A degree in human resources is a trending certificate, as the designation is something companies are seeking today. You can also specialize in certain areas when you choose to apply your talents toward a human resources education.
Skills You Need to Succeed
To succeed in the human resources field, employees and applicants must not only be organized, but also know how to keep things confidential. They must also exhibit strong analytical and communication skills. A human resources degree also allows aspiring applicants to show off their talents in such areas as recruitment, the administration of benefits and compensation, and the development of talents in the workplace.
When working towards obtaining a human resources degree, students learn such subjects as strategic recruitment, career development and human resource planning. Other topics may include subjects related to labor relations regulations or compensation management.
If you do decide to apply your skills to getting a human resources degree, then you can work at one of several specialties. For example, people who obtain the degree often work as compensation managers, human resources managers, training managers for corporations, or benefits specialists. If you want to be a part of a company’s evolution, then you will enjoy improving your skills and abilities in the human resources field. The following information details the requirements and expectations of the top four specialty jobs in HR.
Compensation managers design and implement compensation programs for companies. They assess pay increases, benefits plans, and pay structures to make sure that the compensation and benefits a company provides remain competitive in the marketplace. The industries in which they work include insurance corporations, financial investment companies and governmental entities.
The Bureau of Labor Statistics, or BLS, states that the average wage for someone employed in this capacity is about $49 per hour. Wages, of course, differ by education, experience and geographic location. The BLS reports that a compensation manager in Rhode Island, for example, makes about $64 per hour, while one who is living in Minnesota generally averages $56 per hour.
Human Resources Manager
If you work toward getting a human resources degree, you can also find ample opportunities as a human resources manager. Human resources managers develop recruitment policies, compensation, and benefit plans for employees.
They are also involved in labor relations and similar employee services. The role of the human resources manager also extends to maintaining records, procedures, policies and reports and making sure they comply with regulatory and legal requirements.
The projected job growth for this position is about 13%. Human resources managers will find the greatest opportunities in health care, especially in senior living facilities and in the mental health care field. If you are seeking a human resources degree, this is a job you will want to keep in mind.
Training managers in the human resources evaluate a company’s employee training program. They not only need to be detailed and possess administrative skills, but they also need to be creative. That is because they are responsible for planning and implementing individualized training programs. The training manager develops instructional procedures, learning material, and methods, and encourages job competency and the development of skills through customized and integrative programs.
Many training managers are employed in the areas of education, insurance, finance and healthcare. The projected job growth in the areas of consulting, education, construction and health care will give people in this job role a broad selection of opportunities from which to choose.
A benefits specialist works in the areas of insurance, finance, the government or health care. He or she manages activities related to employee benefit plans, including terminations, status changes and enrollments. Specialists who oversee benefits plans manage employee benefits procedures and policies for both major and small-sized companies.
The Bureau of Labor Statistics estimates projected job growth in this area of over 45%, especially in the sectors of home health care services, employment services, physical therapy and medical facilities that provide services to disabled and elderly people. Typically, people who obtain a degree in HR in this area earn about $30 per hour.
As you can see, you have several key positions on which you can set your sights if you earn a degree in human resources. Take some time to look at the roles and responsibilities, and make sure you choose the position that is right for you.