Importance of Industrial Relations in Engineering Industry

Abstract

The relationship between employer and employee or trade unions is called Industrial Relation. Harmonious relationship is necessary for both employer and employees to safeguard the interests of the both the parties of the production. In order to maintain good relationship with the employees, the main functions of every organization should avoid as dispute with them or settle it as early as possible so as to ensure industrial peace and higher productivity. Personnel management is mainly concerned with the human relation in industry because the main theme of personnel management is to get the work done by the human power and it fails in its objectives if good industrial relation is not maintained. In other words good Industrial Relation means industrial peace which is necessary for better and higher productions.