Exploring HRM: Is There Still Room for Growth and Opportunities in This Field?

Scope of HRM

What scope does HRM have?

HR Manager Salary

How much should an HR manager be paid?

Eligibility for HR Managerial Positions

Are freshers eligible for direct HR managerial positions?

Regards

A fresher cannot be a manager directly, dear. There is a growth ladder for all things. If you have the right qualifications to be in HR, I would suggest taking up a Generalist profile at the Executive level (junior level) and learn as much as you can.

Usual Growth Path in HR

The usual growth path is as follows:
HR Executive → Sr. Executive (HR) → HR Manager → HOD (HR)

However, depending on the industry and the size of the firm, there are many positions like the head of recruitment, head of employee relations, head of training, etc., who report to the HR manager, who in turn reports to the HOD (HR) and so on. Hope this clears your doubts.

It depends on the company to give a managerial post. If it is a 10-person company, they may directly offer a manager position. Even if you don't know how to spell "manager," MNCs and Fortune 500 companies might give a Senior Executive designation even after 5 years because they have a grading system and many policies. Even if they are letting you go, they will provide you with one month's salary and bid you farewell. On the other hand, companies that demote you from a manager position will simply inform you by saying, "Mr. XYZ, don't come to the office from tomorrow. You have done nothing as an HR, so we don't need you." (Today's corporate training expects HRs to develop sales skills as well.)

Future of HR

Speaking of the future of HR, don't chase success; let success chase you. ("Oops! So soon you forgot the '3 Idiots' dialogue, shame on you, man!") Everything carries value and deserves respect. All you need to do is become an expert in the area that you and your heart enjoy working in for 10 hours a day.