How can we decipher the concept of Industrial Relations? Industrial Relations is a dynamic and developing concept. It is described as a relationship between employers and management of the enterprise and the employees or among employees and their organizations or Employers, Employees and their trade unions, and the government. Three popular approaches to industrial relations are the unitary approach, pluralistic approach, and Marxist approach. Good industrial relations result in higher productivity and hence income, give more job satisfaction, and helps to improve the morale of the workers. Their objective is to change the traditional views of management and labor towards each other and develop mutual understanding and co-operation and work towards the achievement of a common goal. The field of industrial relations influences the distribution of wealth in society and the quality of life for workers and their families.

Abhijith S

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