Employee Relations

Employee Relations

The relationship between employee and employer is very important for any organization. To keep the relationship almost every organization have their methods to communicate the employee needs and managing organizational change to motivate their employees. 

According to Armstrong, (2014) Employee or employment relations are concerned with managing and maintaining the employment relationship. it involves handling the pay work bargain, dealing with employment practices, terms, and conditions of employment, issues arising from employment, providing employees with a voice, and communicating with employees.

The global context of employee relations

Referencing to the studies of Biswas et al., (2018) following main global Employee Relations Trends were being identified.                                        

1. "Centralization of the Employee Relation function

2.  An increasing focus on metrics and analytics

3.  Workplace safety will be in the spotlight".

Employee relations strategy of ABC bank

Proper communication and some strategies of ABC bank preserves a high-quality Sustainable Employee relationship. Its employees are rewarded, career development opportunities are highly available and employment always looks for personal and family matters like sickness, funerals, studies when they needed it.

Conclusion

The benefits of trade unions depend on their circumstances. If they face a monopsony employer they can help counterbalance the employer’s market power. In this case, they can increase wages without causing unemployment. If unions become too powerful and they force wages to be too high, then they may cause unemployment and inflation. It also depends very much on the nature of the relationship between trade unions and employers. If relations are good and constructive, the union can be a partner with the firm in maintaining a successful business, which helps protect jobs and higher wages. However, if the relationship between trade unions and the management becomes confrontational, it can escalate into destructive partnerships which cause a decline in profitability and put the long-term security of jobs at risk.

References

Armstrong, M., (2014) Hand Book of Human Resource Management, Pages 260-  13^th Edition. Kogan Page. London.

Biswas, K., Prikshat, V., Nankervis, A., & Hoquel, R. M. (2018). Bangladesh HR professionals’ competencies: Impact on firm performance and moderating effects of organisation life cycle. Emerald Publishing Limited.