Labor Management Relations and Competitive Advantage

Running head: Labour Management Relations and Competitive Advantage in Singapore
Labour Management Relations and Competitive Advantage in Singapore
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Labour Management Relations and Competitive Advantage in Singapore1
Table of Contents
Introduction......................................................................................................................................2
Analyses on role of four key players of LMR.................................................................................3
Role of government.....................................................................................................................3
National Trade Union Congress..................................................................................................4
Management................................................................................................................................5
Employee.....................................................................................................................................5
Analyses on competitive advantage to Singapore through LMR....................................................6
GDP growth.................................................................................................................................6
Business growth in Singapore.....................................................................................................7
Industrial disputes........................................................................................................................8
Industrial Strikes..........................................................................................................................9
Conclusion.....................................................................................................................................10
Reference.......................................................................................................................................11

Labour Management Relations and Competitive Advantage in Singapore2
Introduction
Labours are one of the key factors that impact the growth of any organization operating
in any industry irrespective of its location and country of operation. Labours in an organization
are employed by its owners or responsible authority. Therefore, there exist relationship between
labour and owners. This relationship in an organization is termed as relation between employee
and employers. In an organization the representative of labours is labour union and that of
organization is the human resource department. Better is the relation between the human
resource department and labour union in an organization better is the employee and employer
relation. With better labour relations and organization is able to reduce internal conflicts and any
negative disruption in operation of the organization. This provides competitive advantages to an
organization and thereby assure its sustainable development. Thus, management of labour
relations is an important factor that should be taken care with proper policy implementation and
industry relation. The four key players of labour management relations are the government,
employer or management, employees and labour union. The report discusses about the labour
management relations in the context of Singapore. In the report the contributions of the
aforementioned key players on labour management relations is among the main focuses. The acts
such as employment act, industrial act trade union act and various acts related to the concerned
topic is part of the discussion in the report. Apart from these research study on gross domestic
product (GDP) growth, multinational corporation (MNC) number of strikes and industrial
disputes in Singapore is part of discussion of the report. Therefore, the report by discussing the
aspects of labour management relations (LMR) discusses how it helps Singapore to gain
competitive advantage in global economy.

Labour Management Relations and Competitive Advantage in Singapore3
Analyses on role of four key players of LMR
Role of government
The government of Singapore contributes to the LMR of the country through
employment act, trade union act, trade dispute act and industrial act. The objectives of the
employment act of the country is to provide minimum number of days as annual leave, timely
salary payment, statutory protection to employees such that the do not get wrongfully dismissed
and paid leave on public holidays and sick leave. The employment act fixed several codes for the
employers to follow such that no employees get exploited during period of employment or after
by the employer. As per employment act the employer need to provide Key Employment Terms
(KETs) within 14 days from first day of joining. There is fixed working hours such as 44 hours
of work per week, minimum payment structure of salary and salary should be paid within the end
of one salary period (Ministry of Manpower Singapore, 2020). Thus, these help in creating
transparency in the employment sector. On the other hand, Trade Dispute Act of Singapore is
formulated with and objective of solving and preventing an act of dispute in the trades of the
country that might cause due to ill relationship between employees and employers, employees
and employees and employers and employers that impacts the employment and labour conditions
of the country (Sso.agc.gov.sg., 2020). The act influence the LMR of the country by stating
legality of the industrial action of the country. Most of the actions are related to the lock outs of
the factories. Any such lock out or strike by the employees of a firm is illegal if it delays the
production or completely hampers in order to achieve any objective that is not related to trade
disputes and thereby hampers either of the employees or the employers (Taib, 2017). In the act
there is provision for punishing a person who is responsible of illegal industrial action. The
punishment includes fine up to $2000 or imprisonment for 6 months or less and for illegal lock