What Is Industrial Relation And Its Importance?

What is meant by industrial relation?

Industrial relations or employment relations is the multidisciplinary academic field that studies the employment relationship; that is, the complex interrelations between employers and employees, labor/trade unions, employer organizations and the state..

What are the advantages of industrial relations?

The Advantages of Good Employee RelationsIncreased Productivity. Employees who have a positive relationship with their colleagues and managers work smarter and more efficiently. … Higher Retention Rates. … Enhanced Motivation. … Less Absenteeism. … Increased Revenue.

What are the main objectives of industrial relations?

The primary objective of industrial relations is to bring about good and healthy relations between the two partners in the industry i.e., the management and the labour. (d) Vesting the proprietorship of the industries in the worker.

What are the effects of poor industrial relations?

Adverse effect on efficiency, low-grade production, negligence in the execution of work, absenteeism among the workers, high rate of labour turn-over etc. are the evils that result from poor industrial relations.

What are the features of industrial relation?

Features of Industrial Relations:Industrial relations are the relations between two parties connected with industrial / manufacturing activity, namely employer and employees. … The concept of industrial relations is complex and multi- dimensional. … In the olden days, industrial relations were cordial and peaceful.More items…

What are the main theories of industrial relations?

Industrial relations theory consists of three perspectives: unitary perspective, which later evolved into neo‐unitarist perspective; pluralist perspectives, such as conflict theory or Marxism; and systems perspective.

What are the different types of industrial disputes?

Types of Industrial Disputes: Strikes, Lockouts, Picketing, Gherao, Lay Off, Retrenchment and BoycottType # 1. Strikes:Type # 2. Lockouts:Type # 3. Picketing:Type # 4. Gherao:Strikes:Lockout:Lay Off:Retrenchment:More items…

What are the three actors in industrial relations?

There are many models of industrial relations. Notable among these is the British model. In the British model of industrial relations, there are three principal actors. These are: (i) the workers and their trade unions, (ii) the employers and their associations, and, (iii)the government and its agencies.

How many types of industrial relations are there?

four typesIndustrial relations include four types of relations: (i) Labour relations i.e., relations between union- management (also known as labour management relations); (ii) Group relations i.e., relations between various groups of workmen i.e., workmen, supervisors, technical persons, etc.

What are the causes of poor industrial relation?

Top 4 Causes of Poor Industrial Relation – Explained!Nature of Work: It is the work only that gives birth to relationship between the employee and employer. … Dissatisfactory Compensation and Work Conditions: Employees work for compensation i.e., wages and salaries. … Dysfunctional Trade Union: … Non-conducive Organisational Climate:

What is Marxist approach of industrial relation?

This view of industrial relations is a by product of a theory of capitalist society and social change. Marxists argue that industrial relation is a relation of clashes of class interest between capital and labour. Employer (capital) tries to maximize profit by holding surplus value and underpaying workers remuneration.

What is the role of employees in industrial relations?

Employees are responsible for acting with all due regard to safety, at all times. They have a responsibility to observe the legal safety regulations. They can be held responsible if safety equipment such as clothing provided by the employer is not worn in the workplace.

What are the benefits of human relations?

Developing effective human relation skills is crucial to establishing and maintaining productive business relationships. Good communication and attention from managers typically lead to increased levels of productivity and job satisfaction. Human relations skills make working in groups and teams possible.

What are three types of employment?

There are three types of employment status: employee, worker and self-employed. The three are often not in practice used correctly and the difference is not always known. An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.

What is HR and IR?

We are often asked about the difference between Human Resources (HR) management and Industrial Relations (IR) management. … IR management refers to the dynamic relationship between employers, employees, and the institutions through which these relationships are conducted.