Industrial DisputesBroyston Dias

Industrial disputesMeaning:- it is some sort of difference

of opinion between employer & employees

Causes of industrial disputes

Causes can be classified as follows:-A) Monetary causesUn-satisfactory rate of bonus paymentUnsound profit sharing agreementUn-satisfactory remuneration:-eg low

wagesLow rate of over-time wagesAbsence of provident funds and other

b)Non- monetary causesUn-satisfactory working facilitiesInadequate leave facilitiesAbsence of workers participation in

managementC) Personal CausesPartial promotion & transfer policyRetrenchment & dismissal of workersUnfair treatment given to workers

Effects of industrial disputesA) Effects on employersIndustrial production goes downWastage of resourcesMinimises earningsMarket reputation gets affectedPossibility of closure of unitB) Effects on employees

Contd....Low bonus paymentsLeads to labour turnoverNon –payment of remunerationEmployer may declare lockoutIndustrial sicknessC) Effects on societyUn-employmentShortages and price riseAdverse effect on economic growth

Measures to prevent industrial disputesSatisfactory working conditionsFair rate of overtime wagesSatisfactory profit sharing agreementSatisfactory rate of bonus paymentFair and satisfactory remunerationWorkers participation in managementProvision of job security

Forms of industrial disputes

A) Employer sidesGheraoMorchasStrikeDamaging organisation propertyGo slow policy

B)employer sidelock outClosure of unit

conclusionIndustrial disputes are harmful,

undesirable and even dangerous they must be avoided at initial stage industrial disputes must be replaced by industrial peace this helps in maintaining smooth survival and growth of industrial unit

referenceIndustrial management N.G kalewww.wikipedia.org