Industrial Relations

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"Industrial Relations" is a comprehensive textbook specially designed to meet the needs of MBA students. It discusses theories and the policy framework and their impact on the relations between labour and management in the manufacturing sector. It explores core concepts explained through managerial applications, particularly in the Indian context. The exposition provides in-depth coverage of the four keycomponents of industrial relations: theoretical framework, institutional structure and policy framework, and industrial relations in practice. This provides a framework of analysis to better understand how managers can effectively tackle problems related to relations with unionised workers' groups. This book contains well-illustrated chapters, in particular, on trade union structures, collective bargaining, dispute resolution and industrial harmony, employment security and management of redundancies, and issues in labour policy and reform. Emerging areas such as competitiveness, productivity, technological change, and industrial relations, industrial relations and human resource policies, and ILO, India and international labour standards, are added features. Users shall find this book highly useful for its coverage of the policy framework for labour and industry on managerial decision-making, the management of trade unions in India, guiding issues for organizations on labour policies and reform, collective bargaining, rewards systems, and employee participation in the management of industrial relations. It also presents an analytical interpretation of labour statistics and data, through caselets, tables, diagrams and annexures.