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In today's economic upheavals, downsizing, layoff, merger and bankruptcies have cost hundreds of thousands of workers their jobs. Millions more have been shifted to unfamiliar tasks within their companies and wonder how much longer they will be employed. Adding to the pressures that workers face are new bosses, computer surveillance of production, fewer health and retirement benefits, and the feeling they have to work longer and harder just to maintain their current economic status. Workers at every level are experiencing increased tension and uncertainty, and are updating their resumes.

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In the current scenario, where every sector is reeling under some sort of slowdown, business houses are treading with caution, with major expansion plans on hold and no drastic measures or ventures on the anvil. Taking a leaf from the adage, 'Tough times do not last, tough people do', there is really no better time to focus on a basic, yet crucial function: HR.

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