ABSTRACT
This field of HRM is still in its evolutionary phase and it is difficult to identify any crystal clear framework to
retrofit the existing strewn perspectives. Available literature shows that HRM is a system that strives to achieve
a dynamic balance between the personal interests and concerns of people and their economic added value. In
this study all those papers which are published in prominent HR journals were scanned and those published
during last five year period were kept under sharp focus. Papers pertaining to the field of HRM and
organizational performance were categorized and examined in detail. Categorization of the literature according
to various dimensions enabled the researcher to explore new areas that are not adequately covered in the
literature; hence this study is a structured overview covering significant aspects. It was found that HRM is an
area that continues to evoke a lot of debate and body of work in HRM is relatively small, and most of the
questions are sorely in need of further attention.