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Is Industrial Harmony a Myth ?

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Is industrial harmony a myth?

By: Pratik Hire
Roll No: 90
Section: B

The employment relationship between employer and employee is a very special type of exchange. One crucial distinguishing feature is that it involves both market and managerial relations: a price is fixed for the labor expended, but management then determines the tasks actually carried out. Another feature is that the relationship is in a state of continuous flux. There are constant pressures for one party or another to adjust it: employees or employers may want to adjust the price or the content and manner in which work is carried out. Conflict is thus an inherent feature of the employment relationship. But the pursuit of self-interest is so deeply ingrained in the human nature that the tendency has been always for the top-dog to exploit the under One. Industrial harmony thus, has always been seen as an ideal concept.
The objectives of maintenance of industrial harmony is not only find out ways and means to solve conflicts or to settle differences but also to secure the unreserved cooperation of and goodwill among different groups in industry with a view to drive their energies and interest towards economically viable commercially feasible ,financially profitable and socially desirable channels. It also aims at the development of a sense of mutual confidence, dependence and respect and at the same time encouraging them to come to closer to each other for removing misunderstanding, redressing grievances, if any, in a peaceful atmosphere and with open mind and fostering industrial pursuits for mutual benefits and social progress. But the maintenance of congenial industrial relations, particularly in a democratic society like ours is not only a significant task but also a complicated one. Industrial harmony is ideal and its existence is not felt in most organizations, as they are unstable

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