Pakistan's population is dynamic and quickly expanding, presenting a one-of-a-kind opportunity for economic growth and development. The aim of this article is to explore how Human Resource Management could significantly help in closing the skills gap, developing a culture of lifelong learning, increasing innovation and entrepreneurship, enhancing employability and retention, and generating capable, adaptable, diverse, and inclusive workforces. A mixed-methods approach to measure the effectiveness of the HRM practices was conducted for the purpose of establishing whether or not the HRM practices in Pakistan favored the development of sustainable economic growth. According to the data collected from two hundred HR experts and workers from diverse sectors, training programs were a key HRM practice for seventy-two percent of the organizations in Pakistan. However, only forty-five percent of the respondents indicated that they had a performance management system that was supported by unique career life stages.