This book is a comprehensive & authentic textbook on ‘Human Resource Management’. This book aims to fulfil the requirement of students of B.Com (Hons) under CBCS Programme, Non-Collegiate Women’s Education Board (NCWEB) and School of Open Learning (SOL) of the University of Delhi and Various Central Universities throughout India The Present Publication is the Second Edition, authored by Dr. V.S.P. Rao, with the following noteworthy features: [Innovative Presentation] Each chapter in this book tries to strike a fine balance between percept and practice, that is liberally sprinkled with live cases, corporate insights and episodes [Contemporary and research-based text] The books aims to deliver a rich fund of contemporary knowledge, time-tested principles, basic concepts, emerging ideas, evolving theories, latest techniques and fast changing procedures & practices in a comprehensive manner [Simple, easy to understand format] The subject-matter is presented in simple, systematic method along with comprehensive explanation of the concept and theories underlying human resource management [Latest thinking in the field] Contemporary examples from renowned journals, newspapers and magazines have been extensively put to use in order to convey the excitement and dynamism of the discipline. Information and date from global websites have been sourced in support of theoretical arguments proposed in the book. [Study Aids] Various figures, exhibits, charts, tables and exercises have been used in order to explain the topic(s) in an uncomplicated manner [Chapter outline] Each chapter in this book begins with a clear statement of what lies ahead along with a clear road-map, which enables a student to undertake the intellectual journey in a fairly easy and comfortable manner [Chapter summary] A summary of each chapter is presented at the end so that the student is able to re-collect and remember key points discussed [Indian flavour] Though a large number of examples from global market places have been used, the book does not lose touch with Indian ways of doing things. There is scrupulous adherence to the requirement of students [Test questions] A carefully selected list of questions that compel a student to sit through the subject in a critical fashion have been appended to each chapter, keeping the examination needs of students in the backdrop. These questions will help the student focus attention on key ideas that have been explained in each chapter and simulate clear thinking