Dynamic Context of Industrial

Relations
 Dynamic Context of IR
• Globalization and National Economy
• Responses to competitive pressures
• Changes in employment practices.
 Globalization and National Economy
• Liberalization of trade
• Investment and Capital flow
• Technological Advances
• Pressure for assimilation towards international
standards.
 Impact on Economy
• FDI
• Technological innovation
• Growth of trade in services
a. Financial
b. Legal
c. Managerial
d. Information services
 Disturbance in IR
1. Current IR arrangements
2. Status quo between labour and capital
3. Contradictory impact on IR
 Responses to competitive pressures
• Discrimination
• Workplace safety
• Employee privacy rights
 Changes in Employment Practices
• Job design
• Work organization
• Skills development
• Employment flexibility
• Job security
 Factors affecting IR
• Economic Factors ( demand and supply of labour,
working class, strength)
• Technological Factors ( techniques of production,
automation, modernization)
• Social and cultural factors( norms, values , beliefs)
• Institutional Factors( government policy, labour
legislation, functioning of labour court)
• Political factors ( formulation and implementation of
policies)
• Organizational Factors ( style of management,
organizational climate, extent to competition)