The concept of Industrial Relations encompasses elements such as wages, benefits, work hours, job security, and other employment terms impacting the well-being of employees, including new concepts like remote work. In contemporary human resource management, the definition of industrial relations now entails a comprehensive examination of labour-management issues within the context of both human resources planning and organisational effectiveness.
Understanding Industrial Relations is essential for HR professionals as they influence the overall work environment, employee morale, and the organisation's ability to attract and retain talent. This is especially pertinent in companies where the HR function is managed by a single individual. A sound understanding of industrial relations enables HR professionals to navigate complexities, uphold legal standards, avoid mistakes, and contribute to the overall success of the organisation.