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Peculiarities of European human resource management models are determined by the specifics of EU integration, development and enlargement processes that are centred on implementation of the social model in the development of the social market economy in the European continent under conditions of intensified cohesion processes. The article reveals the impact of the changing environmen and factors determining the transformation of human resource management models on historic evolution of approches to management of people. In addition, it determines links between transformation of human resource management models and the EU development stages as well as proposes guidelines for the development of promising socially centred human resource management models in response to challenges faced by the European social model under the conditions of cohesion processes. The conceptual study is performed using literature analysis and synthesis, theoretical modelling, metaanalysis and interpretation techniques. Insights were drafted using the systemic holistic approach and graphic modelling

Challenges of the European Union Social Market Economy in the Human Resource Management Paradigm