Introduction
Top Highest Paying HR Job in India
Introduction
The human Resource (HR) department is a core business area, responsible for effective functioning and managing the workforce within an organization. In the human resources department, the HR jobs are exciting, fulfilling as well as energetic. The most important functions for the human resource are recruitment, performance appraisals, job analysis, employee welfare, training and development, and workplace safety. HR jobs help to improve the business performance by supporting employees, managing the workforce, effectively planning for organizational HR needs, etc.
As per the latest RnR Market Research report, the global human capital management market is expected to grow from $14.50 billion in 2017 to $22.51 billion by 2022, at a CAGR of 9.2%. The demand of HR would be in high demand and every organization needs human resources professionals as they work as bridges between the company needs and its employee through efficacious communication. Check how is HR world post lockdown.
Top Highest Paying HR Job in India
- Recruitment Manager
- Training and Development Manager
- Compensation and Benefits Manager
- HR Manager
- HR Consultant
- International HR Associate
- Executive Recruiter
- Labor Relation Specialist
- HR Director
- Chief HR Officer / Vice President of Human Resource
Recruitment Manager: The role of a recruitment manager is to hire new employees for the organization. Their primary activities include shortlisting recruitment sources and platforms, Screening qualified candidates, and then finally deciding which candidates to hire. These managers work under the directors or hiring managers and direct communication with hiring managers of different departments to understand the need of the workforce in a particular department.
Recruitment manager also has good interviewing skills and they can identify a potential candidate who is suitable within the corporate culture. The average salary in India for a recruitment manager is around INR 5,00,00 per annum.
Training and Development Manager: The Training and Development Manager is responsible for employee training, education and career development. They organize orientation sessions for new joiners, in-person workshops for existing employees to conduct personal and professional development courses. They also develop materials for all employees around new products or processes.
Training and Development Managers should have good communication skills, as they need to communicate daily to external trainers, agencies as well as experts. Apart from this, they should have good knowledge of company policies and procedures to keep their employees updated. The median salary for experienced people in this position earns around INR 7,00,000 per annum.
Compensation and Benefits Manager: The Compensation and Benefits Manager is responsible for preparing and implementing the compensation and benefits programs for the company employees. They keep the company budget in mind and employees’ demand and then allocate the pay and perks accordingly. Finally, they create a salary structure that attracts new employees and retains the existing employees. The Compensation and Benefits Manager should have a clear understanding of company allowances, insurance, pension, policies, as well as employment and compensation law before working on a salary structure.
The Compensation and Benefits Manager should hold good experience in this field. The median salary for this position in India is around INR 12,75,000 per annum.
HR Manager: Human Resource Manager or HR jobs as a manager works as a link between directors and executive level of corporate management. They are specialized in solving HR-related problems and ensure to deliver the successful project. They also ensure that all rules and procedures are aligned and come under the business laws and company policies. Performance Management, documentation, employee onboarding, policy development, departmental planning are the few responsibilities of HR Managers.
This role requires leadership, time management and communication skills, along with good analytical skills. In India, the average salary of HR managers is INR 7,00,000 per annum, depending upon company to company. You can prepare for this job role with the help of our free and comprehensive HR Management Course.
HR Consultant: The HR jobs as an consultant works with the HR Managers and accompanies executives to solve problems like employment structure, benefits package, devising policies, performance issues and developing improvement plans. They study the current employment and provide recommendations on how to bring change in that to maximize the advantages.
These consultants mostly work on a contract basis. They have many years of experience in an HR role and a wide range of human resource skills. In India, you can make an income of INR 4,00,000 per annum on average, working as a private HR consulting practice. As you take on more projects, these numbers may get higher.
International HR Associate: This HR position holds global responsibility. The International HR associate works on recruitment, employee benefits, compensation, HR policies and so on. The HR associate at the regional level focuses on the local market whereas the International HR associate has knowledge of the job market across the globe. The work responsibility of an International HR associate is large as they need to have current updates of the global job markets and also needs to be familiar with the cultural diversities.
The pay of International HR associates is higher than the local associate colleague. On average, the International HR associate earns INR 4,60,00 per annum.
Executive Recruiter: The responsibility of the Executive Recruiter is to find the right candidate who can be fit for senior executive roles open in the company. This job comes with high responsibility and also executive recruiter needs to put the effort to hire a senior-level professional from their current company to their organization. The recruiter needs to find the appropriate candidate and skill that can run their organization for the long term and matches their organization’s culture.
A hired candidate gets handsome remuneration. The pay scale of an executive recruiter on average is around INR 4,50,000 per annum.
Labor Relation Specialist: The labour relation specialist has good knowledge of labour law, wage data, union news and other political information regarding employment. They form a bridge between labour unions and organizations.
The labour relation specialist has good communication and negotiation skills. On average the labour relation specialist earns around $94,450 per annum.
HR Director: The Human Resource Director take care of all the HR activities in the organization. They hold one of the most senior levels in the company and are responsible for the tasks such as creating companywide policies, promotion, compensation, termination, insurance, retention, etc. They also work to keep their employees motivated to move employees towards organizational goals by framing programs and benefit plans for their employees.
The HR directors have more than a decade of experience in HR fields. They are paid good salaries in most MNC organizations. On average in India, HR directors earn around INR 27,50,000 per annum.
Chief HR Officer / Vice President of Human Resource: The Chief Human Resource Officer (CHRO) or Vice President of Human Resource are in charge of all Human Resource management activity including the policies and goals defined by the organization. They directly report to the CEO and they are part of executive management who is closely involved in the strategic planning of the organization.
The CHRO have strong judgmental and decision-making skills and they have at least one or two decades of experience in corporate HR positions. In India, their average salary is around INR 21,60,000 per annum.
Summing Up
These were the top HR position and their salary based on their positions. The position and salary may change depending upon company to company and location. Each position comes with a lot of experience and knowledge in the HR domain. If you are a job seeker, make sure you have good communication and the right decision-making skills.
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