The responsibilities of human resource managers are quite diverse. From designing recruitment protocols to employee benefits programs there are many such subspecialties in the field of human resource management that are gaining attention.
With a Masters program in Human Resources Management, the opportunities are endless. The changing sociopolitical climate of the workplace is leading to a higher demand for more competent professionals who can create a positive and enriching work environment for everyone in an office setup.
In this article, we have discussed the top 3 well-paying human resource management careers that are on the rise, according to reports by the Bureau of Labour Statistics (BLS)[i]:
1. Human Resource Consultant
After sufficient experience in the field of human resource management, you can offer consultations to other companies nationally or internationally. A human resource consultant counsels institutions on hiring strategies, management relations and appropriate office policies, etc. You can make a staggering income[ii] as a consultant by finding the right clients and using knowledge gained through your Masters in Human Resource Management to leave a lasting impression on your clientele.
2. Employee Recruitment and Staffing
The recruitment process involves a series of delicate steps that are designed to meet the goals of the company. The Masters program in Human Resources Management program prepares professionals to excel in this career. Here, the senior managers work with business heads to identify current and future hiring requirements; guide their team on creating advertisements for the job requirements, sourcing and shortlisting fitting candidates, formulate interview questions, and more.
BLS survey states that you can earn an average of $61,920 [iii]per annum as a human resource specialist. Recruitment, staffing, and HR careers are expected to see a 7% increase in the job outlook in the coming decade.
3. Human Resource Manager
Managers of human resource departments oversee multiple sectors. From dealing with the day-to-day employee requests to identifying staffing needs, human resource managers do it all. They also coordinate with other departments of the organization. Once you are a manager, you can start your journey of becoming a CXO-level human resource executive.
Human resource managers earn a good income; for instance, in India Rs 705,853[iv] is the average annual salary for HR professionals in managerial roles. BLS estimates an average annual salary of $116,720 for HR managers[v]. The field is growing with an estimated 6% increase in jobs by 2029.
Final Words
Besides these lucrative careers, HR postgraduates can become entrepreneurs and open up companies or consultant agencies. Or establish firms that can serve as the outsourced HR departments for many different organisations simultaneously. A Masters program in Human Resources Management gives you a strong base to operate from. When you feel confident in your awareness of the field and your abilities, there is no limit to what you can achieve.
As a working professional, you can enrol in SNATIKA's online Masters program in Human Resources Management. And gain the specialized knowledge and the qualification needed for these fruitful careers in HR in just 12 months! SNATIKA is a global leader in awarding highly prestigious UK Masters and MBA programs from UK universities and has been ISO 9001:2015 certified for its Admission and Academic Delivery Processes. Check out the program now!