Labor Relations: The System for Employer-Employee Interactions
Understanding Labor Relations
Definition and Scope
Labor relations, also known as industrial relations, refers to the systematic framework governing interactions between employers, workers, and their respective representatives. This system establishes rules, procedures, and mechanisms for defining working conditions, resolving disputes, and fostering collaboration.
Key Concepts
Labor relations encompasses a wide range of concepts, including collective bargaining, grievance procedures, wage negotiations, and union representation. It seeks to balance the interests of employers and employees, promoting harmonious relations that support productivity and organizational success.
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