Human Resource Management of business organization is responsible to various responsibilities to ensure the operations of the business are possible with adequate staff and necessary skills are in them. Playing the most important service for any business, human resource manager are responsible to the most important and challenging aspect that is employee employer relations. This aspect of human resource management gets recognition in the organization, among the employee, national government and international body. Employee employer relations are the most critical aspect of human resource management for a country in a bigger picture.
Various technical aspects mostly law, need to be well understood and practice by the human resource manager or industrial relation manager of a business organization.
All this is process and procedures was not built in a day, many years of labor relations have educated the world society on the improvement and necessary for having a stable and fair industrial relations.
“Companies and their workforces must offer that little bit extra to survive and win in the global economy. This is where good employment relations play a vital role. When employers, employees and trade unions or other employee representatives work together in a relationship of mutual trust the benefits are enormous”
1.1 Definition of Employer Employee Relations
Employer employee relation or employment relations is the relationship between an employer and his employees, as individual or as a group (Maimunah,2009). Scholars have defined and given various name such as industrial relations (IR), labor relations. The matters which studied in these relations are employment terms and conditions, ground of terminations and the formation and power of the trade unions. Employment relations is a topic which need to be given importance in all organizations, business and non-business sectors, national government and to international level as well.
1.2 Tripartite Industrial Relations Systems
Employers, employees, government are the three key role players in employment relations. Employees can be an individual employee or can be collectively known as Trade Union (TU). It is well understood that these three players are important in ensuring the success of a nation and responsible in get the recognition from the international society. Each of these players has their own aim and goals which are important for them safeguard, nurture and build an harmonic environment to ensure stabilize country in the sense to attract foreign direct investment (FDI). Each of the party involve in these relations, having their own aims:
i) Employers – want to maximize profit and ensure long-term survival.
In such cost reduction and increase sales is a must.
ii) Employees – want to earn higher pay, steady income...