An important element of human resource management is the Human Approach while managing people. Training and Development, Performance appraisal, Potential Appraisal, Career Planning and Development, Compensation and Reward are the major HR practices in any business organization. Human Resource has been considered as one of the most important factors today in managing all material facts of an organization. The present market conditions and scenario need to innovative HR practices in competitive environment. For achieving these objectives IT sectors needs to adopt innovative HR practices. The aim of this paper is to examine the innovative HR practices in IT sector. For better functioning of IT sector and for a suitable growth of this sector there, HR plays a vital role in managing manpower with the consistence to the goal of the corporation. For this reason, IT sector needs to carefully evaluate their existing HR practices and modify them with innovation. In this research paper efforts are made for to understand Innovative HR practices and to analyze the role of Innovative HR Practices in IT sectors.