In today’s labor market, professionals earning a Master’s Degree in Human Resources can open the door to the most rewarding and profitable positions in the industry. Working in human resources is a good fit if you enjoy planning, building, and managing a solid pool of talent for a business or organization.
With a Master’s Degree in Human Resources from New England College, you can steer your career toward the public or private sector and be involved in cutting-edge industries, non-profit organizations, or government agencies.
Evolution of Human Resources
As business evolves, so does the mission of human resource professionals. The variety and scale of impact of a well-run HR team help businesses and organizations meet goals and thrive in a competitive marketplace.
The emerging trends in human resources create fresh challenges for traditional HR roles that are expanding as new industries come forth in the coming decades.
Top 5 Job Opportunities in Human Resources
Human Resources Manager:
Human resources managers coordinate the HR team in larger organizations and are a liaison between employees and management. According to the Bureau of Labor Statistics, job growth for human resources managers is projected to increase by 9 percent through 2026, about the same rate as all other occupations.
Average compensation for HR managers is $113,300. The lowest 10 percent earn $66,800 and the top 10 percent a healthy $201,380. While specific opportunities depend upon the growth of individual companies, there is strong competition for most top management positions.
Human Resources Strategist:
As described in The Job Network, “the HR manager might be the big fish in a small pond, but the HR strategist is in a much bigger pond.” HR strategists typically work in larger organizations or government positions requiring a commensurately more complex strategic approach to hiring and team building. Compensation for HR strategists varies widely between industries, but research indicates an average salary of $118,978.
Compensation and Benefits Manager:
HR professionals in this role research and plan employee benefits packages and ensure all state and federal regulations are met. Median compensation for this role is $121,010 according to BLS statistics. Job growth through 2026 is projected at 5 percent.
Training and Development Manager:
If you enjoy getting into the weeds about how employees do their jobs, this could be the position for you. Training and development managers plan, implement and oversee training programs and budgets. BLS statistics indicate a median salary of $111,340. The growing need for training and development managers is reflected in a faster-than-average projected growth rate of 10 percent through 2026.
Human Resources IT Specialist:
This is one example of the growing “niche” markets in human resources, and one of the most sought after. If you’re interested in software and hardware, combine that with your education and training in human resources. This is the best of both worlds: building a team of the industry’s best and brightest on a mission to advance IT in the Information Age.
Human resource specialists in IT earn up to $118,000, though salaries vary widely depending on the region.
Advance your career opportunities
The typical entry-level education required for all the jobs listed here is a bachelor’s degree. However, landing the top-paying jobs in the best organizations almost always requires a higher level of education and experience. By enrolling in New England College’s online program to earn a Master’s degree in Human Resources, working professionals can do both simultaneously.
All New England College degree programs offer students the tradition of educational excellence New England is known for. With the flexibility of online learning, students from across the country can benefit. For serious human resource professionals, New England College provides a path to a challenging and rewarding career.