Labor unions exist to collectively bargain on behalf of employees for higher wages, better benefits, and more influence over work rules through compulsory membership. Unions form when employees are dissatisfied with management. Labor laws in India aim to regulate issues like strikes, lockouts, child labor, migrant workers, forced labor, and political disturbances. Collective bargaining is a process between unions and management that can result in agreements or disputes impacting production, efficiency, and commitments for both parties. Reform is needed to make labor laws less rigid and attract more foreign direct investment.

1. Labor
Management
Environment
A presentation by -
Ishita Shah (A003)

3. What is a Union ?

4. Who are the stakeholders involved?

5. Why do employees “Unionize” ?
Higher
wages &
benefits
Greater
Job
Security
Influence
over work
rules
Compulsory
membership
Dissatisfaction
with
Management

6. How labor relations have evolved
in India?
• Most rigid labor law country
• 487 million workers

7. What is the need to have labor
laws?
• Man-days lost due to strikes &
lockout
• Child Labor
• Migrant Workers – 30 million
• Forced Labor
• Political Disturbances

8. Hence,

9. What is a Union ?
“Collective bargaining”
How

10. Collective Bargaining : Process
How

11. Collective Bargaining : Possible
Outcomes

12. Implications for Managers
• Halts in Production
• Lost efficiency of Managers
• Wastage of time and resources in
Labor disputes

13. Implications for Managers
• Challenge to corporate objectives and commitments
of product delivery
• Loss of FDI for domestic managers

14. Thank you…