This report provides a comprehensive overview of Human Resource Management (HRM), focusing on the evaluation of human resource requirements and the preparation of both employee and service contracts. The report begins by emphasizing the importance of HRM in managing and improving employee productivity, highlighting key functions such as recruitment, training, and performance appraisal. It then delves into the reasons for the necessity of HRM within an organization, including fostering good industrial relations, creating organizational commitment, adapting to changes in political philosophies, and meeting the demands of a changing business environment. The report further elaborates on the need to adapt to technological advancements and changing employee expectations. A significant portion of the report is dedicated to the creation of an employee contract, detailing essential components such as employment terms, position responsibilities, compensation, benefits, probation periods, performance reviews, termination clauses, non-competition agreements, and legal considerations. This detailed analysis aims to provide insights into effective HRM practices and the legal frameworks that govern the employer-employee relationship.