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Importance of Industrial Relations

Industrial relations refer to the interactions between management and labor in an organization. It promotes democracy by allowing workers to participate in management. It also leads to economic growth and development by boosting employee morale. Additionally, it discourages unfair practices by both management and unions and prompts sound labor legislation. Examples that demonstrate the importance of industrial relations include the National Labor Relations Act protecting workers' rights to organize and the collective bargaining process where unions and employers negotiate contracts. Overall, industrial relations are essential for achieving workplace democracy and human rights.

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Suchandra Sarkar
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68 views7 pages

Importance of Industrial Relations

Industrial relations refer to the interactions between management and labor in an organization. It promotes democracy by allowing workers to participate in management. It also leads to economic growth and development by boosting employee morale. Additionally, it discourages unfair practices by both management and unions and prompts sound labor legislation. Examples that demonstrate the importance of industrial relations include the National Labor Relations Act protecting workers' rights to organize and the collective bargaining process where unions and employers negotiate contracts. Overall, industrial relations are essential for achieving workplace democracy and human rights.

Uploaded by

Suchandra Sarkar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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College name: BP Poddar Institute of Management and Technology

Stream: BBA
Year: 3rd
Semester: 5th
Importance of
Industrial Relations in an Organization
Group member Names:
Soumyadeep Sarkar(Cl roll:2121052; Uni roll: 30105020010)
Soham Debnath(Cl roll:2121049; Uni roll: 30105020068)
Suchandra Sarkar(Cl roll: 2121056; Uni roll: 30105020051)
Ahona Paul(Cl roll: 2121004; Uni roll: 30105020022)
Industrial Relations
definition
Industrial relations may be defined as the
relations and interactions in the industry
particularly between the labour and
management as a result of their composite
attitudes and approaches in regard to the
management of the affairs of the industry, for
the betterment of not only the management
and the workers but also of the industry and
the economy as a whole.

Industrial relations emerge directly or


indirectly from management-trade union
relationship.
Importance of Industrial Relations

01 02 03
Economic Boosts
Promotes
growth and employee
Democracy
development morale

04 05
It discourages It prompts
unfair practices on enactment of
the part of both sound labour
management and legislation
unions
Examples of importance of Industrial relations

● NLRA vs Taft Hartley: The NLRA(National Labour Relations Act) protects workers' rights to engage in
concerted activity and prohibits employers from interfering with those rights. Taft-Hartley protects
the rights of employees who don't want to engage in concerted activity and prohibits labour unions
from forcing workers to become full-fledged union members if they work for a company where the
employees have union representation.

● Union Organizing: Union organizing underlies the concept of industrial relations. Two scenarios are
possible for union organizing to occur: Employees can seek the assistance of a labor union to
represent their interest, or a union organizer can initiate contact with workers to begin an organizing
drive.

● Collective bargaining: The collective bargaining process exemplifies how labour unions and
management come together on mutually agreeable terms and conditions. Collective bargaining
refers to a negotiation process whereby negotiating teams for the labor union and the employer
exchange proposals, counteroffers and concessions to achieve a union contract.
Conclusion

Industrial Relations is essential for achieving


democracy as it allows the workers to take part
in the management, which helps to ensure and
protect the human rights of individuals. In
today’s world, the organizations realize that
Human Resource is the biggest asset and are
adopting policies like job rotation, competence
building etc which promotes the overall
development of the workers and hence it helps
in maintaining and establishing good relations
at the workplace

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