prashant1314 (HR Learner) 19 March 2010

Wage Settlement / Agreement

Dear Sir,

Very Good Morning.......

Can you please explain me the procedure of Wage Agreement with trade union / workers???

What is been expected from HR in this Process???

What are the documents to be maintained by HR personnel, is that agreement should b signed by Labour Inspector/ ALC / DLC???

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2 Replies

niket (Manager (IR)) 22 March 2010

Dear Prashant,

Wage agreement is a negotiation process of management with the Union, also called Wage agreement. Negotiation starts against the Charter of demand raised/submitted by the Union. Negotiation will takes place for the changes demanded/new demand raised by the Union. It is a Tripartite agreement with the Union in the presence of DLC. Memorandum of settlement is arrived is documented in Form H (I D Act, 1947).

Regarding expectation from HR in wage agreement -management seeks advice from HR for cost & manpower cutting for the organization, which further goes for a long term benefits.

For further clarification plz. write me at niketkumarsinha@gmail.com

Thanks,

Niket Sinha.