Human Resource Management: Career Perspectives and Salary
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This assignment provides an in-depth analysis of human resource management, focusing on its contributions to a company's productivity and profitability. It also explores career paths and salary structures within the HR department, from HR Executive Recruiter to Chief HR Officer/Vice President of Human Resources.
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My career plan is to get a job as an HR Manager in the Hospitality Industry. Career is the most important component for a human life and its overall existence in this social world.It’s the path ofsuccess,self-actualizationandasenseofvictory that emphasized on the overall development at personal and at professional levels as well. Hereby, Human Resource Management has become one of the exemplary professions in today's world. This assists in shaping the present and future of the business in the forthcoming progressive aspects. The external and internal factors I took into consideration while choosing a career in HR are the social network, which helped me get all the necessary information regarding the skills required, the Human Resource department, which deals with hands on trainings and helps employees along their ascension on career ladder, and the legal department, which oversees the policies and other related regulations and laws that must be followed to comply with the CSR and overall responsibility for smooth workings of the firm (Oludayo and Omonijo, 2013). Digital technologyis the external factor which helped me to decide for HR career. Social media research has boosted my confidence regarding the chosen career at heightened levels and online platforms like Facebook, LinkedIn etc., provide loads of informationregardingvariousvacanciesandopeningswithwelldefined responsibilities and roles as per the employers desires.Mostly, thejob description/ shed light on the skills with experience for filling up the vacant positions in the corporations.In regard to the same, it has been demonstrated that few spots are demand-sensitive and few positions at the company are value based which means few specificskills are required that includes management degree along with few numbers of years. Digitalization became the driving force for HR in terms of e-recruitment through pool of job seekers due to its benefits such as cost cutting, time efficiency and enhanced networkingskillstoestablishconnections.Asaconsequence,ithasbecome convenient these days search through digital platforms has benefited the industry in astounding approach (Armstrong and Taylor, 2014).Also, HR contributes towards the company's makeover by adding value for employees’ engagement in leveraging the overall assessment of the HRIS software and other such IT tools for enhanced cost effectiveness.
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Next to the external factor, I was led in my research by the internal factors such as Human Research and Legal department.Human Resourcesdepartment distributes people as per their skills and qualification while maintaining the ethical policies and standards.HR as my career guide showed me immense potential by offering wide range of opportunities. This is the driving force in an enterprise as they mainly deal withrecruitment,selection,remunerations,calculationofsalariesorwages, scheduling, providing training, managing internal relationships among the employer- employee and many more. HR lays a platform that holds the entire organization together and acts as that glue which makes everyone to work under one umbrella with unity (Human Resource Management,2018). Additionally, this makes a progressive momentum in an organised and formal professional setup that embarks upon the success ratios of their job profile inexponential growth. These roles make the establishments work with team spirit by incorporating motivation and confidence. Based on my research, the reasons why I would like to embrace a HR career in the hospitalityarethehighopportunitiesforcareerdevelopmentandadvanced provisions in terms of opportunities to explore the wider aspects in different arenas (Oludayo and Omonijo, 2013). Lastly, HR acted as the bridge to fill the gaps between the upper management and the lower staff personal. Legal department This department is crucial for making the compliance of statutory regulations, policies and rules on the workforce or the employees' with the help of the Human Resources Department for completion of day-to-day activities of the workplace in effective mode. However, this department makes an individual understand the rights and other benefits that prevent any in discrepancies or fines and also help in organisingtrainingforgeneratingawarenessincontexttoethicalstandards, corporate behaviour, safety, harassment or abuse etc (Losonci, Demeter and Jenei, 2011). In addition to this, thisdepartmentaids in providing the workforceinformation on how to reach people whenany type of discrimination or harassment, abusetakes place,along withthey outlinedanintegratedcompositiontogivebenefits and incentivessuchasleavesprovision,overtimepayments,safety,gender-pay
differences and more. For instance, they assist in labour rights with protecting confidentiality and other such implications to eradicate any animosity that might prevail in the ambience of the workplace,e.g. the government legal service (GLS) helps in the recruitment purposes by giving training and induction to new entrants to use the powers vested to them.Additionally, several government regulations have impacted the need to be in streamlining processing for the company’s adherence towards policies and procedures in outstanding manner. It has been summed up that humanresourcemanagementhasassistedinleadingthecompanytowards productivity and profitability as well.For instance, Equality Act 2010 gives rights to everyone and be treated equally without any differences on the basis of age, colour, race or religion. Career perspectives and salary The initial level to make an entry into this department is on the post of HR Executive Recruiter. Sometimes, with good academic score and experience, one can be hired as the HR Consultant or Specialist of Labour Relations. With diligence and working at these posts for around 3-5 years, one can be promoted to Compensation and Benefits Manager or Training and Development Manager. Along with, there will an increment in the respective salary scale with some fixed amount of hike. After spending ten years' in this field and gain a huge amount of experience, an individual can be promoted to Human Resources Manager(Braine and Roodt, 2011). Further, one can attain the post of Human Resources Director and lastly can become the Chief HR Officer/Vice President of Human Resources with an average package in lacs. Additionally, Salary wise, it is clearly understandable as one grows and jumps to the next level, there will be increased amount in salaries or wages. Conclusion It has been summed up that human resource management has assisted in leading the company towards productivity and profitabilityas well with proper mixture of contributionfrombothexternalandinternalfactors.Digitalmediahasplayed significantrolebybringingrevolutionarychangesintheHRdepartmentofan
organisation by using IT tools and use of internet in proficient manner, along with, thelegaldepartmentactedasthebridgetofillthegapsbetweentheupper management and the lower staff personal.Lastly, the package offered to HR officer is substantial to grow a prospering career and fulfilling lifeby reaching the highest level in few years through following consistent approaches. Therefore, these perks pushed me to pursue this management course.
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REFERENCES Books and Journals Armstrong, M. and Taylor, S., 2014. Armstrong's handbook of human resource management practice. Kogan Page Publishers. Braine, R.D. and Roodt, G., 2011. The Job Demands-Resources model as predictor of work identity and work engagement: A comparative analysis.SA Journal of Industrial Psychology. 37(2), pp.52-62. Losonci, D., Demeter, K. and Jenei, I., 2011. Factors influencing employee perceptions in lean transformations.International Journal of Production Economics. 131(1). pp.30-43. Oludayo,O.O.andOmonijo,D.O.,2013.ANANALYSISOFTHEEFFECTSOF SELECTEDHUMANRESOURCEMANAGEMENTPRACTICESONTHE CORPORATEPERFORMANCEOFAMULTINATIONALCOMPANY,WESTERN NIGER. International Journal of Economics, Commerce and Management United Kingdom. 1(2). pp.1-18. Online HumanResourceManagement,2018.[Online].Availablethrough:< http://www.whatishumanresource.com/human-resource-management>.