Understanding Union-Management Relations: What Are the Key Concepts You Should Know?

Good afternoon to everyone. I want to know more about the concepts of union-management relations.

The Basic Concept of Union-Management Relations

The basic concept underlying union-management relations is to balance mutual rights with mutual obligations and strive to achieve win-win situations whenever there is friction. This is accomplished through dialogue, negotiations, and settlements.

Regards,
B. Saikumar
HR & IR Advisor

Saikumar ji has correctly explained the relationship between unions and management. There should always be a win-win situation in any relationship. Unions and management are like the two wheels of the same chariot. These two wheels should be of the same size and strength to run smoothly. No one should have the upper hand over the other for the smooth operation of the company. Both parties should maintain a cordial relationship. This is just an additional point to what Saikumar ji mentioned.

Thank you.