Labor

Management

Environment

A presentation by -

Ishita Shah (A003)

What is a Union ?

Who are the stakeholders involved?

Why do employees “Unionize” ?

Higher wages & benefits

Greater Job

Security

Influence over work

rulesCompulsory membership

Dissatisfaction with

Management

How labor relations have evolved in India?

• Most rigid labor law country• 487 million workers

What is the need to have labor laws?

• Man-days lost due to strikes & lockout

• Child Labor• Migrant Workers – 30 million• Forced Labor• Political Disturbances

Hence,

What is a Union ?

“Collective bargaining”

How

Collective Bargaining : Process

How

Collective Bargaining : Possible Outcomes

Implications for Managers• Halts in Production

• Lost efficiency of Managers • Wastage of time and resources in

Labor disputes

Implications for Managers• Challenge to corporate objectives and commitments

of product delivery • Loss of FDI for domestic managers

Thank you…