A strike is commonly considered the last weapon in the armoury of organised labour for settling industrial disputes. When all other options for amicable settlement of an industrial dispute have exhausted and negotiations with the employer have failed, the workmen resort to strike action. According to the Industrial Disputes Act, 1947, a strike is "a cessation of work by a [...]
Everything you need to know about industrial relations. The term 'Industrial Relations' comprises of two terms- 'Industry' and 'Relations'. "Industry" refers to "any productive activity in which an individual (or a group of individuals) is (are) engaged". By "relations" we mean "the relationships that exist within the industry between the employer and his workmen." In the words of E.F.L. Breach, [...]
Everything you need to know about the importance of industrial relations. Industrial relations are human relations in industry. The importance of the human factor in an industrial organisation is beyond question. Better management of industrial relations in an industry is a sine qua non for the success of the industrial concern. It results in industrial peace which is essential for [...]