Labor Relations is an area of business under human resources that covers areas like labor agreement negotations, contract administration and conflict resolution. Professionals in this field work to provide both management and labor with solutions that satisfy both parties.
Labor relations managers are responsible for implementing labor relations programs. The labor relations management and staff acts as a communication bridge for a employees and management. Labor relations specialists often advise management on union contract negotiations and managemnt relations. Labor relations specialists organize information to use during collective bargaining agreement because they specialize in economic and wage data information and have a wide-ranging knowledge of labor law and collective bargaining trends.
The labor relations person administers the contracts paying attention to objection employees may have to wages and salaries, health care, pensions, and contract terms. Dispute resolution is a major part of work in this field as tactful resolution of clashes between management and labor can help divert strikes and halt litigation. Although membership in unions is slowly declining across the United States, labor relationship's personnel still deal with the needs of employees in a variety of business situations.
To become a labor relation's specialist, you will need at least a bachelor's degree. Coursework in social sciences, business, and behavioral sciences will be very helpful to those who intend on pursuing a career in this field. Depending on the field you work in, you may need further specialized knowledge of areas such as finance, law, or science. Coursework will include classes in labor law, economics, conflict management, and employee benefits.
A master's degree in business administration with a concentration in human resources will be the best bet for the highest paying jobs in this field. You will also need to have a background in law so you understand and stay in compliance with state and federal labor regulations. Salaries in this field can range from $ 40,000 to $ 100,000 annually.