That the people of an organization are its most valuable resource is not in dispute. Given how closely companies are often matched on product or service offerings and prices, their people become the key differentiator and contributor toward their success in the market.
1. STMP or GTML— the better choice?
That the people of an organization are its most valuable resource is
not in dispute. Given how closely companies are often matched on
product or service offerings and prices, their people become the key
differentiator and contributor toward their success in the market.
This is where the role of HR professionals comes in. They need to deal
with recruitment, interviews, leave approvals, appraisals and
promotions, payroll, and a whole lot more. Along with this, they must
be highly knowledgeable when it comes to laws and practices for
employees.
What qualifications are required to join the HR
field?
2. Typically, an HR professional must hold either a bachelor’s or a
master’s degree or diploma in HR management, business,
management, or related disciplines. Along with this, some degree of
work experience is preferred (depending upon the position), either full
time or by way of an internship.
Is certification useful?
For someone working in the HR domain, it is extremely useful to get
one of the best talent management certifications. A certification
shows a prospective employer that the candidate possesses the most
current skills and knowhow in the field. It also shows that the
candidate is serious about an HR career and is looking to take on
higher-order responsibilities. Along with this, the candidate is
someone who is willing to invest in continual learning, given that most
good certifications must be renewed periodically.
Increasingly, certifications are mandatory or at least preferred in many
job openings for HR and talent management professionals.
Advertisements ask for not only HR degrees but also certifications
from reputed and recognized industry bodies.
What are some good certification choices for
mid-level professionals in HR?
3. For a candidate who is beyond the entry level in HR, the Talent
Management Institute (TMI) offers some of the best talent
management certifications. Two of the top offerings from TMI are the
following:
· Senior Talent Management Practitioner (STMP): This is for
mid-career HR professionals looking to move upward and take on
high-demand talent management roles. Targeted at those with 5–8
years of work experience, the STMP certification.
4. · Global Talent Management Leader (GTML): This is designed to
allow senior HR and talent management professionals to rise rapidly
and take on challenging, high-profile global roles. Targeted at those
with 7–12 years of work experience, the GTML certification.
Here are the key differences between both
certifications:
5. How are the exams structured?
Below are the exam details:
· STMP: The exam covers five sections:
o Defining concepts and perspectives in talent management
o Elements of strategy and leadership in talent management
6. o Critical focus areas of talent management practice
o International talent management experiences and insights
o Talent leadership capabilities
· GTML: The exam covers nine sections:
o Defining concepts and perspectives in talent management
o Elements of strategy and leadership in talent management
o Critical focus areas of talent management practice
o International talent management experiences and insights
o Talent leadership capabilities
o Future readiness
o Global trends for business and society
o Managing social and human capital
o People analytics
For both certifications, the exam has three sections:
7. · Type A — General understanding of concepts: Questions are fact-
based and have four answers each, of which only one is correct.
· Type B — Ability to apply understanding & knowledge: Questions
have four answer choices each, of which only one is incorrect, with the
remaining three representing varying levels of suitability for the given
situation.
· Type C — Understanding of issues and elements of practice in global
contexts: Questions have four answer choices each, of which only one
is incorrect, with the remaining three representing varying levels of
suitability for the given situation.
In summary…
Both certifications offer different but great value for candidates. A
candidate can also hold both certifications simultaneously, for added
weightage to candidature when applying for a suitable job.