Modern company’s success directly depends on the efficiency of its staff. Highly qualified employees satisfied with their job conditions and their wages demonstrate high level of the productivity. So, well organized process of staff recruitment, selection, appraisal, motivation helps company to achieve its objectives. It is proved that today for a company to be competitive it is necessary to consider its staff as a key resource. As Peter Drucker said: “What really distinguishes a strong company from a weak one is, first of all, the qualifications of its staff, its knowledge, motivation and orientation”.

Today any company which wants to survive ant to increase its market share should pay much attention to create and to improve its human resource (HR) management system to substantiate its activity in difficult environment.

In the course “Human Resource management” we are going to consider theoretical and practical approaches to provide the company with effective staff, to organize its appropriate usage, as well as its social and professional development, to substantiate the high level of employees’ job satisfaction as a necessary condition of their input to achieve corporate goals, such as consumers’ loyalty, costs reduction and high level of profitability.