Fun facts about Human Resource Management

What is Human Resources?

Firstly, Human Resource officers are responsible for all things worker related.

The HR department of a company may oversee various aspects the company, for instance:

• Compliance with employment standards, employee and employer laws and legislations
• Recruitment, interviewing, onboarding and offboarding
• Administration, organising of employee files and payroll
• Employee relation activities
• Distributing policies that are fair and consistent for everyone in the workplace
• And more

Secondly, the department is expected to ensure that human resources practices conform to various regulations and company policies.

Human Resources Elements

There are several elements that can be considered foundations of Human Resource Management, for instance:

• Recruitment & selection
• Performance management
• Learning & development
• Succession planning
• Compensation and benefits
• Human Resources Information Systems
• HR data and analytics
• And More

So let’s look at some interesting facts…

Fun facts and myths about Human Resource Management

Facts

• In the 1920s Human Resource Management was referred to as personnel management because it focused on different aspects.
• Demand for recruiting professionals has jumped by 63% since 2016

Myths

•  People in the HR field only deal with hiring employees – they deal with the entire employee lifecycle in addition to other duties.

• HR Recruitment is a easy and basic process – There is much more to recruitment then some people may think, in addition if you are interested in learning more about recruitment enrol in our course.

Pay scale and statistics

• The average pay for a Human Resource Officer is $61,048 a year
• Average pay for a Human Resource Manager is $90,253 a year
• Average pay for a Senior Human Resource Business Partner is $122,580 a year
• 47% of HR leaders cite employee retention and turnover as their top workforce management challenge
• 89% of HR leaders surveyed agree ongoing peer feedback and check-ins have a positive impact on their organizations

Why become a HR professional

This job can be a complex yet rewarding job, but people who love working closely with others and helping them develop in the workplace are best suited to this sort of job.

These professionals have a good understanding of people management, legal knowledge and operational requirements.

In addition, there were 75,100 Human Resource Managers in 2020 and the number of workers in this field grow very strongly.

The industry is expected to grow very strongly over the next five years and is likely to reach 86,800 by 2025 according to job outlook (run by the Australian Government).

Some of major reasons people choose this field is the great pay, the growing industry and on top of that some company’s even offer employees the opportunity to travel whilst working.

Learning to become a Human Resource professional

HR courses can be complex and progressive, however completing the course leaves people feeling accomplished and adept in the field.

Whilst studying, you will learn to understand a hole range of HR functions you may have heard off before or may not have a very strong knowledge on.

Above all, I think one of the most beneficial things about studying a HR course is understanding how to improve workers work lives because it offers both the theory and practical understanding.

At LET Training, we offer a variety of Nationally Recognised Human Resource Management courses, the qualifications on offer at LET Training are the most recent and up to date qualifications, therefore your skills will be highly valued and regarded in the industry.

In conclusion – Below is a list of courses, you may want to consider for your learning journey:

Certificate IV in Human Resource Management (BSB40420)

Diploma of Human Resource Management (BSB50320)

Advanced Diploma of Human Resource Management (BSB60320

To enrol, head to the ‘Enrol Now’ button on any of the above pages. After that, we will contact you for a course induction.

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