Answer to Question #312247 in Management for Abigail

Question

Explore the impact of the traditional approaches to Labour Relations and evaluate how they impact on the interactions and nature of the relationship of the parties to the labour relationship. Include the role of the state in your answer

Answer 1

Healthy employee relations lead to more efficient, motivated and productive employees which further lead to increase in production level. Over 40 percent of the companies listed in the top 100 of Fortune magazine's “America's Best Companies to Work For” also appear on the Fortune 500.