Objectives of Industrial Relation

What are the objectives of Industrial Relation?

E

Expert

Verified

Objectives of Industrial Relation are:

1. Industrial Relation safeguards the interest of labor and management through mutual understanding and goodwill among those parties in the industry which actively participates in the process of production.

2. To raise productivity of the industry at a higher level this is the need of the day to contribute to the economic development of the country.

3. To avoid all forms of industrial conflict.

4. To minimize labour turnover and absenteeism by providing job satisfaction to the workers and increasing their morale.

5. To minimize the occurrence of strikes, lockouts and gheraos.

   Related Questions in Business Management

2015 ┬ęTutorsGlobe All rights reserved. TutorsGlobe Rated 4.8/5 based on 34139 reviews.