The Small and Medium Enterprises (SMEs) work as the engines of economic growth in the global economy. SMEs contribute towards economic developments including creating and expanding jobs in underdeveloped rural and urban areas and providing flexibility and innovation in the economy. There is a plethora of research and discussion on the role of SMEs in developing countries, yet there is scope of research to be conducted on the human resource management (HRM) of the SMEs. The current paper discusses the extant literature on SMEs in Bangladesh context and proposes an HRM model to be tested in the research context. The research paper also discusses and identifies the significance of HRM among the SMEs in Bangladesh. The paper contributes to the existing literature by proposing a new dimension of research area: managing HRM among SMEs in Bangladesh. A detailed theoretical model and two research questions are proposed in the current research.