This book contains 17 chapters. Chapter 1 contains introduction to the subject. Chapter 2 discusses job evaluation. The 3rdchapter contains discussion on wages and salary administration. The 4th chapter relates to incentive payments like sharing of profits and fringe benefits. The 5th chapter contains management of discipline. The 6th chapter contains discussion on collective bargaining. The 7th chapter discusses workers’ participation in management. The 8th chapter concerns with health and safety of workers and other employees. The 9th chapter discusses human resource accounting. 10th chapter contains human resource audit and research. The 11th chapter contains HRM and personnel management. The 12th chapter relates to strategic HRM-a framework. The 13th chapter discusses management development. The 14th chapter relates to organisational development. The 15th chapter is dedicated to the discussions on ethical issues involved in HRM. The 16thchapter contains material concerning international HR management. The 17th and concluding chapter discusses human values and professional ethics-a new approach to reinforce professional ethics.