Human Resource Practices in Indian SMEs – An Exploratory Study

The growing potential of Small and Medium size Enterprises (SMEs)as nurseries for entrepreneurship, employment and innovation is well recognized. Efficiently managed human resource practices significantly contribute to organizational performance. The objective of this research is to explore the human resource policies and practices in Indian SMEs. A qualitative study on eight SMEs in India was undertaken to examine the existing human resource (HR) practices areas across the HR value chain (recruitment, training, performance management and compensation).