Turning to 2021: Why Studying Human Resource Management is the Best Way Forward

HR professionals

2020 was like a punch to the stomach.

The unprecedented loss of revenue, layoffs, furloughs, and salary deductions was all over the headlines. Midway through the year, both small and large companies signed the year 2020 to be a total loss.

However, as we look forward to 2021, businesses have started preparing their strategies to overcome the loss caused by the pandemic.

By all accounts, even HR professionals have started to prep up making sure everything goes according to their plans.

The HR Open Source (HROS)surveyed more than 500 professionals from across 36 different countries to predict the overview of HR in 2021. As a result, the human resource management will become more metric-driven as compared to the previous years. And as technology is on the rise, the HR industry is all set to embrace technology to deliver measurable insights.

Why HRM could be the best career in 2021?

If you’re a kind of a person who loves working with people and ensure they have everything they need to perform their best, then seeking a career in the human resource industry is ideal for you.

Here’s what experts reveal when asked about the future scope of HRM. However, before moving forward, we will first try and define what exactly human resource management means.

The human resource management’s core focus lies in identifying the methods, principles, and technologies used to boost the productivity of the organization. This is achieved by following strategies and policies that acceleratethe efficiency of an employee. Not to mention, the employee is also referred to as the human capital – one of the most important resources in an organization.

Multiple focus areas in human resource management –

Given your interest, you can choose whichever focus areas that best fits you.

  • Compensation and benefits
  • Labor and employee relations
  • Training and learning
  • Organization development
  • Recruiting and staffing

However, these roles may vary from organization to organization. But as a professional, you need to be prepared with HR skills. In these difficult times, workers have started turning to the best HR and talent management certifications to upgrade their skillsets.

Managing talent in an organization is not only the job of the managers but the human resource professionals too. Therefore, all professionals in the HR department irrespective of their functional areas, are called upon to make decisions that include talent management issues.

Basic understanding and knowledge in talent management will help human resource professionals solve such complex issues.

Core job responsibilities of an HR professional

  • Recruiting and onboarding top talent
  • Addressing concerns given by the workers
  • Implementation of a reward system
  • Create an inclusive workplace environment
  • Develop an enjoyable and positive work environment
  • Analyze and evaluate the performance of every employee
  • Solve office conflicts such as bullying and sexual harassment at work
  • Develop a pathway to help employees identify their strengths and weaknesses
  • Maintain an amicable culture in the organization
  • Develop strategies to increase the retention of employees
  • Develop training programs and career development programs

The responsibilities of an HR professional seem interesting. Though it may look exciting, it is challenging. But if you have the zeal of earning an HR career, this may be the perfect time to start over.

Eligibility criteria

It is ideal to have a degree in HRM; however, it is not mandatory. You will find many professionals who have entered the industry without any degree.

Even if you don’t have a degree in HRM, you can still make your way into the HR industry. You can always opt for professional certification programs.

The current HR scenario

Due to the pandemic, the role of an HR is ever-evolving within organizations. Employees have started turning to their managers and HR leaders to seek guidance and help get through the current crisis. Research indicated that nearly 73 percent of the employees depend on their employers for support, especially when a crisis such as a pandemic occurs, according to Cognizant. They expect their employers to be future-ready.

The present-day scenario is a great moment for HR. The pandemic has opened multiple opportunities and responsibilities to offer guidance to the employees. Guidance about the skills and capabilities that can keep them going for the next decade as new HR jobs continue to grow.

To adapt to the change, HR professionals need to develop skills in technology, planning, building strategies, problem-solving, and communication.

Besides these skills, you need to possess social intelligence, know how to collaborate with different types of people, have the knack of using multiple social media channels – this could be videos, podcasts, blogs, and infographics, etc.

Needless to say, change is already underway. Companies are looking for a newer and better year to come in 2021. As newer roles evolve in the HR industry, successful organizations will have a clearer understanding of hiring and recruiting talent.

Organizations must not wait but start preparing for tomorrow’s workforce.

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