In simple terms industrial relationships can be called multidisciplinary field that refers to the employment relationship. Sometimes it is also named employment relationship because of the negligible importance of non industrial employment relationship. But to consider it just as labor relations is an oversimplification because it has much more to it.
Technically speaking Industrial relations defined in business terms as “Employer – employee relationships covered specifically under collective bargaining and industrial relations law.”
hnically speaking Industrial relations defined in business terms as “Employer – employee relationships covered specifically under collective bargaining and industrial relations law.” Industrial relations not an outdated topic There are a number of researchers who assume that Industrial relations study has become obsolete and proposed closure of UK’s most study centers on the subject as (Darlington1 (ed.) (2009). They believe that academic industrial relations are obsolete and are no more required. It has been replaced and dealt better in newer subjects such as HRM, Human resource management and OB organizational behavior. These subjects deal with the human factor while industrial relations study focuses on the collective approach. Collective institutions and processes (trade unions, strike and collective bargaining. Three aspects of employment relationship Those who believe in industrial relation perspective identified three important aspects. They are as under. (Trevor Colling, 2010) Indeterminacy Inequality of employment relationship Dynamism Indeterminacy Indeterminacy in the sense, that unlike other contracts it does not involve physical exchange of goods and services for money. But the contract is made on the basis of the capacity to perform and produce the desirable and the potential to purchase those goods services. In the labor contract a worker or employee only sells his ability to work which is intangible which can only be materialized when the actual work is done and the worker is involved in the production process. A gap can exist between the perceived, expectation standard of performance and the actual one. Inequality of employment relationship Inequality exists in the relationship between the employee and employer. An employee is not usually in