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Labor Relations

strategies to improve

PLACE YOUR LOGO HERE

INTRO

major aspects of labor relations

INTRO

focus area

safety

1

2

compensation

TODAY'S

SCHEDULE

3

respected human rights

Strategies

that achieves basic LR goals

solution

efficiency

Efficiency

  • managing overtime hours more effectively
  • setting goals and performance based incentives
  • identifying main stream of wasted time

equity

designing safe and sound work environment

equity

helping employees to educate themselves and one another

implementing flexible working time and schedules

Fair treatment of individual employee

Fair pay/compensations regarding the job or performance

avoiding discrimination against gender, age, ethnic group/religion, etc.

voice

board of directors

Voice

CEO

  • encourage people speak up
  • ensuring leaders set right tone and climate in workplace
  • discouraging hierarchy
  • decentralized management style

Top management

mid management

supervisors

steps to take

execution

Consideration of size

step 1

as some strategies may come at higher cost for smaller entities

in terms of market value

features market value

annual revenue

stock price

market share

in terms of number of employees

Number of employees

  • the more employees, the bigger work flow
  • the bigger work flow, the higher revenue
  • the higher revenue, the better market value

Thus, it requires greater focus on managing/caring for people much better.

step 2

Timing

when changes occur

Internal changes

External changes

changes in management

changes in law, legislation, political reforms

changes in market, new products, new competitors

changes in production volume

changes in environment, climate, and so on.

changes in operation

step 3

Evaluation

Details

After implementation

KEY RESULTS

increased level of job satisfaction of employees

increased level of productivity and effectiveness

growth in market share, stock price, and overall performance

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