This book is based on the research experiences with reference to various companies and also different environmental conditions. The findings of various studies were based on the perceptions of different participants during the particular period. It contains both theoretical and practical issues on human resource management. The important issues covered were: human resource function, recent trends in recruitment, new initiatives in human resource development, education and skill development in the new environment, some issues on managing diversity, work-life-balance in the new era, quality management, quality of work life, quality circles, employee participation schemes, collective bargaining, social security, human factor in various sectors like co-operative sector, corporate sector, insurance sector, informal sector and other areas. Another interesting presentation is on strategic issues in human resource management, executive education and research in HRM. This is unique publication because of various issues were deeply discussed in different chapters. These studies help a lot for the new age researchers to carryout highly standard research in the globalized environment.