“Industrial Relations” refers to the relationship between employers, employees, and the government, and the systems and processes that govern this interaction within the workplace. It encompasses the negotiation and administration of employment terms and conditions, including wages, working hours, and working conditions. Industrial relations also involve conflict resolution mechanisms, such as grievance procedures and collective bargaining agreements, aimed at maintaining a harmonious work environment.
For example, a company and its employees might engage in collective bargaining to agree on a new labor contract, addressing issues such as salary increases and improved working conditions. Effective industrial relations are crucial for preventing disputes, fostering a positive work culture, and ensuring legal compliance with employment standards.
Related Terms:
Occupational Health and Safety (OHS)
