Industrial Relations:
The relations between employer and employee through their
trade union is called industrial relations.
Good industrial relationship has the following advantages:
ӹ Reduces industrial disputes.
ӹ Improves morale of workers.
ӹ Develops positive attitude among employees.
ӹ Promotes better amenities, wages and welfare measures.
ӹ Improves production and productivity.
Industrial Disputes:
“Any dispute or difference between the employer and employees
or between employees and workmen, or between workmen and workman,
which is connected with employment or unemployment or the terms of
employment or with the conditions of labour of any person”.
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Causes for Industrial Disputes
Financial Factors
ӹ Wages
ӹ Allowances
ӹ Bonus
ӹ Financial
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