Introduction of industrial relations

1. INTRODUCTION OF
INDUSTRIAL RELATIONS
Submitted by : Sakshi
Soneja
Roll no.-
1950510

2. Topics covered:-
 Concept of industrial relations
 Characteristics
 Objectives
 Importance
 Actors in industrial relations system
 Factors affecting IR
 How to build sound IR

3. Concept of Industrial Relations
 The term “Industrial Relations” comprises two
words:
‘INDUSTRY AND RELATIONS’
 ‘Industry’ refers to any productive activity in which
an individual or group of individuals are engaged.
 ‘Relation’ means the relations that exist in the
industry between the employer and his work force.

4.  A process by which people and their organization
interact at the place of work to establish the terms
and conditions of the employment.
 Industrial Relations commonly denotes – “
employee-employers relations” in both organized
and unorganized sectors of the economy.
 Industrial relations also known as Labor
Management Relations or Labor Relations.
 Industrial relations also study the laws, rules,
regulations, agreements, customs and traditions as
well as policy framework laid down by the govt. for
co-operation labor and management and defining
rights obligation of both the parties.

5. Characteristics of ir
 Employee and employers relationship.
 Interactive and continuous Process.
 Two way communication.
 Dispute settlement process.
 Dynamic and developing concept.

6. Objectives of ir
1. Improving the economic condition of the labor in
the existing state of industrial management and
political govt.
2. To safeguard the interest of labor and
management by securing high level of mutual
understanding and goodwill between all sections
in the industry.
3. Establish and foster sound relationship between
workers and management.
4. Avoid industrial conflicts and strikes by
developing mutuality among the interests of
concerned parties.

7. Importance of ir
• Foster industrial peace.
• Promote industrial democracy.
• Benefits to workers and management.
• High employee morale.
• Lead to mental revolution.
• Improve productivity.

8. Actors in industrial relations system

9. Factors affecting Ir
Economic
factors
Working
condition
Wage and
salary
structure
Bonus and
profit
sharing
Job and
social
security
Political
factors
Improving
the
international
relations
Implementin
g
international
laws
Improving
national
political
situation
Technolog
y factors
Scientific
technique for
production
High degree
of
modernization
Scientific
management
Social
factors
A supportive
environment
requires both
economic,
social and
psychological
rewards.

10. HOW to build sound ir
 Developing trust between labor and
management.
 Existence of sound and democratic trade
unions.
 Maintenance of industrial peace.
 Continuous feedback and monitoring.