Identify the Meaning of "Labour Relations Strategy" and Describe Four

question 47

Essay

Identify the meaning of "labour relations strategy" and describe four alternative strategies that could be adopted.

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Definitions:

Job Turnover

The rate at which employees leave a company and are replaced by new employees.

Employee Engagement

Refers to the extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work.

Being a Company Man

A term used to describe an employee who is extremely loyal to their company, often to the extent of prioritizing the company's interests over personal ones.

Absenteeism

The frequent absence of an employee from work without valid reasons, which can negatively impact business operations.