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Human resource is the most important resource. It is to be managed properly. The present business environment is turbulent. It is undergoing drastic changes. There is uncertainty and risk everywhere. Over and above due to liberalisation and globalisation, tough competition is being faced in every sector in India and abroad. To understand the changing business environment and carry-out the business effectively and efficiently are very difficult. The critical need of talented manpower has been felt. Further, the human resource is again needed to be managed properly to get the best performance of them. Keeping in view, the critical needs, the new chapters have been added to the first edition to tune it to the present requirement. Sincere efforts have been made to create awareness among all concerned regarding emerging trends and practices in HRM. The new edition of the book will include: Part - 1: Human Resource Management Part - 2: Human Resource Development Part - 3: Compensation of Human Resource Part - 4: Maintenance of Human Resource Part - 5: Human Relations Part - 6: Industrial Relations Part - 7: Future and HRM. This edition covers 42 chapters under 7 parts. The present edition has the following reliant features: 1. Integrated approach and comprehensive explanation. 2. All topics of the earlier editions have been reviewed and updated. 3. The sequence of the chapter is arranged in a proper logical order to provide proper link to the topics. 4. It includes the text and the case study both solved and unsolved types to improve theoretical and practical knowledge of the readers. 5. Value addition to the students undergoing different courses. Sincere efforts have been put to bring this second edition. On the demand of the students, academicians and practitioners the topics have been revised; updated and new topics have been added. Now it is the humble request to all readers to bring the discrepancies to our notice at the earliest. Suggestions and comments will be highly appreciated by authors. Contents : Part - I: Human Resource Management 1. Human Resource Management 2. Environment and HRM Part - II: Human Resource Development 3. Human Resource Planning 4. Job Analysis and Job Design 5. Recruitment, Selection and Placement 6. Training 7. Management Development 8. Human Resource Development 9. Performance Management Part – III: Compensation of Human Resource 10. Performance Appraisal 11. Performance Appraisal Process and Methods 12. Job evaluation 13. Wages and Salary Administration 14. Incentive Payment System Part – IV: Maintenance of Human Resource 15. Benefits and Services for Employees 16. Promotion 17. Transfers and Separations 18. Labour Welfare and Social Security 19. Health and Safety Part – V: Human Relations 20. Human Resource Accounting and Audit 21. Group and Group Dyanmics 22. Motivation of Employees 23. leadership 24. Communication Part – VI: Industrial Relations 25. Discipline and Grievance Management 26. Industrial Relations 27. Industrial Relations 28. Trade Unions 29. Workers’ Participation in Management 30. Collective Bargaining 31. Labour Legislations 32. Employees Counselling and Well-being 33. Employees or Labour Productivity Part – VII: Future and HRM 34. Globalisation and Strategic HRM 35. Quality of Work Life and Stress Management 36. Knowledge Management and HRD 37. Gandhian Philosophy and Human Resource Management 38. Human Resource Development and Diversity 39. Organisational Changes and Development 40. Case Studies – 1 (Solved) 41. Case Studies – 2 (Unsolved) 42. Bibliography