Labour & Industrial Relation Demands in 21st Century

• Employment Security: This is fundamental in order to enhance productivity and performance
  
•  Selective Hiring: This is common in organisation with positive industrial relations (in line with international standard practices). The selective hiring could be by attraction, retention, development and enhancement of human capital through various empowerment programs.
• Teaming ( Team work) / Self-Management Teaming
• Comparative High Compensation: This is all about tying wages or payments or compensation to performance.
• Extensive Training [Human Development and skill building]: This is also a vital demand in 21^st century organizations. This enhances human capital competence and self-initiatives in individuals. Example is the Japanize approach to individual relations (Japanization i.e. The Japanize approach to human resource management).
• Reduced Differences in status: Allowing employees become partakers( Shareholders) in company’s shares bridges differences in status
•  Information Sharing: This breeds openness and trust in an organisation…