Greetings!!!
PFA Doc to know about the current trend of HR as an Career option.
In Jist to tell you about the document , a mere 1.08 per cent are opting for HR as their career CHOICE from B- Schools!!!!!
Is HR losing its charm?what could be the reason for its lagging behind comapred to Mraketing ,Finance & International Business( am sure some ppl wud not accept its lagging behind,but let us face the reality) If you notice something, majority of the HR professionals have not reached to the Top ladder like CEO of companies but defiently from other back grounds they did...lets ask our selves few questions like..
Does HR professionals really need MBA?,How is the market outside india? is it the same?what could be the reasons for youngsters not opting & taking up this stream?where are we going wrong & what could be the corrective measures....what can we do?Can we change the scenario of HR?( ppl think that HR is Cool Job no amount of pressure)
Anticipating real serious discussion on this topic from across all the Cite HR freinds...
Note: Its an general discussion,not inviting any offence on this topic
Food for thought.....Think Think!!!!
From India, Hyderabad
1PFA Doc to know about the current trend of HR as an Career option.
In Jist to tell you about the document , a mere 1.08 per cent are opting for HR as their career CHOICE from B- Schools!!!!!
Is HR losing its charm?what could be the reason for its lagging behind comapred to Mraketing ,Finance & International Business( am sure some ppl wud not accept its lagging behind,but let us face the reality) If you notice something, majority of the HR professionals have not reached to the Top ladder like CEO of companies but defiently from other back grounds they did...lets ask our selves few questions like..
Does HR professionals really need MBA?,How is the market outside india? is it the same?what could be the reasons for youngsters not opting & taking up this stream?where are we going wrong & what could be the corrective measures....what can we do?Can we change the scenario of HR?( ppl think that HR is Cool Job no amount of pressure)
Anticipating real serious discussion on this topic from across all the Cite HR freinds...
Note: Its an general discussion,not inviting any offence on this topic
Food for thought.....Think Think!!!!
From India, Hyderabad
Hi Padmini,
Thanks for the input.
Hoewever,personally i do not think that HR is losing its value.Any organization- "Manufacturing" or "Services Sector" need HR professionals.
Frankly speaking,a company would not flourish without HR.
Try asking yourself these questions:
1)Who will frame the policies of the organization?
2)Who will take care of the organizations "Statutory Compliances"?
3)Who will train the employees?
4)Who will take care to arrest the retention in the organization?
If you can start thinking,there will be numerous instances where you can find that an organization is nothing without the HR function.
Money should never be the first thing on a HR professionals mind.No doubt,HR function gets you less money but as you flourish with knowledge,the opportunities also grow.
Moreover,one should always try to concentrate on improving the core skills and try learning more.For example: Try learning more about ERP like SAP or Peoplesoft or attend programs and training on six Sigma.
By evaluating and honing the skill sets from time to time,a HR professional would always be a winner.:)
Thanks for the input.
Hoewever,personally i do not think that HR is losing its value.Any organization- "Manufacturing" or "Services Sector" need HR professionals.
Frankly speaking,a company would not flourish without HR.
Try asking yourself these questions:
1)Who will frame the policies of the organization?
2)Who will take care of the organizations "Statutory Compliances"?
3)Who will train the employees?
4)Who will take care to arrest the retention in the organization?
If you can start thinking,there will be numerous instances where you can find that an organization is nothing without the HR function.
Money should never be the first thing on a HR professionals mind.No doubt,HR function gets you less money but as you flourish with knowledge,the opportunities also grow.
Moreover,one should always try to concentrate on improving the core skills and try learning more.For example: Try learning more about ERP like SAP or Peoplesoft or attend programs and training on six Sigma.
By evaluating and honing the skill sets from time to time,a HR professional would always be a winner.:)
Hey Ravi,
Thanks for the post...idea behind my post is to gather the market scenario ,personally i also feel HR has demand....but statistcs have their own say...hence this post!!! Anyways lets see what other have to say...Thank You!
From India, Hyderabad
Thanks for the post...idea behind my post is to gather the market scenario ,personally i also feel HR has demand....but statistcs have their own say...hence this post!!! Anyways lets see what other have to say...Thank You!
From India, Hyderabad
Hello Padmini.P,
Please don't go by the statistics of business standard because statistics do not represent every thing. You also must have statistics of background of these IIM and other B-school who opt for Marketing or Finance graduation, they are either son or daughters of family owned business background people who are more interested in enterprenuership.
Service oriented people are less than 10 percent. HR is not preference to the family owned business background people. Even if there are exceptions their interest is for venturing into market with commercial and marketing skills to promote an independent business enterprise. They do not spend time and money and then waiting for sufficient experience to become eligible for competitive salary doing B-school graduation. This is neither economically viaable not profitable proposition to business minded people theories.
