Posts

Employee Relations and Credit Risk

Image
(Image Credit : https://www.pexels.com) Industrial relations in an industry only incorporates cohesion between employees and employers, decision-making and capital investment.The hidden cost of poor industrial relations arises because poor management of the above can lead to revenue and unrest in an industry     What is the hidden cost of poor industrial relations?   1-  Lost Management time and Productivity. 2 - Low employee engagement 3 - Unhealthy work culture / Stressful work environment 4 - High litigation cost 5 - Labour Turnover cost 6- The cost of Indiscipline 7 - Delay in developmental process/ low level of acceptance 8 - loss of confidentiality 9 - Unwanted third party involvements 10 - Employer Branding cost Consistent with the theory that people management influences organizational performance and risk, I believe that employee relat...

Labour Laws in Sri Lanka Which Foster a Healthy Employe and Industrial Relations.

Image
L abour law, Body of law that applies to matters such as employment, wages, conditions of work, labour unions, and labour-management relations. These are more important to make sure employee relations are happening  in a company in a standard way and these employee and employer relations are meeting the country specific legal  requirements. Since the labour laws have defined how every thing should happen between employee and employer both parties are bound by the law to maintain healthy relationship.Objective of the labour laws are the better employee and industrial relations.         By implementing labor laws, companies can keep their employees satisfied and happy. To create mutual understanding between both parties minimizing conflict, these laws help to avoid employee disputes, which causes more clashes between them.        Retain Employees     ...

Employee Relations and Organizational Performance

Image
The  result of good e mployee relation The quality of the employee's workplace relationship that most impacts on the level of employee's motivation and subsequent performance. How well they engage with the organization, especially with their immediate environment that are in most cases with their superiors, influences to a great extent their performance.  Happy employees are as a result of good relationship with management.  An employee with a positive attitude usually enjoys the work that they do and feels empowered and recognized for their contributions . Employee relationship and communication for better organizational performance   Communication is not only of the utmost importance in our everyday life, but also plays a crucial role in the workplace. It is one of the most consequential factors that either changes or destroys the relationship between an employer and an employee. A healthy employee relationship ensures a positive working atmosphere and also helps e...

Common Employee Relations Issues And How to Minimize Them

Image
(Image Credit : https://www.dreamstime.com/ ) The interpersonal dynamics among a company's employees can determine whether it succeeds or fails. As a result, companies must manage and preserve good employee relations in order for their business to succeed.  Employers are likely aware that problems with workplace employee relations are always a potential. If these problems aren't fixed, they can escalate into more serious ones. Conflict Management Struggle can occur in any climate, and the work environment is positively the same. Situations that can arise frequently include disagreements among employees or direct disagreements between employees and business owners. A business will only continue to thrive if you have a method for conflict resolution that works. The manner in which the two parties communicate—or whether they communicate at all—is one of the most significant issues. The conflict has the potential to get much worse if there isn't an easy way for the two parties ...

Role of Managers on Employee Relations

Image
(Image Credit :  https://www.pexels.com/photo/focused-colleagues-brainstorming-in-boardroom-5324939/ ) Managers do play a critical role in the management of employment relations across diverse organisational types. Storey (1992) suggests that the people management decisions that are made within organisations must not be treated as “incidental operational matters”, or to be left to the HR department. Rather, managers must understand their role as the link between the strategic direction of the organisation and the management of staff members.   According to the research conducted by CIPD (2007), it revealed that the practice of managers implementing upward feedback, communication, and consultation system within the organization, treating employees fairly are the factors that promote employee relations. Cleland, Mitchinson, and Townend (2008) reported that the employees believed they feel more satisfied and engaged when the relationship with their managers is based on respe...

Industrial Relations vs. Employee Relations

Image
              ( Image Credit :  https://www.pexels.com  ) Employee Relations   Essentially, employee relations concerns "the emotional, physical, and practical relationship between employer and employee. It refers to the relationship between management and employee. Relations with employees can further be like the efforts of an organization to create and maintain a positive relationship with its employee. Therefore, in order to foster and maintain this positive relationship, it is imperative and essential that management sees them as stakeholders in the business rather than as economic beings or paid work. Industrial Relations The term industrial relations came into common use in the 20th century for two main reasons. Industry grew dramatically across North America to fuel the World War I effort as union membership correspondingly brought industry increasingly involved in collective bargaining with unions. For us in Trinidad and Tobago w...