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High demand for HR professionals
Tuesday, 25 March 2008
Life after graduation
Graduates may be interested to learn that HR professionals are still in high demand despite current economic conditions, according to experts.
A global salary survey by recruitment consultancy Robert Walters has revealed that the market for HR professionals is 'extremely buoyant' irrespective of the economic situation.
Charles Cotton, reward adviser at the Chartered Institute of Personnel and Development, noted that the results prove that employers are still in need of good people management.
Speaking to Personneltoday, he said: "There are lots of challenges for organisations, especially with the current economic downturn, so quality HR is very important now."
Additionally, the survey revealed that many employers are reducing basic HR salaries in order to make room for extra benefits.
Basic pay is now seen to represent around 60 per cent of the overall package for HR professionals, with expected benefits including flexible working hours, long-term incentive schemes, and possibly a cash bonus.