Human Resource Management is one of the most sought-after and pursued subjects across several institutions offering career courses. Unlike the yesteryears, when there used to be a limited number of specializations in this field, these days you will come across many such ‘specialty’ programs that are not just unique but have generated considerable employment options for the qualified. 

In this write-up, the following topics have been dealt with in this order.

• Types of flourishing HR specialties jobs
• Pursuing curriculum with financial aid (Student loans)
• Defaulting on the student loan

Types of flourishing HR specialties

Ideally, a human resource job profile can include recruitment, imparting training, deciding upon compensation, or just one HR specialty. The last one holds true especially if the company or the organization is small and can hire just one human resource manager. 

On the other hand, in the larger organizations, HR duties are segregated into different areas, namely, training and development, recruitment and retention, labor relations, placement, and compensation. 

However, these days, the job profiles have changed and few of the specialty roles that HR professionals are entrusted with include the following:

1. Benefit and compensation personnel

Their roles include administration, implementation, and development of a company’s life insurance policies, pensions, bonuses, and also medical packages of employees. In order to take on this role, you will have to be a qualified Bachelor’s degree holder in HR management.

2. Recruitment, employment, and placement specialists

Also referred to as ‘recruiters’, their role includes hiring and placing workers. They visit college campuses and education fairs to hire individuals that are eligible for their job profile. You must have a Bachelor’s degree in business management and psychology.

3. Development and training experts

These individuals are responsible for conducting, supervising, and developing training programs for employees of organizations. They usually take care of issues related to improving job skills, on-job training programs, conducting orientation sessions, and so on. A Bachelor’s degree in business management or administration is a requisite. Also, you need to have an experience of at least 5 years for taking on this role. 

4. HRIS or Human Resource information system

You must have a Bachelor’s of Arts or BS degree in information systems or allied field to perform well in this role. As HRIS personnel, your role will include communicating, implementing changes in the HR systems. The salary is good and usually gets better with more experience in this field. 

5. Employee assistance plan personnel

They are also referred to as employees’ welfare managers; they look into work and family programs of workers. Their main role is to ensure employee safety and wellness and bring about an all rounded well being in terms of balancing work and family life. 

The 5 specialty HR roles of individuals are unique and demand a lot of dedication, time, and effort. 

Pursuing curriculum with financial aid (Student loans)

There are many colleges and universities that offer human resource management courses and curricula. And if you find that your existing financial condition may not be adequate to pursue a career in the above fields, you can always opt for students loans. These loans are easy to get and there are a set of formalities that you need to carry out. 

Defaulting on the student loan and student loan forgiveness

Most importantly, even if you fall behind on this loan for a while, the disbursing financial institution might forgive the debt. You can also opt for so-called student loan forgiveness programs that have helped many students from falling into a vicious cycle of debt. Prior to taking the plunge, you must weigh the pros and cons of the same and decide how feasible it is to go ahead with the student loan forgiveness program.