Human Resource Management (HRM) involves the coherent as well as strategic approach to the management of firms’ human resources – the most prized of all resources. We here are going to discuss more about the salaries a graduate of the Masters in Human Resources degree will get when he join any firm in the public or private sector.

Salaries after M.H.R.M in Government Organizations

All industries, trades or business establishments need HR managers. Professionals who are well trained and highly skilled are needed by these institutions for their growth. It is the responsibility of HR mangers to select appropriate employees as to improve the company’s productivity. The remuneration of professionals of this field will vary a lot. Experienced professionals shall get as much as 10000 to 30000 a month, especially with private firms. Those students who have finished their education from top B- Schools can make around 3 lakhs to five lakhs a year. One factor that determine the remuneration comprise of skill, qualification as well as experience. MBA graduates who have senior level posts shall get Rs 50,000 to 60,000 a month.

Salaries after M.H.R.M in Private Institutions

Experience as well as qualification is things that are most valued in this field. Upon the completion of the graduate class, aspirants generally look for a job where they can get experience and apply whatever is studied. Salary must not be the main criteria here. With good exposure one can climb the ladder of success.

These are a few Job Types:

• HR Generalist
• Employee Relations Manager
• Technical Recruiter
• Staffing Director
• Compensation Manager
• Director of Human Resource Training and Development
• Organizational Development and Change Consultant
• Employment and Placement Manager

Key Statistics for Human Resources (HR) Manager Jobs

Popular Employers and the remuneration they give:

• HSBC: Rs 518,000/- - Rs 1,059,029/-
• International Business Machines (IBM) Corporate: Rs 425,000/- - Rs 999,151/-
• HCL Technologies Limited: Rs 272,000/- - Rs 612,323/-
• Tata Consultancy Services, Limited: Rs 180,000/- - Rs 755,973/-
• XYZ Company: Rs 219,751/- to Rs 720,000/-

Popular Industries and the Salary

• Information Technology (IT) Services – Aspirants of this field shall get Rs 254,802/ to Rs 1,168,366/- a year.
• Manufacturing and Distribution – Aspirants of this field shall get Rs 256,442 - Rs 1,317,074 a year.
• Financial Services – Aspirants of this field shall get Rs 259,338 - Rs 1,265,318 a year.
• Engineering Services – Aspirants of this field shall get Rs 265,336 - Rs 1,192,196 a year.
• Construction – Aspirants of this field shall get Rs 256,891 - Rs 1,235,619 a year.

Remuneration after M.H.R.M Abroad

The remuneration for candidates in the field of human resource management is quite high. As per as the Bureau of Labor Statistics, the career prospects are expected to be high for professionals of human resource management. They can expect a salary of $65000-$85000 per year.