INDUSTRIAL JURISPRUDENCE is a method of introducing civil rights into industry that is, of requiring that management be conducted by RULES rather than by Arbitrary Decisions.
It establish the rules which define and restrict the traditional authority exercised by the employer over their employees, placing a part of the authority under the joint control of union and management.
According to S.H. Slitcher, “Collective bargaining is the beginning of industrial jurisprudence. It is a method of enforcing citizenship right in industry i.e. management should abide by certain ruler rather than taking arbitrary decision.”
In simple words, collective bargaining is a process, a technique or device to protect the interests of the employers and the employees to determine the employment conditions, to fix the wage and salary and achieve the objectives of the organisation. It is not a decree from outside parties. It represents voluntary conciliation and voluntary arbitration and is never a compulsory adjudication.
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