The agreement arrived at during the course of conciliation proceeding in industrial disputes is known as
Settlement
Concept: Under the Industrial Disputes Act a dispute can end either by mutual agreement (a settlement) or by an imposed decision (an award); the two differ by who decides.
The terms 'settlement' and 'award' have distinct meanings, and the question turns on the conciliation stage. A settlement is an agreement reached between the parties, and when it is arrived at in the course of conciliation proceedings it becomes a binding settlement under the Act.
Example: If, with a conciliation officer's help, management and the union agree on a wage revision and sign it, that written agreement is a settlement binding on both.
Option check: An award (option 2) is the determination handed down by a labour court, tribunal or arbitrator - it is imposed, not agreed. 'Reward' (option 3) and 'accord and sanction' (option 4) are not statutory terms at all. Since the outcome here is a mutual agreement during conciliation, it is a settlement.
Hence it is known as a settlement.
Similar Questions
In Collective Bargaining, an ‘impasse’ refers to :
Which of the following perceive pluralistic approach to Industrial Relation :
A. Work place conflict is seen as a temporary aberration, resulting from poor management, from employees who don’t mix with organisation’s culture.
B. Trade Unions as legitimate representatives of employees interest.
C. Stability in industrial relations as the product of concession and compromises between management and union.
D. Organisations as coalitions of competing interest, where the management role is to mediate amongst the different interest groups.
E. Conflict arises not just because of competing interests within the organisation but because of division within the society between those who own resources and those who have only labour to offer.
Choose the correct answer from the options given below :
What is the belief among pluralists regarding conflict in organisation?
Which of the following are settlement machineries of industrial disputes under Industrial Disputes Act, 1947?
A. Works Committee
B. Collective Bargaining
C. Conciliation
D. Adjudication
E. Voluntary Arbitration
Choose the correct answer from the options given below:
Match the List-I with List-II
LIST I
Forms of StrikesLIST II
Appropriate MeaningA. Economic strike I. A strike aimed at protesting illegal conduct by the employer. B. Unfair labour practice strike II. A strike that results from a failure to agree on the terms of a contract that involves wages, benefits and other conditions of employment. C. Wild cat strike III. A strike that takes place when one union strikes in support of the strike of another. D. Sympathy strike IV. An unauthorized strike occurring during the term of a contract. Choose the correct answer from the options given below:
Which one of the following is a facility to file anonymous complaints ?
Which of the following are tripartite bodies ?
(a) Indian Labour Conference
(b) Standing Labour Committee
(c) State Level Advisory Boards
Code :
The Right to strike is a __________.
Which one of the following represents a system where by an employer regularly deducts a portion of employee's wage to pay subscription fee of trade union ?
Consider the following elements :
(a) Actors
(b) Inputs
(c) Context
(d) Output
(e) Ideology
Which of these are not the elements of John T. Dunlop's Framework of Industrial Relations System ?
Important Questions from Collective bargaining and workers’ participation in management
Through which one of the following influences of workers’ participation in management regarding ‘safety and welfare and work-related’ issues are resolved?
Assertion A: Workers participation in management is involvement of workers only in such areas of activities of the enterprises where they can make some positive contribution.
Reasoning R: Workers may not be competent enough to understand and appreciate the managerial aspects of the enterprise.
- Which one of the following is not a function of plant council ?
- Which one of the following industrial relations approach believes in state intervention via legislation and the creation of industrial tribunals as supporting management's interest rather than ensuring a balance between the competing groups ?
- What is the term coined for the system of communication and consultation, either formal or informal, by which workers of an organization are kept informed, as and when required, about the affairs of the undertaking and through which they express their opinion and contribute to decision-making process of management ?
