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Saturday 11 February 2012

HR industry is growing with a rapid rate


HR has grown with a growth rate of 21 per cent in the last four years and soon it would be an industry of around Rs 22,800 crore, says a recent study. “HR people play a crucial role in shaping a co. and making it a successful player, no wonder firms are hiring trained and well qualified, says a member of Fred Loya Insurance HR team. With the industry growth new players, new sectors, all this has made a well-equipped HR team a must for each and every firm.

But organizations must not go overboard with the appointment of HR personnel and they should hire only those people who are really good in their chosen fields, cautions a senior manager working with Fred Loya Insurance.

In today’s world HR consultants image has also gone up and they are no longer a vendor who sits quietly in the corner of an office but today HR plays a role in the company's growth and success. But there are many sceptics which fear that other sectors are growing with this rate and one more recession or so-called double dip recession is just right the corner and the same gloom in the sector will persist for at least a couple of years more. But Fred Loya Insurance will continue to recruit. http://houston.citysearch.com/profile/9925768/houston_tx/fred_loya_insurance.html

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