The future requires all the social partners to work together, replacing confrontation by cooperation and collaboration.
There must be a major paradigm shift from dependency on oil and gas revenues to support artificially high employee compensation without regard for productivity.
Many have questioned whether there is a need for the Industrial Court as some of its judgments have been criticized.
Thus, it is evident that good industrial relations is the basis of higher production with minimum cost and higher profits. Industrial progress is impossible without cooperation of labors and harmonious relationships.
Moonilal as mentioned previously. At the same time the need for public sector reform was acknowledged in many small states. Human resources are playing an important role in attaining economic development of a country. Low wages, long working hours, monotonous and dangerous work, and abusive supervisory practices led to high employee turnover, violent strikesand the threat of social instability.
Meaning of Human Resources: In particular, the two predominant sub-groups in the pluralist perspective are the management and trade unions. Proper utilisation of natural endowments and the level of production of national wealth depend very much on the extent and efficiency of human resources. In this essay we will discuss about Human Resources.
However, neither of the models pays close attention to the respects of employment relationship. Their significance may be discussed as under — Uninterrupted production — The most important benefit of industrial relations is that this ensures continuity of production.
Areas of HRM oversight include employee recruitment and retention, exit interviews, motivation, assignment selection, labor law compliance, performance reviews, training, professional development, mediation, change management and some extent of Industrial Relations. Moreover, improved health facility can enhance physical capacity of workers.
Moreover, it is common to combine the two academic fields as one integral course named HRM and IR in contemporary university and college teaching. Thus in view of its importance, it is quite essential to know both in quantitative and qualitative terms, the size, rate of growth, the composition, distribution and all other demographic features of population of India.
The term industrial relations explains the relationship between employees and management which stem directly or indirectly from union-employer relationship. The perspective of the critical school is sometimes referred to as the conflict model, although this is somewhat ambiguous, as pluralism also tends to see conflict as inherent in workplaces.
These countries are suffering from lack of critical skills required for its industrial sector and also face the problem of surplus labour force in its farm sector. However, the right to approve of not approve any agreements reached was reserved to the Governor General after Independence.
It covered seven areas, three of which were elaborated in some detail. The resources are fully utilized, resulting in the maximum possible production. Each offers a particular perception of workplace relations and will, therefore, interpret such events as workplace conflict, the role of unions and job regulation differently.Human Resource Management and Industrial Relations (HRIR) is a multidisciplinary area that investigates all aspects of employment relations in the public and private sector.
Modern organisations increasingly regard staff as their most valuable asset and a chief source of competitive advantage. The human resource management function employee relations Why IT IS ImporTaNT The role of human resource managers in employee relations under a decentralised approach Relationship to business objectives industrial relations usually refers to the resolution of confl ict between.
The fields of Industrial Relations and Human Resource Management have been subjects of intense academic study since the time of their inception. Compare and Contrast “Industrial Relations” and “Human Resource Management” With the rapid pace of globalization, economic development and the more fierce.
Industrial relations is increasingly being called employment relations or employee relations because of the importance of non-industrial employment relationships; this move is sometimes seen as further broadening of the human resource management trend.
Essay on Human Resources. Article Shared by. ADVERTISEMENTS: In this connection Prof.
Galbraith was of the view that “we now get the larger part of industrial growth not from more capital investment but from investment in men and improvements brought about by improved men.” Essay # 3. Role of Human Resource in Economic Development.Download