Hi,
See if you can take something from my experience.. After finishing full time MBA in 2009, I joined a small ITES co as HR generalist in Chennai for a very basic pay. Now with 13 months of experience, I'm looking for a change & attended many interviews. What i found out is
1) One will have a higher pay package in a recruitment profile than a generalist profile in a 1-3 year time frame (especially if start off with a small -mid sized co)
2) U will learn a little bit of everything in HR Generalist profile, but if the attrition is higher in your co, then most probably you will be focusing on recruitment.
3) When you attend interviews in 1-2 years for any HR profile, you will be competing with 3 types: candidates who are generalist like you, specialists in a particular domain, internal job posting within the co from recruitment to generalist role.
The two options in front of you is:
1) Join as a recruiter, earn good money, shift to a well established co with 2-3 years of experience where if you are lucky, will get placed in a generalist role through job transfer in some future date, or if not, will be promoted to lead recruitment & to recruitment manager(based on performance, of course). Opt for this if you want to get settled in life quickly.
2) Join as a HR generalist, gain 2-3 years experience, while keep updating your HR knowledge.. The path of a HR generalist is slow but steady.. so dont expect any quick fixes.
Choose wisely.. All the best & of course, keep us updated :)
Regards
Benito M