GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Majority of the disputes in industries are related to the problem of ____
A
Wages
B
Salaries
C
Benefits
D
All the above
Explanation: 

Detailed explanation-1: -Majority of the disputes in industries are related to the problem of Wages, Salaries and Benefits.

Detailed explanation-2: -Causes of industrial disputes can be broadly classified into two categories: economic and non-economic causes. The economic causes will include issues relating to compensation like wages, bonus, allowances, and conditions for work, working hours, leave and holidays without pay, unjust layoffs and retrenchments.

Detailed explanation-3: -The most striking cause of industrial disputes in India is the demand for higher wages and allowances by the workers. While the price level has been increasing constantly at a higher rate but the increase in the rate of wages could not keep pace with it.

Detailed explanation-4: -Break-down of communication. Lack of appreciation and respect. Change of economic and commercial circumstances. Differing legal concepts / change in law. Technical problems / defective products. Differing views of underlying facts. Impact of third parties / force majeure.

There is 1 question to complete.