Industrial Relations Conflict - Business Revision Notes
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Industrial relations refers to the relationship between employers and their employees. This relationship may be positive or negative e.g. poor working conditions will lead to poor industrial relations.
- Increased Employee Moral: employees will be happier in their work and with their employers. This will increase their willingness to work their hardest for the business.
- Extra Effort: employees will put in an extra effort into their work as they like their employer and want to work hard for them. This will lead to increased productivity in the business.
- Employee Retention: employees are more likely to stay in their job if they are happy. Labour turnover and absenteeism will increase and less money will be spent by the company on training and recruiting.
- Employees have Power to make Decisions: the employee will trust employees if they have a good relationship and will delegate work to them, the employer will be less stressed as a result. Employees will make useful contributions to the business as they feel empowered.
- Reduced Chance of Strikes: strikes are bad for the business and are usually as a result from bad employer- employee relationships. Strikes can cause a loss of sales, reputation and a loss of wages for employees.
- Comparability Claim: employees ask...