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Industrial Relations

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Industrial Relations
Industrial Relations
&
Labour Policies
(Concept, Origin, Theories & Strategies)

Submitted To :- Submitted By :-
Dr. Laxmi Amandeep Kaur Anshul Chhabra Arjita Malik Shivendu Sharma

Industrial Relations & Labour Policies
Industrial relations is a discipline that concerns itself with the study of the relationship between employers and employees at an organization, industry or a nation level. It also concerns itself with the two way interaction that the State may have in influencing the relationship.

State
Employers
Employees
Relationship
Employer
Groups
Context &
Rules
Structure
Groups of Employees
Trade Unions

Concepts * Industry
Any productive activity in which an individual (or a group of individuals) is (are) engaged.

* Relations
The relationships, those exist within the industry, between the employer and his workmen. * Collective Bargaining
All negotiations which take place between one or more employers or employers’ organizations on the one hand, and one or more workers’ organizations on the other, for determining working conditions and terms of employment or for regulating relations between employers and workers.
Collective bargaining concept can be viewed from three perspectives – the ‘market’ perspective, which views collective bargaining as the means by which labour is bought and sold in the marketplace. In this context, collective bargaining is perceived as an economic and an exchange relationship i.e. the pay, hours of work and fringe benefits.
The ‘rule-making’ perspective regards collective bargaining as an institutional system or rule-making process, which determines the relation between management and trade union representatives, e.g. political and power relationships.
The ‘business’ or ‘employee relations’ perspectives of collective bargaining views the institution as a participative decision making between the employees and employers, on the matters

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