do there (its a matter of debate as officially no body wants to accept it...but then IT employees think like that)
Generalist role is always better as it has broad scope of being specialist in future years of career,but starting from a specialist field (recruitment, IR, payroll etc) is something which restricts u from starting itself.
And salary of different companies depends on their salary structure as well as exp of candidate.
Hope this will help.
IT industry is a High payable in the market. This is applicable to HR Field too..
But Lot politics involved in this field. Their is no Importance for the performance or a Quality Education. Lot of Position Closed through internal references.
Specially Recruitment is Highly demand in the market, Because today we have two to three Consultancy at every nuke and corner of our street. But other part of HR like Payroll, Generalist Specially ment for Experience persons not less than 3+ Yrs of Exp or People should have references the other part of HR is not purely ment for freshers the percentage is less.
The Highest Salary of the Manager based on his Exp like. if he is 10+ Yrs Exp Person. He would be receiving around 10 - 12 lakhs.
Good question if I assume your a fresher who is on the verge of graduating or trying to do your B school degree after your graduation!!!
HR in terms of compensation can be good/bad depending on the organisation you are going to work in!!
Sales guys would always get more salaries than other function for obvious reasons as they are the reason the organisation is still in existence.
That apart HR is really a good paymaster if you have the right skills/attributes/experience in that field or willingness to learn intially in your career and then grow with experience.
HR can consist of specialist fields like recruitment,Training,Comp & Ben,Compliance,IR,etc.
1>I would suggest intially you get into recruitment with failry well known consulting form to get a hang of industry profiles and what different companies pay so that you can know which industry is a target for you.
Then after 2 yrs of experience get into corporate opening.
2> OR you can try getting into a corporate in a generalist role which includes recruitment, HR operations, Business HR, Comp & Ben, Training,etc...
BEst of luck for making the right choice!
I am not saying HR is not a growing Field. But the percentage is less when compared to other areas like Finance, Marketing, Developers,etc. But due to outsourcing, the process like Payroll, recruitment, Training. It may lead to booming stage in near future. Now we have 7 HR`s Person for 100 Employees. It may Even change towards the higher percentage in Future.
Friends Feel free to post your comment.. Your comments and feedback helps me to update my skills. By this way our knowledge sharing gets developed. Thanks in Advance
No profession today is counted as easy. You have to work smart and hard at the same time.
Regarding the earnings in HR, they are high as well. Chose any Job Portal, and check out highest remunerations for HR equivalent to experience, do some self-study, You can do the same for other profession as well, and then analysis yourself along with the study you did, before deciding.
Just for information sharing, I know few HR people who are earning more than 50 - 75K per month with just 3-4 yrs of experience, but again it depends on the skills you have, and profession you can perform with.
In any dept.Salary depends upon the experience and exposure
You will get more salaries for some depts otherthan HR where the work is too high
Totally they are depend upon the other allowances.But those depts will not get the image like HR peole.We have some respect in overall the company.So my dear salary is depend upon the brand.If u want only money u go for some other work.It is a dignified work where you have been touch with all the employees in the organisation.
Hope u udstd.And sory if any mistakes.
I am not sure why are you collecting this opinion on HR.
whether HR is really a earning field ?
Yes. If you are not right industry
Which is the sector where HR's are highly paid ?..IT/Manufacuring/retail etc etc ?
IT and Retail
Which part of HR is in demand presently ?(IR or personnel or recruitment or else)
Now the companies are looking for GAMUT of HR activities. Specifically on Talent Management & Talent Aquisition.
what is the highest salary a manager - hr can get? and why ?
I am sure. I read some where near to 24lacs per annum.
I just want to write few more lines on this. First thing is not to select your profession based on Salary/remuneration. Your interest in the field. What do you like the most.
If you want to recognised and should be paid well then...best is Business Development. If you will be paid well and as well as you will deadlines/targerts. If you are not acheived you have resign and leave the company.
Hope this information will help u.
Head - HR
Herewith i am also sharing my views on HRD
1. Definitely it is one of the Earning Field. Generally in every company, our HR Dept is taking care of Employee from Entry to Exit Level.
2. In Manufacturing sector salaries are low rather than IT & Retail. But we will get good exposure like T.U, C.B, Lay off, Strike, Closure, Dismissel orders ..........
3. Generalist role is always good for your career. If you become a G.M-HR in future, You should have knowledge in all areas of HR. It will be helpful for you progress.
4. Knowledge is power; if you have a talent you can reach the goals at short tenure. And get salary rather than others. And also depends upon companies.
I think it is useful for you.
Let me put it across this way!
Any job which is related to 'Revenue Generation' for the organization the Price will go up. Then it doesn't matter if it's HR or Sales or any other.
Make your HR a 'Profit Center' Department & see the results!
HR is not earning field and so much problems and pressure this job. I am working 10+ year working HR different companies. But all companies is giving low salary and giving messenger work to HR dept.
