Report on Labour Dispute
STUDY AND ANALYSIS ON EXISTING RELATION MACHINERY IN COAL INDIA LIMITED AND ITS SUBSIDIARY COMPANIES
Introduction:
Industrial Relations, Industrial disputes & its grievance handling mechanism Industrial relations constitute one of the most delicate and complex problems of the modern industrial society. In the broad sense, industrial relations cover all such relationships that a business enterprise maintains with various sections of the society such as workers, state, customers and public who come into its contact. In the narrow sense, it refers to all types of relationships between employer and employees, trade union and management, works and union and between workers and workers. It also includes all sorts of relationships at both formal and informal levels in the organization. The significance of industrial relations can be summarized as below: 1. It establishes industrial democracy: Industrial relations means settling employees’ problems through collective bargaining, mutual cooperation and mutual agreement amongst the parties i.e., management and employees’ unions. This helps in establishing industrial democracy in the organization which motivates them to contribute their best to the growth and prosperity of the organization. 2. It contributes to economic growth and development: Good industrial relations lead to increased efficiency and hence higher productivity and income. This will result in economic development of the economy. 3. It improves morale of the work force: Good industrial relations, built-in mutual cooperation and common agreed approach motivate one to contribute one’s best, result in higher productivity and hence income, give more job satisfaction and help improve the morale of the workers. 4. It ensures optimum use of scare resources: Good and harmonious industrial relations create a sense of belongingness and groupcohesiveness among workers, and also a congenial environment resulting
in less industrial unrest, grievances and disputes.
Introduction:
Industrial Relations, Industrial disputes & its grievance handling mechanism Industrial relations constitute one of the most delicate and complex problems of the modern industrial society. In the broad sense, industrial relations cover all such relationships that a business enterprise maintains with various sections of the society such as workers, state, customers and public who come into its contact. In the narrow sense, it refers to all types of relationships between employer and employees, trade union and management, works and union and between workers and workers. It also includes all sorts of relationships at both formal and informal levels in the organization. The significance of industrial relations can be summarized as below: 1. It establishes industrial democracy: Industrial relations means settling employees’ problems through collective bargaining, mutual cooperation and mutual agreement amongst the parties i.e., management and employees’ unions. This helps in establishing industrial democracy in the organization which motivates them to contribute their best to the growth and prosperity of the organization. 2. It contributes to economic growth and development: Good industrial relations lead to increased efficiency and hence higher productivity and income. This will result in economic development of the economy. 3. It improves morale of the work force: Good industrial relations, built-in mutual cooperation and common agreed approach motivate one to contribute one’s best, result in higher productivity and hence income, give more job satisfaction and help improve the morale of the workers. 4. It ensures optimum use of scare resources: Good and harmonious industrial relations create a sense of belongingness and groupcohesiveness among workers, and also a congenial environment resulting
in less industrial unrest, grievances and disputes.