Industrial Relation has become one of the most delicate, crucial and complex problem of modern industrial society. Industrial Relation is the relation in the industry which is created by complex attitudes and approaches of both management and workers. As we know industrial progress is impossible without our human resource. Harmonious relationship and cooperation of labours helps the organisation to achieve its goals and targets. Therefore, it is favourable for all to create and maintain good and harmonious relation between employee and employer. Industrial Relation can be defined as the relation between the management and the employee of an organisation at the workplace. Industrial Relation or Employee Relation is also known as Labour – Management Relation which is characterised by rapid changes, industrial unrest and conflicting ideologies. It is a dynamic and developing concept which mostly depends on the following factors like pattern of society, economic system and political set-up of a country. Industrial Relation can be studied in both narrow sense as well as broad sense. Industrial Relation is a complex process it is not a simple relationship between employer and employee rather it is living together for the purpose of production, efficiency and industrial progress. For establishing and maintaining a harmonious industrial relations there should be existence of good human relation, organised labour movement, collective bargaining, fair dealing with the workers, etc. It helps in building up healthy attitudes and institution. As we know industrial relation are always a mixture of cooperation and conflict. Cooperation leads to achievement of goals while some conflict always remain. Industrial Relation are multi-dimensional in nature and is conditioned with various determinents like institutional, economic and technological factors, etc. Generally, industrial relations helps in safeguarding the interests of labour and management which is possible through mutual understanding and goodwill. Industrial Relation also helps in improving the economic status or standard of living of the employees and workers by improving their wages, benefits and incentives. It also helps in increasing the participation level of workers and employees by providing them opportunity of giving their opinions and say in the management and decision making. Industrial Relation also helps in encouraging and developing trade union in order to improve the strength of the workers. It also helps in avoiding industrial conflict and strike by developing harmonious relationship between employer and employee. It also helps in enhancing the morale of the workers, productivity of workers and the industrial progress of a country. It helps in eliminating strikes and lockouts as far as possible by providing them reasonable wages, improved living and working condition and fringe benefits. It also helps in establishing and increasing the growth of an industrial democracy. As now we have read so much about industrial relations so we should move forward to know that what are the Importance of Industrial Relation:-
- Reduces Disputes – Peaceful Industrial Relation reduces industrial disputes. Disputes normally occur due to dissatisfaction in regards to salary, work environment, etc. And this leads to strikes, lockouts, go – slow tactics, etc. So industrial relations helps in reducing these.
- High Morale – Industrial Relation helps in improving the morale of the employees. It helps them to work with great zeal and with the feeling in mind that the interest of both employee and employer are same. There should be complete unity of thought and action for the achievement of industrial peace.
- Benefits to Workers – In order to make your workers and employees happy they should be given sufficient monetary and non – monetary benefits which can help them so that they can lead a happy life.
Last But Not the Least
Industrial Relation is very important for both the parties that is employer and employee as it ensures uninterrupted production.
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