The Role of Trade Unions to Sustain Cordial Labor-Management Relations

The labor union is one of the main actors of Labor-management Relations. It not only bulwarks the rights of employees but withal represents and defends them at different forums when sitting across the table to employer or management association. The labor union generally confers with management association in support of its members, campaigner for improvements/amendments such as economic interests, working conditions, work norms, safety & health, benefits & compensation, and job security. Hence, labor unions play a vital role in order to maintain cordial Labor-management Relations, i.e., employee and employer relationship. However, the roles of labor unions retaliate and reciprocate significantly since 1991 due to the adaptation of LPG (Liberalization, Privatization, and Globalization) modal worldwide. The LPG modal and its special effects on the building incipient India are an ineluctable issue for trade unionists from the region as definitely as it is for trade unionists all the way through the developing world. Globalization has established a multifaceted and comprehensive process for workers around the globe, as are the approaches they have to build up to face its challenges. By the avail of this research paper, we just endeavor to ken what is the pertinence of trade unions in today's globalized world and up to which extent they are pertinent to determine and developer of the cordial Labor-management relations system for overall development of an organization.