<p>The name of the college can affect the pay packet as companies are preferring premier B-schools while hiring for human resource domain and are ready to offer a salary that is twice than what is given to any normal business school graduate, says a survey.<br /><br /></p>.<p>According to a survey by executive search firm MANCER Consulting, a candidate with 2-5 years of experience from a premier B-school gets a salary of Rs 10-12 lakh per annum for the post of Business Partner, while for the same post, a candidate from a normal B-school with similar years of experience gets Rs 4-7.5 lakh per annum.<br /><br />For experienced hires also, the salary discrepancy is huge as a candidate with over 11 years of service in the HR role gets a pay package of Rs 45 lakh per annum, while an applicant with similar credentials from a tier II business school would get only Rs 22 lakh per annum, the survey said.<br /><br />"Last few years have shown salary fluctuations across the human resource profession in specialised functions in different industries. Industries are getting more focused on B-School hiring for specialised roles," MANCER Consulting CEO Satya D Sinha said.<br /><br />According to the survey, market is getting tough for graduates who qualify from Tier 2 and Tier 3 B-Schools to enter into HR Specialists role at the starting of their career as MNCs and large multinational players are getting more inclined towards HR professionals from top tier B-schools for their major HR functions.<br /><br />From a mere administrative role, the duties of Human Resource professionals have evolved to an internal consultant, it said.<br /><br />Depending on the size of a company, the responsibilities of Human Resource professionals now includes business partner, recruitment, hiring, learning and development, employee benefits and compensation as major roles.<br /><br />With a brighter economic picture, companies are seeking more HR specialists to help integrate new employees. Accordingly, the qualifications needed for a job in the HR domain have witnessed a sea change.<br /><br />Previously, a masters degree with background in psychology or organisational design and management was enough to land one in a job in HR domain. Now-a-days organisations prefer to hire candidates with an MBA degree to manage HR processes and that too from premier B-schools, the survey added.</p>
<p>The name of the college can affect the pay packet as companies are preferring premier B-schools while hiring for human resource domain and are ready to offer a salary that is twice than what is given to any normal business school graduate, says a survey.<br /><br /></p>.<p>According to a survey by executive search firm MANCER Consulting, a candidate with 2-5 years of experience from a premier B-school gets a salary of Rs 10-12 lakh per annum for the post of Business Partner, while for the same post, a candidate from a normal B-school with similar years of experience gets Rs 4-7.5 lakh per annum.<br /><br />For experienced hires also, the salary discrepancy is huge as a candidate with over 11 years of service in the HR role gets a pay package of Rs 45 lakh per annum, while an applicant with similar credentials from a tier II business school would get only Rs 22 lakh per annum, the survey said.<br /><br />"Last few years have shown salary fluctuations across the human resource profession in specialised functions in different industries. Industries are getting more focused on B-School hiring for specialised roles," MANCER Consulting CEO Satya D Sinha said.<br /><br />According to the survey, market is getting tough for graduates who qualify from Tier 2 and Tier 3 B-Schools to enter into HR Specialists role at the starting of their career as MNCs and large multinational players are getting more inclined towards HR professionals from top tier B-schools for their major HR functions.<br /><br />From a mere administrative role, the duties of Human Resource professionals have evolved to an internal consultant, it said.<br /><br />Depending on the size of a company, the responsibilities of Human Resource professionals now includes business partner, recruitment, hiring, learning and development, employee benefits and compensation as major roles.<br /><br />With a brighter economic picture, companies are seeking more HR specialists to help integrate new employees. Accordingly, the qualifications needed for a job in the HR domain have witnessed a sea change.<br /><br />Previously, a masters degree with background in psychology or organisational design and management was enough to land one in a job in HR domain. Now-a-days organisations prefer to hire candidates with an MBA degree to manage HR processes and that too from premier B-schools, the survey added.</p>