Dear all, What is the hidden cost of poor Industrial relations? I am suggesting some costs, please add based on your experience and exposure.
1 - Lost Management time and Productivity.
2 - Low employee engagement
3 - Unhealthy work culture / Stressful work environment
4 - High litigation cost
5 - Labour Turnover cost
6- The cost of Indiscipline
7 - Delay in developmental process/ low level of acceptance
8 - loss of confidentiality
9 - Unwanted third party involvements
10 - Employer Branding cost
Thanks and regards,
1 - Lost Management time and Productivity.
2 - Low employee engagement
3 - Unhealthy work culture / Stressful work environment
4 - High litigation cost
5 - Labour Turnover cost
6- The cost of Indiscipline
7 - Delay in developmental process/ low level of acceptance
8 - loss of confidentiality
9 - Unwanted third party involvements
10 - Employer Branding cost
Thanks and regards,