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2016 Forecast - Human Resources Manager Demand Will Grow

A 2016 forecast just released by CareerBuilder and Economic Modeling specialist Intl. (EMSI) shows that Human Resource Manager will be one of the top 20 most in demand jobs for the upcoming year based on a recent SHRM article HR Manager Makes 2016 Hot Jobs List by Roy Maurer.

The SHRM article says that the research was done by EMSI is a CareerBuilder company that provides employment data and economic analysis. The list is compiled from EMSI’s labor market database, which pulls from over 90 national and state employment resources.

CareerBuilder and EMSI looked at the average number of people hired per month in more than 700 occupations from January to September 2015 and compared that to the number of job postings for each occupation, aggregated from online job boards for the same period. Occupations in which the number of job advertisements that companies posted each month outpaced the number of people they actually hired made the list. The list included other data points, such as healthy job growth and higher salaries, as additional evidence that these positions may be in demand next year.

There has been far more job posting activity than hiring month-to-month in over 100 occupations, said Matt Ferguson, CEO of CareerBuilder. “While many of these jobs are in the technology and health care sectors, there are also plenty of opportunities in areas such as marketing, sales and transportation.”

Human resources manager ranked 19th among jobs that require a college education, and the position had a significant gap between job postings (23,231) and actual hires (5,916). HR manager positions have grown by 14,218 since 2010, according to the analysis. The median hourly earnings for the position is $49.41.

After the staff reductions and headcount freezes that were seen from 2008 to 2014 the demand for human resources talent is starting to grow.Many smart organizations are seeing the vital function that HR provides in talent acquisition and retention (engine for growth) and building a winning culture (engine for innovation and competitive advantage). 

As stated in the SHRM article:

The demand for top HR talent has grown in proportion to the desire of organizations to improve their work culture and level of employee satisfaction, Mazzullo said. “Responding to the current business trend of improving corporate cultures, HR has naturally become a more deeply respected, valued part of the business.”

Randstad North America Chief HR Officer Jim Link said he’s seeing a growing demand for hiring human resources professionals at all levels, “likely driven by recent employment legislation and changes to health care, retirement plans, and the way employers approach employee safety and wellness programs.”

But Link believes the demand for HR generalists will outpace the demand for managers. “As is the case in most professions, a position that requires a highly specialized skill set is more difficult to fill than an entry-level one, and there are also typically fewer of those high-level roles available—therefore, it would make sense,” he said. 

The other trend seen in the upswing in demand for Human Resources Managers is organization looking for more strategic and specialized HR talent. The article stated that recruiters are being increasingly asked to look for talent who have organizational development or talent management backgrounds.

“With more specialized roles arising, HR professionals are able to dig into more strategic and dynamic work. It’s important that HR managers consider what areas of HR they’d be willing to focus on, as it’s a great time to have a niche HR expertise,” she said. 

It is a good time to be in Human Resources.