The success and survival of any organization will invariably be determined by the quality and competence of its human resources. The human factor is considered for determining the efficiency and effectiveness of any organization. Hence, people are the modern weapon of competitive advantage in the global market today. It is pertinent to mention that human resource are primarily responsible for making use of physical and natural resources and for the transformation of traditional economies into modern and industrial economies. In fact, the differences are largely a reflection of the differences in the quality of their human resources and their involvement in national building. HR function has been evolved over the years and it has increased the value that is being generated at different stages towards the organizational excellence.