1) Technical people Dip., is getting more salary to HR (MBA) candidates in Mechnical and textiles.
2) Electronics (BSc, MSc, BE) cnadidate is getting more salary and GOOD gworth and peaceful work compare to HR executives.
3) Software Engineers is getting very very higer salary to compare to HR peoples. HR peoples doing service to all employees ( like, floor cleaning, working place smooth, rest room, water facility, and so on)
Please dont go to HR field.
This is the first time i'm posting the reason why i joined this cite hr. Sorry for being selfish but now i find it very interesting n helping...........
Till now in my life i feel i haven't achieved any thing very imp because of being not properly guided, so now i need everbody's help to decided a good carrier for myself.........
I completed my graduation and then did MCA by IGNOU (correspondence), due to some reasons this took long time to complete n in mean time i had to join call centres n BPO for money, I have also done C++ and java courses from NIIT in 2002 and later in 2007 somebody suggested me that Data warehousing is having good scope so i did Informatica course in that but cud'nt get any break........
Now i'm working in a computer institute as Astt. HR and same time pursuing MBA (ICFAI, Bangalore)........this time money and fate took my side so till now i completed it's group a and group b in one chance now after group c i have to decide for which field i'm going to do specialization........i'm totally confused.......shud i go for Hr or IT?......I'm interested in finance but without work experience will it be too difficult??
will my this computer institute Astt HR work experience help in getting job in any good organization if i go for HR......
At this point in my life i want stability n static route related to career even if i get less money, coz i feel till now career wise my life is dispersed
plz help me........
many professionals gave good suggestions & opinions to u....
its not the matter of money, if u love the subject just go and join in hr field,,,here we can mould the employees...its a gret opportunity to u...
salary means... starting little bit critical but after getting good experience & exposure in practical(after 10 years) u can receive very high pay...
Which sector means i prefer manufacturing,,,u have lot of openings & pay here for exp.
IR & Personnel area has the gret demand....
HRis not really an earning field,unless you get into good industry that pay you good like IT/BPO/Financial Services etc...
Currently there is more preference to HR Generalist profile who can handle the entire gamut of HR activities together.This requires a good experence in the field & the ability & skill of multi tasking.
However there are companies who look at specific roles in HR ike Recruitment/Employee relations/Training & Development/Compensation & Benefits.etc & prefer specialists in these roles to handle them independently.
Salaries of Managers vary from company to company & depends on the industry type ,brand, tenure, size of the company etc..
I feel new comers have this choice before them. Those already in the field are obviously enjoying the profession of HR. Their staying in the function is proof of this.
Comparisions are always avoidable. For comparisions with any other profession will bring out strengths and weaknesses.
I feel that, HR is a service function in all industries and hence would occupy a stff function role. It will continue to assist the line function and continue to be an internal consultant to the line functioneries.
However, as the future predictions for HR indicate, more companies would be outsourcing HR functions in the days to come. This requires the availability of specialist HR organisations to meet such demands of the market. The HR persons engaged by these organisations would constitute the line functionaries of these organisations and provide the bread and butter for the organisation.
I predict that in such a scenario, the HR line functionaries with critical skills in converting HR organisational targets into executables and meet the client needs at a profit will always be GREAT demand. The market would pay very competitive compensation packages. If such persons have IT skills, IR skills, OD skills ( in short critical skills demamded by market) in the same person, you can be damn sure that sky is the limit as far as compensation is concerned.
It can be any persons guess as to when such a golden era is going to come. May be it has starterd. The market would take off in another couple of years. But one thing is sure. HR would no longer be content with staff functions. It has to be bussiness savvy to survive and deliver value.
To me practising HR should be a noble intention to be a bridge for both employer and employees looking into the well being of employees and at the same time a strategic partner to achieve company objectives.
Being a HR generalist might be in high demand now but going forward i strongly believes that being a HR specialist like in Compensation & Benefits; Training and Development etc will be of a higher selling point as most HR adminstrative job being outsourced.
If you are choosing for your career now you might want to consider if being a HR is in line with your career objectives in term of monetary??
Good luck to you..
1."Learning is better than earnings".... Offcouse you need more money but knowledge only makes the HR successful.. software engineer can be experience in 2 years in their field because they do the same thing with code everyday.... but HR are facing different and challenging problem everyday and HR should be knowlegable in practical..
2.HR generalist is in demand
3.According to the company standards and designation compensation are divided with the HR department
I hope this article on TV Mohandas Pai (Infosys - Head HR) solves your queries as to pay packages, and whether HR is an "earning field"
TV Mohandas Pai HR Head of Infosys - Infosys Pays HR Head Pai More Than Nilekani, Infosys Salary <link updated to site home> ( Search On Cite | Search On Google )
IMHO - All fields have opportunities to earn, the quantum of earning depends on the amount of effort you are willing to put in.
SIES College of Management Studies