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Most of the B-Schools (Tier-II primarily),
have been facing tough times in placing
HR specialization students, whereas placement of those having marketing and
finance specialization is relatively easy across B-Schools.
The reason is multi-pronged. Most of the companies look for HR with minimum 1-2 years
of experience. Top-notch companies go to Tier-I B-Schools for HR recruitment. Because
of computerization, e-HRM has taken over most of the HR functions whether it is,
performance evaluation, insurance coverage or
recruitment. This development has substantially reduced
the demand for students with HR specialization. Number of students opting for HR
specialization has substantially reduced. This is mostly true
in the case of girls.
Earlier, HR was considered as a support department and a cost center. But, now, HR
has become a strategic department and plays a
critical role in a company's growth path - whether it
is recruiting talented competent candidates,
training them or providing a better workplace for
them. But, the age-old concept of considering HR departments as a cost center still exists at a
very low-intensity level in the corporate sector. Whenever a company faces any financial
trouble, the HR department is the first victim. Even,
when we talk so much about credibility and role of
HR department, most of the companies are having shortage of manpower in the HR department.
This scenario is very common in SME. The author
has first-hand experience in dealing with HR representatives of companies during
campus placement. The scenario is different for MNC
and large companies.
In the SME sector, companies tending to avoid recruiting MBAs to avoid the cost burden.
Many people without MBA degree also are working in HR department and doing extremely well. HR
is such a function, one get mastery only through experience over the years.
Big time companies prefer to go for campus recruitment to reputed (Tier-I) B- Schools,
like IIMs, XLRI, etc.
The growth of placement consultancy services and specialized HR services companies
have opened up a plethora of opportunities for MBA (HR) specialization students. But again, they
are paying very less like Rs. 5-8 thousand salary
per month. Freshers need to work for at least 2-3
years before they get better opportunities. |
