MBA in Human Resource is one of the most demanding degrees since every field needs skilled Human Resource professionals that are offered excellent salary packages to manage the work force within an organization.
Human Resource Management
Companies in the current global work environment focus on lowering employee turnover, retaining talented professionals and knowledgeable workforce. Newly hired workforce entails high cost and increases the risk of inadequate replacement of the previous employee. Employees are considered by the HR department as the most valuable contributors towards growth and sustenance of a company. HR department specialize in recruiting, training, developing and maintaining employee. HR department offer benefits to appeal existing workers and strive to reduce the risk of losing psychological ownership and employee commitment. Human Resource Management (HRM) describes the system within an organization devised for the management of human resources.
HR department focuses on policies and systems, employee recruitment, managing pay systems, overseeing employee benefits, performance appraisal and reward management, training and development. Human resource management is responsible in the major areas of staffing, defining or designing work, employee benefits and compensation. The five core activities of Human resource include staffing, employee safety and health, development, compensation and labour relations. The purpose of HRM is to essentially maximize the productivity of an organization by optimizing employee efficiency. Human Resource Management is the practice to achieve better performance and management of employees. Employees are hired into a business to fit the company culture, be more productive and stay longer.
Roles and Responsibilities
Human resource management is primarily responsible for employee management within the organizations. The strategic approach of Human resource management is effective in a company or organization to gain a competitive business advantage by maximizing employee performance. HR professionals are concerned with organizational change and industrial relations, management of human capital in an organization, implementation of policies and processes. Managing employee relation and benefits that includes parental leave programs, developing compensation structures and discounts for employees. Training and development of HR professionals is done through training programs, performance evaluations and reward programs. Employee relation deals with employees concern during an event of policy disregard and cases involving discrimination or harassment. The overall purpose of human resources (HR) is to ensure that the organization is able to achieve success by balancing organizational practices with requirements arising from collective bargaining and governmental laws.
The core role and responsibility of an HR professional is to develop the company’s culture and manage employee welfare, hire and retain best of the talents. The responsibilities of human resource department can be subdivided into three areas of organizational, individual and career. Individual management targets on helping identify employee strengths and weaknesses; improve contribution towards enterprise by correcting shortcomings by performance reviews, training and testing. Organizational development focuses on maximizing human resource and business strategies to fostering a successful system. This duty is carried out by creation and maintenance of program which allows organizational evolution in response to internal and external influences. The responsibility of career development and management entails matching suitable jobs and career paths to individuals within the organization.
MBA In Human Resource Management (MBA HRM)
Two-year degree program of MBA in Human resource management focuses on recruitment, management and guiding employees in an organization. MBA in Human Resource programme imparts knowledge and training to understand the unique set of ideals, values, visions, mission, norms, systems and methodology in an organisation. A program of MBA in HRM offers imparting knowledge, skills and training to manage the workforce of the organization. MBA in HRM is the most demanding degree as every organisation needs skilled Human Resources professionals to develop and manage the work force.
Number of jobs with excellent salary package in directorial and senior-level management position is available in this profession. MBA in HRM is equipped to offer all the key skills, concepts and knowledge required to manage human resources and lead a successful company. MBA course informs on recruiting, training and team building; updating performance; employee policy and staff amenities; salary, benefits and increments; employee health and safety. Career progression after completing an MBA program entails position of CEO (chief executive officer), Chief People Officer, Chief Human Resource Officer, Human Resource Partner, Human Resource Manager and Human Resource Consultant.
MBA At Rushford Business School
Formal qualification in Business and Human Resource Management program is best suited for career growth and work efficiency to meet the demands of constantly evolving workforce within an organization. The Rushford MBA in Human Resource Management is relevant to various sectors in the industry, government and non-governmental organizations. The knowledge and skills imparted is designed to suit professionals and new graduates to join Human Resource Management. The Rushford MBA program provides an opportunity to enhance knowledge and skills, acquire tools and techniques needed for Human Resource Management.
The MBA program from a reputed European Business School provides aspirants with confidence and formal qualification in Human Resource Management to be applied at workplace in real-time. The curriculum of this program recognizes critical components of hands-on experience, leadership skills and knowledge in Human Resource Management. This program in Human Resource Management provides instant value creation suitable for senior and executive management professionals to upgrade knowledge and skills. Managers at all levels need to operate teams in the most effective fashion; follow best company practices, procedures and policies related to Human Resource Management.