LITERATURE REVIEW One only has to read the local papers to be reminded of the employment dilemma that the province faces and the need for well trained human resource Professionals. A scan of local papers reveals a minimum of 10 advertisements per week for Human Resource Professionals. There is a continuing need for HR graduates to fill these positions. Nowadays, many young people, before they start their studies at University, try to think well of what subjects would be the most useful in helping them to become specialists in highly demanded fields of business. As a confirmation, here is what the HRM Guide careers says in the article titled Students Choose Courses With An Eye To The Future: A recent study by the University of the West of England (UWE) shows that students are increasingly becoming ‘job market savvy’ and picking more university subjects with specific employment prospects. It is a well known fact, that many companies nowadays are interested in computer specialists, lawyers, financial experts, etc. However, there is a matter in which practically any kind of organization might be interested how to manage best its Human Resources.
It is particularly important because it is hard to imagine a company whose activity does not employ Human Resources. As Dr. Kelly M. Kilcrease wrote for The Wall Street Journal, Although it is true that the multitude of theories related to animated business processes are important, all organizations, regardless of industry or discipline, are first and foremost dependent upon their employees. Therefore, it is important that the business managers of today and tomorrow learn how to foster this people first philosophy and make use of employee utilization techniques such as hiring procedures, training programs, communication systems, evaluation procedures, and compensation management. While these techniques are important for all students to learn, mastering them is particularly relevant to the adult student. Thus, Human Resource Management is a rapidly expanding area as an increasing number of organizations are realising that their employees are vital assets to the company.
The Essay on Five challenges of human resource manager
1.2. Finding and Retaining Talent Human resource is an important resource of a company as important as capital. It could be pivotal for a company in enhancing the company’s competitive advantage. This is because the most challenging task of human resource manager is to retain recruit and the right people for a suitable position and having such people in the time they need it. Hiring of appropriate ...
Now that the knowledge and the intellectual potential has taken the place of the manual labor and has become of a prime importance for enterprises, it is obviouse that there is a demand for someone who would manage those resources in a most fruitful way. A Human Resource Manager should not only possess certain skills, but also be a good psycologist for he/she is supposed to reveal the potential of every employee and understand what kind of work an employee would perform best. Creating a comfortable micro-climate in a company is also important and depends much on a Human Resource Manager. Now, it is obvious that the profession of HR manager is an important and a very perspective one. On the other hand, sometimes even if a student does not aim at making a Human Resource Manager career, it will possibly serve him/her good in future work to know how a Human Resource department functions, what can be done for employees and how to protect his/her own rights. This is another good reason for students to choose studying Human Resources.
According to the Career Center at Rutgers University/Camden, while most students choose this major to become Human Resources professionals, others do so to better prepare themselves for careers in the general fields of management. Students are prepared to become generalists in human resources or to specialize in areas such as organization development, training and development, labor relations and psychology, and compensation and benefits. Eventually the graduates get management/supervisory jobs in every aspect of the human resource field such as recruitment and selection, compensation management, succession planning, benefit administration and the like in all aspects of business, industry, and government, – affirms The Northern Alberta Institute of Technology (Canada).
The Essay on The Benefits of Career Path and Career Management in Basil Read for the Employers and the Individual
The benefits of career path and career management in Basil Read for the employers and the individual are the following:- Increment in Salaries and Wages: Employees use them as a benchmark to either negotiate a pay increase or a starting salary with a new employer. An increment usually represents a portion of what the employee earns per year. Increment in Shared-based Payment: Share based payments ...
Studying Human Resource Management equips students to pursue and develop careers in the fast changing world of HRM/HRD. Moreover, many students do not stop after they get a Bachelors Degree and continue their studies. Susan Heathfield is a Human Resources expert, a member of the Society for Human Resource Management (SHRM) and the American Society for Training and Development (ASTD).
Here is what she notes: Increasingly, however, Human Resources professionals have both Bachelor’s degrees and Master’s degrees. Since Human Resources is a highly competitive field, the more education you have, in appropriate subjects, the better your chance for excellent job prospects and a successful career.
According to the U.S. Bureau of Labor Statistics, www.bls.gov, people who have studied this field often work in large corporations as top human resources executives, usually creating or applying personnel programs or policies. Studying Human Resources gives excellent career opportunities. The earnings offered by companies to Human Resource specialists are rather high. This is a relatively new field, therefore earnings vary widely. However, organizations that hire human resources accounting professionals understand how important they are to the success of the organization, and pay accordingly.
It would not be unreasonable to expect earning exceeding $50,000 per year, – affirms the Educational portal http://education-portal.com. The Bureau of Labor Statistics is giving the following figures: $ 94910 of annual mean wage. Thus, studying Human Resources and related disciplines has many advantages, it is a profession that opens to students a great range of career opportunities in nearly every field of business and industry. Bibliography/Reference list: Business Administration HRM, Career Opportunities, NAIT (The Northern Alberta Institute of Technology) http://www.nait.ca/29990.htmHYPERLINK “http://www.nait.ca/29990.htm” HYPERLINK “http://www.nait.ca/29990.htm” http://www.nait.ca/29990.htm Heathfield, Susan M., Do I have to go to college and get a degree to work in Human Resources? About.com http://humanresources.about.com/od/schoolcredentia ls1/f/hr_education.htm Human Resources Accounting: Career Diploma Overview, Education Portal http://education-portal.com/articles/Human_Resourc es_Accounting%3A_Career_Diploma_Overview.html Kilcrease, Kelly M., The Wall Street Journal http://info.wsj.com/college/management/testmana.ht mlHYPERLINK “http://info.wsj.com/college/management/testmana.h tml” http://info.wsj.com/college/management/testmana.ht ml Occupational Employment Statustics, Bureau of Labor Statistics, http://data.bls.gov/oes/datatype.do Students Choose Courses With An Eye To The Future, HRM Guide Careers http://www.hrmguide.co.uk/career/student-choices.h tm Theoretical perspectives for strategic human resource management, BNET http://findarticles.com/p/articles/mi_m4256/is_n2_ v18/ai_12720961 What Can I do With a Major in Human Resource Management? Rutgers Camden http://cc.camden.rutgers.edu/studentsNEWexploring/ MajorBrochuresPDF/HumanResourcesManagement06.pdf.
The Term Paper on Why Do Students Choose Human Resource Management
Why Do Students Choose Human Resource Management Outline: Introduction. Making right decisions at college is important for future career. What is Human Resource: The factors of production. Human capital as a fourth factor of production Human capital becomes more and more important Human Resource Management (HRM): The definition of Human Resource Management The main functions of HRM: Planning the ...
