Labor management relations looks at industrial life, such as collective bargaining, trade unions, discipline and grievance handling and disputes, employee participation in management and the interpretation of labor laws. The collective bargaining process is a key part of labor management relations. It desires to reach an agreement for all employees and workers in a given company or workplace and it focuses on issues or problems such as wages, working hours, promotions, benefits and other employment terms. Labor-management relations aim to protect the interests of labor and management. It targets the highest level of mutual understanding among all sections in the industry which take part in the production
Labor management relations looks at industrial life, such as collective bargaining, trade unions, discipline and grievance handling and disputes, employee participation in management and the interpretation of labor laws. The collective bargaining process is a key part of labor management relations. It desires to reach an agreement for all employees and workers in a given company or workplace and it focuses on issues or problems such as wages, working hours, promotions, benefits and other employment terms. Labor-management relations aim to protect the interests of labor and management. It targets the highest level of mutual understanding among all sections in the industry which take part in the production