Postgraduate Diploma in Human Resource Management - Careers, Salary, Jobs, Scope

Postgraduate Diploma in Human Resource Management: Brief Summary

Why Post Graduate Diploma in Human Resource Management (PGDHRM)?

Human Resource (HR) department is one of the most crucial departments of any company. Their job involves Recruitment, Training, Development, Appraisals, Rewards and Incentives, Resolving Conflicts (Lockouts and Strikes), Maintaining Work Culture, Employee Relations, Legal Affairs, Organization and Orientation, and Management.

The students learn tactics and techniques of handling people. They are made to understand the role and importance of HR management in organisations. The implication of human resource management on behavioural aspects of employees is taught to the students during the period of 2 years.

Entities of HR function like recruitment, selection, training, development, performance evaluation, compensation and staffing are inculcated within the students through subjective learning processes. They learn to apply the techniques & principles of HRM in real life and also to demonstrate HR specific caliber in decision making at the workplace.

The average fees range for PGDM in HR lies between Rs 50,000 to 8 Lakhs. The top 5 colleges offering PGDM-HR are listed below-

• Indian Institute of Management, Ahmedabad
• Management Development Institute (MDI)
• Xavier Labour Relations Institute (XLRI), Jamshedpur
• Narsee Monjee Institute of Management Studies (NMIMS)
• International Management Institute (IMI)

Post-graduates in Human Resource are required in almost every industry, while the maximum requirement being in Academia, BFSI- Banking Finance Services and Insurance, Healthcare and IT & Telecom.

Nature of Job

The jobs of HR Managers are highly reputed and they work indoors mostly. The recruitment drives can be considered as the outdoor jobs in which the managers travel to various institutes across the country to hire talented students and skilled labours to enhance their company’s productivity.

The personnel in this profession work for 40-48 hours a week. They are provided flexibility in their work and they are offered a great number of leaves as compared to other employees since the nature of their work is very liberal.

Jobs and Careers Opportunities for PGDHM

Students with PGDM in HR are offered following popular jobs-

• HR Generalist
• Staffing Manager
• Employee Relations Manager
• Training and Development Manager
• Compensation Manager
• Organization Consulting
• Chief Recruitment Executive
• HR Analytics
• Administration Officers
• Associate Vice President Legal (Labor and Employment Laws)

Below is a detailed description of some of the top job roles-

HR Generalist

Day to day tasks of an HR Manager is to implement a variety of human resource programs including assistance in functions such as staffing, compensation and benefits, training and development.

The HR generalist mostly stays inside the office during work hours. While he/she would also be required to play the role of Liaison, where he/she would require to visit/receive representatives from other companies.

Almost every industry has a requirement for HR Generalist, some popular ones being IT Industry, Medical Industry, Travel and Transport Industry and Manufacturing Industry.

Graduates in any discipline with MBA/PGDM as Post-Graduation with excellent skills of managing people and minimum experience of 2-4 years can reach up-to this position.

An HR generalist with 2 years of experience is offered an average salary of Rs 6.13 Lakhs per annum. The growth rate of the average salary is over 11% annually for the mid-experienced person while 36% and 54% for late-career and experienced HRs respectively.

Staffing Manager

Staffing Managers are those HR professionals who responsible for recruitment, scheduling, training, retaining and firing employs. Day to day duties includes maintaining records of hired employees, negotiating salaries, granting leaves etc.

Their duty is equally indoor and outdoor. They have to visit institutes for hiring skilled and talented graduates and later training and placing them at posts of their caliber.

Graduates in any discipline with MBA/PGDM as Post-Graduation with skills of finding deserving candidates and a minimum experience of 0-2 years are preferred.

The average salary of a Staffing Manager in India is Rs 7.08 Lakhs per annum. Experienced Staffing managers’ average salary growth rate is over 115%.

Employee Relations Manager

ER Manager plays the roles of disturbance handler, negotiator and complies with laws. ER manager has a close link with the employees.

