Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 457 views

    Importance of Industrial Relation

    Uploaded by

    lekhajj
    Industrial relations between employees and employers are important for running an industry effectively. Good industrial relations foster industrial peace by allowing both parties to discuss issues before taking actions and remove doubts. They also promote industrial democracy by giving workers a voice in decisions that affect them. Additionally, good relations benefit both workers and management. Workers are protected from exploitation and have a way to resolve grievances. Management has a system for handling employee indiscipline. Improved relations increase productivity, as seen at companies like Eicher Tractors where productivity rose from 32% to 38% from 1994 to 1997 due to peaceful industrial relations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Importance of Industrial Relation

    Uploaded by

    lekhajj
    457 views2 pages
    Industrial relations between employees and employers are important for running an industry effectively. Good industrial relations foster industrial peace by allowing both parties to discuss issues before taking actions and remove doubts. They also promote industrial democracy by giving workers a voice in decisions that affect them. Additionally, good relations benefit both workers and management. Workers are protected from exploitation and have a way to resolve grievances. Management has a system for handling employee indiscipline. Improved relations increase productivity, as seen at companies like Eicher Tractors where productivity rose from 32% to 38% from 1994 to 1997 due to peaceful industrial relations.

    Original Description:

    Brief of IR

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Industrial relations between employees and employers are important for running an industry effectively. Good industrial relations foster industrial peace by allowing both parties to discuss issues before taking actions and remove doubts. They also promote industrial democracy by giving workers a voice in decisions that affect them. Additionally, good relations benefit both workers and management. Workers are protected from exploitation and have a way to resolve grievances. Management has a system for handling employee indiscipline. Improved relations increase productivity, as seen at companies like Eicher Tractors where productivity rose from 32% to 38% from 1994 to 1997 due to peaceful industrial relations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    457 views2 pages

    Importance of Industrial Relation

    Uploaded by

    lekhajj
    Industrial relations between employees and employers are important for running an industry effectively. Good industrial relations foster industrial peace by allowing both parties to discuss issues before taking actions and remove doubts. They also promote industrial democracy by giving workers a voice in decisions that affect them. Additionally, good relations benefit both workers and management. Workers are protected from exploitation and have a way to resolve grievances. Management has a system for handling employee indiscipline. Improved relations increase productivity, as seen at companies like Eicher Tractors where productivity rose from 32% to 38% from 1994 to 1997 due to peaceful industrial relations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    5 Importance of Industrial Relation for

    Employees and Employers


    Industrial relations usually imply good and positive relations between the employees and
    employers. The good IR help run an industry effectively and successfully, i.e., the
    desideratum of the day. The importance of IR can be imbued with multiplicity of
    justifications.
    To mention, good IR help:
    1. Foster Industrial Peace:
    Under the mechanism of IR, both employees and managers discuss the matter and consult
    each other before initiating any actions. Doubts, if any, in the minds of either party are
    removed. Thus, unilateral actions that prop confusion and misunderstanding disappear from
    the scene. In this way, IR helps create a peaceful environment in the organisation. Peace, in
    turn, breeds prosperity.
    2. Promote Industrial Democracy:
    Industrial democracy means the government mandated worker participation at various levels
    of the organisation with regard to decisions that affect workers. It is mainly the joint
    consultations, that pave the way for industrial democracy and cement relationship between
    workers and management. This benefits the both. The motivated workers give their best and
    maximum to the organisation, on the one hand, and share their share of the fruits of
    organisational progress jointly with management, on the other.
    3. Benefit to Workers:
    IR benefits workers in several ways. For example, it protects workers against unethical
    practices on the part of management to exploit workers by putting them under inhuman
    working conditions and niggardly wages. It also provides a procedure to resolve workers
    grievances relating to work.
    4. Benefit to Management:
    IR protects the rights of managers too. As and when workers create the problem of
    indiscipline, IR provides mangers with a system to handle with employee indiscipline in the
    organisation.
    5. Improve Productivity:
    Experiences indicate that good industrial relations serve as the key for increased productivity
    in industrial organisations. Eicher Tractors, Alwar represents one such case. In this plant,

    productivity went up from 32 per cent to 38 per cent between 1994 and 1997. This increase is
    attributed to the peaceful IR in the plant.
    Similar other success stories abound in the country. As reported by V.S.P. Rao, Sundaram
    Fasteners (A TVS group company which begged the prestigious GM award for the fourth
    successive year in 1999 as a quality supplier of radiator caps) is well known for zero
    breakdowns, zero accidents and zero defects. Company did not lose even a single day due to
    strike. The per-employee productivity is comparable to the best in the world. One study rates
    the company among the 20 most competitive companies in the Asia.

    You might also like