There is no point in doing something repeatedly which does not yeild ROI revenue within year or two is tendancies of businessman.
Regards
Sawant
From Saudi Arabia
Please don't go by the statistics of business standard because statistics do not represent every thing. You also must have statistics of background of these IIM and other B-school who opt for Marketing or Finance graduation, they are either son or daughters of family owned business background people who are more interested in enterprenuership.
Service oriented people are less than 10 percent. HR is not preference to the family owned business background people. Even if there are exceptions their interest is for venturing into market with commercial and marketing skills to promote an independent business enterprise. They do not spend time and money and then waiting for sufficient experience to become eligible for competitive salary doing B-school graduation. This is neither economically viaable not profitable proposition to business minded people theories.
There is no point in doing something repeatedly which does not yeild ROI revenue within year or two is tendancies of businessman.
Regards
Sawant
From Saudi Arabia
Hi Padmini,
It was really a nice post and this is a fact which we have to agree with. Its all about stats. The demand for quality HR professionals are high in the industry but the outputs from B Schools are decreassing day by day. I have been visiting B Schools for guest lectures and also been part of their Admission interview panel ( IMT Ghaziabad also...) and i cleary see the aspirants going for Marketing , Finance or Internationl Business as their 1st option. The reasons i could figure out with interactions at such platforms have been that these days MBA aspirants have high ambition and they want to grow the success ladder pretty fast and according to them the steapness of the success ladder is less in HR. Compesation is 2nd factor for HR aspirants. 3rd factor is abroad career options ( very less as compared to other fields )The other factor is as pointed out HR professionals becoming CEO's or MD's of the company......very few....hardly any...
These are just my observations and no intention to hurt anyone's feelings.....as i am also a HR professional and i love this profession.....
Thanks,
Pawan
From India, Hyderabad
It was really a nice post and this is a fact which we have to agree with. Its all about stats. The demand for quality HR professionals are high in the industry but the outputs from B Schools are decreassing day by day. I have been visiting B Schools for guest lectures and also been part of their Admission interview panel ( IMT Ghaziabad also...) and i cleary see the aspirants going for Marketing , Finance or Internationl Business as their 1st option. The reasons i could figure out with interactions at such platforms have been that these days MBA aspirants have high ambition and they want to grow the success ladder pretty fast and according to them the steapness of the success ladder is less in HR. Compesation is 2nd factor for HR aspirants. 3rd factor is abroad career options ( very less as compared to other fields )The other factor is as pointed out HR professionals becoming CEO's or MD's of the company......very few....hardly any...
These are just my observations and no intention to hurt anyone's feelings.....as i am also a HR professional and i love this profession.....
Thanks,
Pawan
From India, Hyderabad
Hi Padmini,
Thanks for the article. I am sure alike you and me, more HR professionals have a same question.
A decade back HR was a Personnel management and a IR function, who use to deal with all the matters relating to procuring and maintenance of personnel. Traditionally Wage/Salary administration, Recruitment, record maintenance, employee welfare etc. Gradually the than called Personnel management has bloom into various functions like HRD, Organization Development, Training & Development, Recruitment, Employee Relations, Talent Acquisition and so on. Most of the companies still club all the functions in one single arena of HRD.
Manufacturing is no more only industry, but today every vertical (to name few Hospitality, IT, Construction, Education institutes) has its own set of HR function and demands a HR personnel too. Though HR have undergone a change in a recent time ; the function 99% (I believe) still demands the monotonous set of responsibilities, it is still a cost center since it does not earn; it does not charge the other departments for its services. Indian Industries are yet not ready to invest in HRD and see it as a support function and a cost centre since the ROI is not seen in terms of money. More of HR is a thank less job, demanding to handle humans in bulk.
I have only heard of many foreign companies who understand and appreciate the value of HR function as a Business partner and are ready to invest 12% of his profits in HR function. Here HRD is seen as a function of creating an environment of learning and translating the learning into performance, career & personality enhancement (few companies like Mercedes, GE). Nutshell Indian HR function is still to pass through many phases of its life cycle and is still in infant stage.
We see commonly HR people paid less compared to the IT graduates/post graduates and it still continues. No wonder today’s graduates are more alert before choosing HR as a career due to various reasons mentioned by the other colleagues in this discussion. Today they are more easily access able to the information than few years back.
I don’t think it’s a matter of changing the scenario in HR, its foremost the matter of time. HR in itself is a huge field and needs to be understood at first place. I firmly believe there is lots of talent in the market which needs to be assembled at one place for a good distribution.
Will put my more thoughts after a while.
Cheers
Neelam
From India, Bangalore
Thanks for the article. I am sure alike you and me, more HR professionals have a same question.