The day to day responsibilities includes acting as Union representative, Creating Benefit Schemes for employees, Appraisals, and Awards, abiding Governments Laws of work. The duty is generally inside the office.

Graduates in any discipline with MBA/PGDM as Post-Graduation with excellent skills of understanding and influencing people and minimum experience of 2 years can reach up-to these positions.

Their average salary in India is Rs 6.74 Lakhs and for a person with 5 years of graduation, the growth rate in the salary is 45% annually.

Training and Development Manager

The Training and Development Manager plays a crucial role in keeping the company ahead. Following the trends and educating the employees accordingly is the regular responsibility of a T&D Manager.

T&D Managers have to host training and development sessions and lectures for the employees and freshers.

Graduates in any discipline with MBA/PGDM as Post-Graduation with excellent skills of managing people, and minimum experience of 0-2 years can achieve this positions. The average salary is Rs 8.26 Lakhs annually growth rate is annually 31% for T&D Managers with an experience of 5-9 years.

Compensation Manager

The Compensation Manager is responsible for researching, analyzing, establishing and maintaining the pay system in a company. The Compensation manager studies the recent and upcoming market trends and thereby makes a decision that is beneficial for the company.

He/she is often assisted by the staffing manager. The pay-grades of the employees, incentives, rewards and increment in the wages are maintained and established by the Compensation Manager.

Graduates in any discipline with MBA/PGDM as Post-Graduation with analytic skills and decision-making capacities with minimum experience of 4 years can reach up-to these positions.

The average salary of a Compensation Manager in India is around Rs 12.5 Lakhs annually. The growth rate for a 5-9 years experienced manager is 43%.

Postgraduate Diploma in Management Human Resource Management: Salary

The median salary of PGDHR Managers in India is Rs 6.19 Lakhs. The salary at entry level (0-5 years) is around Rs 4 Lakhs. This salary hikes to Rs 7.20 Lakhs at mid-career (5-10 years) and increases by 36% and 54% with experience from 10-20 years and greater than 20 years respectively.

TCS, Wipro, Apollo Hospitals, Tata Motors, etc. are some of the companies where PGDHR graduates are being demanded and are being offered salaries above the national average.

Recruiters

HR Managers are recruited mostly by following companies-

• ABC Consultant
• Accord India
• Anzy Careers
• Cornerstone International Group
• Egon Zehnder
• Executive Access
• Heidrick & Struggles
• IKYA Group
• Korn Ferry
• RGF Executive Search

Specializations Offered

People Post Graduated in PGDM-HR can specialize in the following fields-

• Retention
• Motivation
• Labor Relations
• Labor Legislation
• Industrial Relations
• Training and Development
• Recruitment and Selection
• Labor Welfare and Social Security
• Compensations and Benefits

Postgraduate Diploma in Management Human Resource Management: Syllabus

The syllabus that the students cover in 2 years of PGDM is as follows-

Popular Colleges Offering PGDM-HR

Below is a list of top college in India offering Postgraduate Diploma in Management Human Resource Management course along with relevant details-

Other popular colleges-

• University Business School, Panjab University
• Indian Institute of Social Welfare and Business Management, Kolkata
• Institute of Management Technology (IMT), Ghaziabad
• Symbiosis Institute of Business Management, Pune
• Amity Business School
• MICA, Ahmedabad
• Madras Christian College, Chennai
• New Delhi Institute of Management, Delhi

Requirements for PGDMHR

• Bachelor’s degree (10+3+3/10+2+4/10+2+3) from a recognized university in any discipline with Institute wise varying criteria of minimum percentage in graduation.
• Valid score in CAT, XAT, MAT, GMAT, CMAT or any University or Institute level exam.

Scope after Postgraduate Diploma in Management Human Resource Management

The scope for PGDM in HR runs in parallel with the growth of other industries. Every industry is at its peak growth rate in India since she’s a developing country, with maximum resources in the form of Humans. Managing these human resources is the main work of an HR Manager, so growth in this sector is certain.

Also, that the average salary of a PGDM in HR is Rs 6.18 Lakhs with an average growth rate of 34% irrespective of experience.