In the context of industrial relations, which option(s) listed below is/are recognised as a method for resolving disputes?

The correct answer is - All of the above

Key Points

• Conciliation
  • A method where a neutral third party helps the disputing parties to reach a mutually acceptable agreement.
  • It aims to improve communication and offer solutions without imposing a decision.
• Adjudication
  • Involves a formal judgment on a disputed matter by an impartial third party, often a judge or a legally appointed individual.
  • The decision is legally binding and enforceable.
• Arbitration
  • A process where a dispute is submitted to one or more arbitrators who make a binding decision on the matter.
  • It is less formal than court litigation and can be quicker and less expensive.

Additional Information

• Industrial Relations
  • Refers to the relationship between employers, employees, and the government, and the institutions and associations through which such interactions are mediated.
  • Effective industrial relations ensure the smooth functioning of an organization and contribute to the overall productivity.
• Labour Disputes
  • Conflicts between employers and employees can arise from issues like wages, working conditions, and employment terms.
  • Resolving labour disputes is crucial to maintain industrial peace and prevent disruptions in production.
• Role of Government
  • Governments often play a role in dispute resolution through labour laws and regulations that facilitate conciliation, arbitration, and adjudication processes.
  • They may also establish bodies or tribunals to handle specific types of industrial disputes.