Description

Human resources vice-presidents (HRVPs) are responsible for a variety of duties, including overseeing contracts, drafting written policies, ensuring the compliance of legal issues related to employees, and managing a team of employees. They have to ensure that the workers' laws are being followed and applied correctly within their company: They are responsible for the safety (OSHA) and equality of opportunity (EEO) taxes as well as pension and retirement plans, wages and compensation as well as other laws pertaining to contractors and employees. Another aspect that HRVPs oversee is the negotiations of contracts between the company and its employees, or sometimes the union. The process of negotiating and drafting the terms of a contract demands a lot of concentration on the details because it contains specifics like salary and the benefits of employees, clauses governing non-compete, confidentiality disclosures, and much more.

HRVPs also create policies that are relevant to the employees of the company. This covers the entirety of the company's human resources and the procedures for hiring firing, resolving complaints, and other administrative tasks that affects employees. Since these areas are vital and crucial, HRVPs will often consult with the legal department to ensure that employee handbooks, documents for personnel as well as other written policies are clear, complete and practical. The education requirements for becoming an HRVP typically include at minimum an undergraduate degree (if there isn't a master's degree) in human resources, management or business. HRVPs typically work a 40-hour week.

Roles & Responsibilities

As a Vice President (VP), Human Resources HR) with 9+ years of experience in India, here are some main responsibilities:

  • Creating and executing HR strategies to align with organizational goals and optimize employee performance.
  • Overseeing the recruitment process, conducting interviews, and developing retention strategies to attract and retain top talent.
  • Handling employee grievances, mediating conflicts, and working towards maintaining a positive and productive work environment.
  • Keeping abreast of labor laws and regulations, ensuring HR policies and practices are in compliance, and minimizing legal risks.

Qualifications & Work Experience

Major educational qualifications required for Vice President (VP), Human Resources (HR) are:

  • A bachelor's degrees with a major in Human Resources, Business Administration or a related field is required.
  • Master's or law degrees are highly recommended.
  • Strategic, management of talent, or business development experience is highly desired.

Essential Skills For Vice President (VP), Human Resources (HR)

1

Compensation & Benefits

2

Recruiting

3

Human Resource Management

4

People Management

5

Performance Management

6

Strategic Planning

Skills That Affect Vice President (VP), Human Resources (HR) Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Compensation & Benefits

22%

Recruiting

22%

Human Resource Management

89%

People Management

13%

Performance Management

21%

Leadership

3%

Career Prospects

Some Alternative job roles available for Vice President (VP), Human Resources (HR) are:

  • Deputy Chief HR Manager: Assists and supports the Chief HR Manager in overseeing human resources operations.
  • Chief HR Manager: Holds the highest HR leadership position, responsible for formulating and executing HR strategies.

How to Learn

The role of Vice President (VP), Human Resources (HR) shows a positive growth in the market. According to a 10-year analysis, the demand for this position is projected to increase significantly in India. With the ever-increasing complexity in the business landscape and emphasis on employee well-being, organizations are recognizing the need for strategic HR leadership. As a result, the future looks promising, offering a substantial number of employment opportunities for talented HR professionals. The latest data points available with Google indicate a steady growth trajectory for the role of VP, HR in India, reflecting the increasing importance of human capital management in organizations.