A decade back HR was a Personnel management and a IR function, who use to deal with all the matters relating to procuring and maintenance of personnel. Traditionally Wage/Salary administration, Recruitment, record maintenance, employee welfare etc. Gradually the than called Personnel management has bloom into various functions like HRD, Organization Development, Training & Development, Recruitment, Employee Relations, Talent Acquisition and so on. Most of the companies still club all the functions in one single arena of HRD.
Manufacturing is no more only industry, but today every vertical (to name few Hospitality, IT, Construction, Education institutes) has its own set of HR function and demands a HR personnel too. Though HR have undergone a change in a recent time ; the function 99% (I believe) still demands the monotonous set of responsibilities, it is still a cost center since it does not earn; it does not charge the other departments for its services. Indian Industries are yet not ready to invest in HRD and see it as a support function and a cost centre since the ROI is not seen in terms of money. More of HR is a thank less job, demanding to handle humans in bulk.
I have only heard of many foreign companies who understand and appreciate the value of HR function as a Business partner and are ready to invest 12% of his profits in HR function. Here HRD is seen as a function of creating an environment of learning and translating the learning into performance, career & personality enhancement (few companies like Mercedes, GE). Nutshell Indian HR function is still to pass through many phases of its life cycle and is still in infant stage.
We see commonly HR people paid less compared to the IT graduates/post graduates and it still continues. No wonder today’s graduates are more alert before choosing HR as a career due to various reasons mentioned by the other colleagues in this discussion. Today they are more easily access able to the information than few years back.
I don’t think it’s a matter of changing the scenario in HR, its foremost the matter of time. HR in itself is a huge field and needs to be understood at first place. I firmly believe there is lots of talent in the market which needs to be assembled at one place for a good distribution.
Will put my more thoughts after a while.
Cheers
Neelam
From India, Bangalore
Hi
HR may be paying well in modern organizations, however if you look at the amount that an experienced Finance or Mkt person gets, an HR person probably gets quite less (comparatively).
Besides, I have not not hear of an HR person becoming a CEO or MD of an organization over a career span...and most CEOs or MDs were either Finance, or Mkt or Technical people at the start of their career.
Besides, i personally think that while Mkt gives great scope for onsite opportunities, while HR does not give that much.
Probably these are the reasons why B-school people are not joining HR. However, as your document shows, most companies do recruit HR people from Xavier's or from TISS.
Regards
Soma
From India, Hyderabad
HR may be paying well in modern organizations, however if you look at the amount that an experienced Finance or Mkt person gets, an HR person probably gets quite less (comparatively).
Besides, I have not not hear of an HR person becoming a CEO or MD of an organization over a career span...and most CEOs or MDs were either Finance, or Mkt or Technical people at the start of their career.
Besides, i personally think that while Mkt gives great scope for onsite opportunities, while HR does not give that much.
Probably these are the reasons why B-school people are not joining HR. However, as your document shows, most companies do recruit HR people from Xavier's or from TISS.
Regards
Soma
From India, Hyderabad
In my view, too much important should not be given to what youngsters choose as a career as at that age, they tend to be money centric and choose to go wherever they feel the best commercial prospects are. It is only after functioning that one gets to know one's real working identity and there are several people in the US itself who are disatisfied with their work -http://mypyp.wordpress.com/. Even if you read the training and Development magazine, the employee disengagement percentages are always high which indicates a tremendous scope for HR.
In the last few years, becasue of fierce competition, the onus is on Talent management which is what HR is all about anyway. If one reads the Talent management books by Americans, it clearly reveals that without the right Talent, it is impossible to peform in the long run which calls for exceptional HR-strategically and operationally. There is actually plenty of scope and the HR name should be changed to Talent management to give a more precise picture.
From India, New Delhi
In the last few years, becasue of fierce competition, the onus is on Talent management which is what HR is all about anyway. If one reads the Talent management books by Americans, it clearly reveals that without the right Talent, it is impossible to peform in the long run which calls for exceptional HR-strategically and operationally. There is actually plenty of scope and the HR name should be changed to Talent management to give a more precise picture.
From India, New Delhi
In my view, the secret behind every successful business is not only managing money and doing marketing. It also depends upon how efficiently they are working for the task, in many organizations they are performing with stress and strain to achieve targets, if they work without these struggles they will get more success, if we don't put target indirectly it causes slow down the profits of the organization. So we need targets but not stress, these all things possible with right HR person, HR means not only Recruiting, Pay Roll, Selection, Industrial Relations etc., it is a all over function. HR is none other than All Rounder. I hope people will realize it soon, we will see more HR CEO'S, and Board of Directors. They will play key rolls in organization. Money is also a part in job but not a motivator in all times, I believe HR will earn more than Financiers and Marketers.
This is entirely my opinion, not by survey or any. Please excuse if it is wrong, its just my strong belief
From India, Mumbai
This is entirely my opinion, not by survey or any. Please excuse if it is wrong, its just my strong belief
From India, Mumbai
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