Industrial Relations (IR)
Industrial relations is used to denote the collective relationships between management and the workers.
Main concerns: ◦ trade unionism ◦ collective bargaining ◦ workers’ participation in management
Collective Bargaining & Trade Unions Definition: “Process of negotiation between an employer and trade union”
Primary concern of trade unions ◦ Improved wages ◦ Improved working conditions
Trade unions often described as;
“a permanent opposition” within capitalist order or “an opposition which can never become a government”
Significance of good IR Uninterrupted production Reduction in Industrial Disputes High morale Mental Revolution Reduced Wastage
Why do employees join Unions
Higher wages and benefits
Greater job security
Influence of Rule
Compulsory Membership
Ineffective role of TU in Pakistan
Lack of Education
Lack of commitment of TU leaders
Lack of implementation of labor laws
HRM Functions HR Development
Staffing
HRM
Employee Relations
Compensation & Benefits
Example of Ethical Misconduct in HR Activities
Goals of HRM
Integration
Commitment
Flexibility/ Adaptability
Seeks to evolve commonality of Interest
Quality
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Difference B/w HRM & IR IR Deals with labor law
HRM Deals with management of HR
IR
Comprises
has limited objective
IR
has a large component of rules, which govern the employment relationship.
Emphasize
relations
on collective
of different objectives for the success of organization Deals
with the best way to use the human resource through proper induction, appraisal, training and development, motivation, leadership Emphasis and is onrewards individuals employeremployee relations