Are you ready for a role in leadership and management? By earning your online Master’s degree in Human Resources, you will be ready. The core success of a business rests on the abilities and efficiency of it’s employees. As a Human Resources Manager, you will be qualified to fulfill your responsibilities without question. Perhaps at this point in your career, you have been in the Human Resources field for quite some time. You know the ins and outs of the everyday duties of the Human Resources Clerk, however, are you wondering what the responsibilities of a Human Resources Manager may entail?
First and foremost, one of the most important parts of management is to develop policies and plans to evaluate and hire the best, educated and efficient person for the job. Once positions are filled, you will be responsible for retaining employees and providing excellent compensation and benefit packages. Happy employees ensure a happy work environment.
By earning your online Master’s degree in Human Resources, you will be qualified to develop and conduct training programs and orientations for new employees. They also oversee the implementation of health insurance benefit plans, as well as, retirement plans. You will be expected to work closely with insurance companies to ensure the best possible rates to provide affordability to the employee, as well as, to the employer. Occasionally, Human Resources Managers are called to deal with employee disputes and to act as a mediator. You must be familiar with all laws concerning discrimination and ethics, in addition to, labor and payroll taxation laws and regulations.
Within your online master’s program, depending on the degree you are pursuing, you may be asked to choose an area of specialization. The topic of Project Management is designed for those who are interested in leadership and communication relating to long or short-term projects. The Management specialization is excellent for people whose aim is to manage a Human Resources department, bridging the gap between employee and executives and being an employee advocate. The Labor and Collective Bargaining topic of specialization focuses on compensation negotiations, as well as, employment, labor and ethics laws. The area of specialization concerning continuing education for employees, Training and Development, is an important part of an industries’ success. There are plenty of areas of specialization to choose from.
Potential salary for a Human Resources Manager with a Master’s degree can be between the range of $104,440 to upwards of $173,000 annually, depending on experience, location and size of corporation. With a potential job growth rate of 13% between now and 2024, management positions are readily available and in demand.
As you can see, the area of Human Resources Management can offer you a variety of different opportunities. Based on your own interest and earning your online Master’s degree in Human Resources, you will land your dream job, no doubt. If you are interested in a career in the field of Human Resources, you should check out our list of the Best Online Schools for Master’s in Human Resources degrees to help you along your educational journey. Good luck!