Employees of any organization are an integral part of HRM. Their beliefs, opinions and thought processes have a tremendous bearing on perceived importance of various HR Functions. Purcell et al., (2004) showed that clear evidence existed between the operational performance by employees and the positive attitudes towards HR policies & practices, levels of satisfaction and motivation & commitment. However, employees also have differing viewpoints regarding the importance of individual HR functions in an organization. Some employees perceive „Job Satisfaction‟ as more important HR function than „Promotion‟. Similarly, some higher statured employees give more value to „Executive Development‟ and „Career Planning‟ as compared to „Bonus and Incentives‟ or „Wage and Salary Administration‟. On the other hand, a financially vulnerable employee group might find „Training‟ or „Conflict Management‟ not as important functions as compared to „Wage and Salary Administration‟ or „Bonus and Incentives‟. For workers engaged in hazardous tasks as in production units, „On-the - job Training„ as well as „Health and Safety‟ occupy priority over „Job Analysis‟ or „Performance Appraisal‟ functions. The opinions about HR functions‟ criticality vary tremendously over a cross section of employees who are individuals, markedly different from one another.