The findings from the report are helpful to any human resource manager and any entrepreneur aspiring to improve performance of the business 3 Introduction 4 Discussion 4 Major challenges 4 Future trends 7 Conclusion 9 List of References 10 Introduction Every day human resource managers are met with new challenges. Now not only search and attraction, but also adaptation, employee training, management of their development, loyalty, efficiency, and retention of specialists - all of these are key areas of human resources management. The current paper aims at revealing key challenges