Human Resource Management is the process of managing people in organizations in a structured manner. It encompasses the management of people in organizations in the form of a collective relationship between management and employees. The present text is the most authentic presentation of contemporary concepts and practices in Human Resource Management. It is a matter of great satisfaction to bring out the present edition of Human Resource Management for the students of Business Administration, Management, Commerce and other technical courses. This volume covers not only traditional personnel functions, viz. procurement, training, compensation, appraisal and maintenance of the personnel, but also the emerging horizons in managing human resources, viz. Human Resource Information System, International HRM, Workforce Diversity, as well as HR Accounting and Audit.