HRM is the responsibility of every manager. Human Resource Management refers to the policies and practices involved in carrying out the people or the human resource aspects of a management position and are defined as the process of acquiring, training, appraising and compensating employees, and attending to their labor relations, health and safety, and fairness concerns. The components of Human Resource Management are Selection, Motivation, Productivity, Trade Unions, Training, Rewards System, Development, Discipline, Employment Legislation and Recruitment. Basic Human Resource concept states that HR creates value by engaging in activities that produce the employee behaviors that the company needs to achieve its strategic goals. The intensely competitive nature of business today means human resource managers must defend their plans and contributions in measurable terms. Current economic challenges require that HR managers develop new and better skills to effectively and efficiently deliver and manage HR services. The personnel aspects of a HR manager’s job include conducting job analysis, planning labor needs and recruiting job candidates, selecting job candidates, orienting and training new employees, managing wages and salaries, providing incentives and benefits, appraising performance, communicating, training and developing managers, and building employee commitment. Also, the HR manager’s today should also know and be concerned about notions such as equal opportunity and affirmative action, employee health and safety, handling grievances and labor relations. In addition, the chapter also emphasizes on how cultural environments and technological changes affect Human Resource Management practices. Due to increased globalization, a situation is created where HRM must search for mobile and skilled employees who can succeed at their jobs in a foreign nation that is