Making career in HR industry is an ideal dream for many MBA aspirants hence, you are expected to know and understand HR sector. This general awareness will help you in WAT/Essay/GD and PI also.
Read: The HR Industry in India
HR Industry (Human resource) industry in India has become a common need for almost every business that is looking forward for a good growth at the same time improved organization managements. Right from hiring the right candidate for the company till providing the best of the curriculum activates for the employees to grow, there are so many things that an HR actually does.
As per the research conducted, according to social, economic and cultural landscape, it is in unprecedented change due to which the need for a right solution that can lead to growth and professionalization has become quite common. This is the reason why HR industry in India has gained lot of scope.
Know more about HR Services:
It is considered as one of the most precious resource for any organization. Right from recruiting the right person on the board of a company till ensuring that the management works in an organized manner to achieve success of the organization, HR looks into every concern related to the company.
The solution that is offered by the team of HR is worth to take and certainly leads to the growth. There is a dedicated team of experts in HR who are engaged to offer the clients with workforce solutions and thus also acts as a middleman between the client and the employee.
To staff the industry in a proper way has become a necessary for the dynamic business environment. The HR industry thus, ensure that entire gamut of employment solutions are given to the client to satisfy him in all the best possible ways.
Role of HR industry in India:
Looking forward to the increasing demand of HR industry, the following services are performed by the team which includes:
• Recruitment process outsourcing
• Corporate training
• Pay-roll processing
• Organizing the clients meeting
• Representing the team
• Looking forward to increase ether venue of the Company
The HR industry also known as staffing industry is highly noticed in different streams like Information Technology, Finance, Management, Sales, and Engineering. As per the research made, it has been also noted down that now a days, the need for such services has increased in aviation and retail industry as well.
The growth in the economy that is shown by India is highly said to be due to the HR industry that has come into existence. There are so many factors due to which Indian HR industry is driven that includes the client industry growth, entry of multinational companies, large conglomerates in new business domains and many more.
As per the report, it has been noticed down that the Indian HR industry with regards to permanent and temporary recruitment segments has shown tremendous improvement. It has been providing with the best of the opportunities in the market.
So far, this industry in India as grown at a compounded annual growth rate of 21% which is certainly a good thing to notice. HR industry in India is certainly at its peak to get to more success and allow the client to grow. So what do you think, have you decided to move in this career?