3. Employee Relations

  Employee  relationship  management  (ERM)  refers  to  the  development  of  the relationship between the organizational management  and the employees. There are  several issues in ERM which can affect employee satisfaction as well as influences the productivity and overall corporate culture. It also refers to the relation between the different employees of an organization. The relationship can be between employee and the management as well as between employees at the same organizational hierarchy. It is nothing but a technique which binds the  employees and  the management  together on  a common  ground and  leads them towards  the  organizational  goal.

 Employee relationship is the way employees deal with the employer. In other words, the relationship between employers and workers in their workplace. Employees who work with the employer can work individually or collectively. It can be two or more. As it grows, it can become a team. Then a group of people dealing with the employer says something similar to the union.

    Employee relations are one integrated concept in human resource management. Its purpose is to maintain and develop employee motivation as well as employee morale. Employee motivation is a way of improving the ability of employees to work. Employee confidence should be enhanced and this can be done by protecting personal happiness and social satisfaction.

 From  the employee’s  perspective, an  employee  is an  asset rather  than a  cost.  An effective employee relation involves producing and nurturing a self-motivated and productive workforce.  Employees  should  be  motivated  from  within,  since  the  management  help  to nurture  the  type  of  environment  where  employees  flourish,  enabling  the  organization  to achieve competitive advantage.

Human resource managers are expected to understand the different types of employee relationship approaches. The reason is that human resource managers provide theoretical foundations for many roles in human resource management.

    In the current market concept, we can find different approaches to employee-employer relationships.

Unified approach

The unitary approach means that employees and employers work towards the same goals. In this approach, we can see how team activities work, a common goal, an individual strategy, and the interpersonal efforts of individuals. What makes this concept positive is that conflicts are non-permanent mutations that are the result of improper management of the organization. This approach creates a winning position for the organization.

Every employee strives to achieve common goals while maintaining peace and cooperation in the workplace. It will benefit everyone involved in the organization. It also treats corporate conflicts that feel strikes are futile and destructive.

The main purpose of this approach is as follows:

1. Creating a creative, effective, and pleasant sound in the workplace.
2. Develop a responsible, open, fair, and transparent work culture within the organization
3. Create a pleasant work environment
4. Limiting issues between management and employees

    We can find an example of the unity of the banking and financial industry. In the banking and finance industry, we often see bonus proposals. A bonus is a gift that an employee gives to an employer based on the achievement of specific goals. Therefore, the staff works to achieve the set budget goals. The same is true of the employee's ultimate goal. As a result of overcoming the situation, employers also earn their bonuses and bank budgets.