Starting Salary of HR freshers in IndiaMarch 7th, 2011 Posted by VFreshers
The HR profession is growing by leaps and bounds as the economy in India grows and multiplies. As more and more companies set foot in India, they continue to need HR professionals of a high caliber in order to meet their needs. Also, there are the questions that arise of the institutions that you have attended as well as the courses and certifications that you have done. If you have got into one of the IIMs and done your MBA specializing in HR from there then the sky is the limit for you in terms of salary. They have their own placement cells.
Besides the base salary, an HR professional is also entitled to a whole lot of bonuses, increments and hiring incentives which add up to quite a bit. The thing for you to keep in mind is that there are several different factors that affect your earning potential. These are the future potential that you have and the marketability along with the degree that you possess and from which institution. HR professionals require a whole lot critical thinking abilities, logical thinking, communication skills and team work. If you are able to display all of these then you will find yourself in the pay scale of !,50,000 to 3,00,000 per annum.
The thing is that in the HR profession there are plenty of jobs and if you are able to showcase to your employer that you are the best fit and will bring great quality to their organization, then they will be willing to negotiate a better deal for you. The thing is that in the HR profession there is quick progression and you can climb the corporate ladder in the fastest possible way. The stepping stone for the job can be at a slightly lower level but once you have put your feet in the door, then the right amount of hard work will certainly get you the right results.
The grades fixed for the freshers salary in HR depends greatly on the skills that are on demand and the company that you work for. The grade can be at the lowest rung of the ladder or at the highest as well depending on several factors. Also, the more experience that you gain the higher will you end up earning.
The three main factors that the HR Fresher salary will depend on are:
- The educational qualifications that you have
- The colleges, institutes and universities that you have attended
- The name of the companies that you have worked for or have interned at will ensure that you will get the best opportunities.
A fresh MBA HR executive from XLRI will get a package ranging from 7 to 10 lakhs per annum. There are a few companies that obviously go on to pay far better than others.
There is also that thing about whether it is a general role in HR or is it a specific role which makes a difference in the salary that one gets.