What is Human Resources?
Human Resources (HR) is a company’s department (or employee) that is responsible for managing people.
This includes recruiting new staff, looking after the well-being of existing staff, disciplinary procedures and the leaving process.
The various tasks may include finding, screening and recruiting new applicants, looking after the induction process and training programs, ensuring employee development.
HR in Financial Services
You could work in any of the following areas:
Like in other sectors, HR professionals in the finance industry people often work closely with management to find ways to improve the wellbeing of staff and are there to help with any questions a person might have about their employment. You could work in any of the following areas:
- Recruitment, resourcing and talent planning
- Learning and talent development or management
- Organisation development
- Employee relations
- Employee engagement
- Performance and reward
- Health and safety
What skills do you need?
- Critical thinking
- Interpersonal and problem-solving skills
- Analytical skills
- Communication skills
- The ability to understand complex regulations
- The ability to compile and interpret data
- General IT skills
Qualifications to consider
- A relevant university degree
- Relevant work experience
- Professional accreditations from organisations like the Chartered Institute of Personnel and Development (CIPD)
- HR Executive
- Learning and Development Specialist
- Talent Acquisition Specialist
- Recruitment Consultant
- Payroll Specialist
- Employee Wealthfare Manager
Stephanie Costford Senior Advisor, Hawksford
“I enjoy working in a People environment as I feel the opportunities are endless. Our world is so diverse which, in turn, presents different experiences and opportunities for HR/L&D professionals to develop and share knowledge. Everyday we are learning and I find that completely fulfilling.”