NAME OF THE UNIVERSITYQANTAS AIRLINEINDUSTRIAL RELATIONNAME OF STUDENTADM. NO. COURSE NAME: COURSE CODENAME OF LECTURER9/8/2012A REPORT ANALYSING THE INDUSTRIAL RELATIONS PRESSURES EVIDENT IN AN INDUSTRYIntroductionIndustrial relations refer to the relationships in the midst of employers, government, employees, management and trade unions. It encompasses any kind of associations be it formal or informal in the organisation. Industrial relations form a key component in the present industrial society. Industry today is not viewed as a business of employers alone nor has a sole aim of making profit, it’s considered to be a business enterprise established on decisive cooperation between management and labour (Bray et al 2011).
As such, production and social good is considered as its eventual success is contributed by management and employees. Dynamics of Industrial Relations in Contemporary SocietyThe dynamics of life nowadays has made work to become a basic to the human coexistence, though, labour these days is no more unorganised group that is ready to obey without detest or protest on terms of employment (Dabscheck, 2009). Management has to handle workers at present as individuals with conscious minds as well as members of organized social groupings, which are well-informed on their working rights and possess strong bargaining power.
Work establishes what we ought to do in our daily life and preoccupies much of our thoughts. It enhances our interactions and aid in defining our sense of identity as it offers us with material necessities of life and attainment of civilisation. Bray et al (2011) emphasises that work allocation and remuneration, together with its organisation and management are of significance importance, how these are carried out in any gainful employment explains much more about the perceptions and ideals we embrace as a society.
For this reasons, the aim of changing and keeping sound industrial relations is not only to focus in resolving disputes but also to safeguard the cooperation among the workers in the ways of industry. In any industry, the issue of maintaining smooth industrial relation is not an easy task. Most industrialised nations and leading corporations around the world find themselves struggling to establish and maintain effective management of the workforce relations in their systems. Each country and industry has sought to find a working solution, based upon its economic, social and political environment.
For example, in Australia, government formulated a Fair Work Act as governing frameworks of its labour market. The statute is perceived to be pertinent means of balancing the play grounds between the workers and employers, therefore promoting the most favorable functioning of Australian labour markets. However, industrial conflict still arises and thus formation and upholding of acceptable work relations forms a significant position in the human resources policies of contemporary organisation. Significance of industrial relationsUpholding of satisfactory industrial relation practices is significant for the effective operation, survival and growth of any industry.
Good industrial relations leads to increased efficiency in work operations and hence success to the organisation. The importance of industrial relations is summarized below; It creates industrial democracy. Industrial relations entail solving of workers disputes through collective bargaining and mutual agreement. This helps in creating a social equality in the organisation which motivates employees toward a common goal that result to growth and development of organisation. It contributes to economic growth. Good industrial relationships results to increased efficiency, earnings and productivity, which leads to economic growth and development. It improves workforce morale.
Collective bargaining leads to better working conditions and increased income. This motivates workers because of job satisfaction. It ensures optimal utilisation of scarce resources. Pleasant-sounding industrial relations build a sense of belonging among workers and minimise cases of industrial unrest. This will eliminate wastage leading to optimum use of resources at the workplace. It contributes to ratification of favourable labour legislation. Industrial relations lead to enactment of certain labour laws that promote and protect welfare of employees and interest of employers.
For example, the ratification of Fair Work Act in Australian labour market (Bray et al, 2011). It facilitates change. Sound industrial relations assist in improvement of team work, performance and general productivity and thus taking full advantage of latest innovations and technology. It aid employees to adjust easily to changes.