Industrial relations and Human Resources management views on minimum wage
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Prepare a short 2-3 page paper exploring how minimum wage would be viewed differently from an IR and HR perspective. You must cover BOTH perspectives and compare. Need to cover industrial relation and human resource perspective. Discuss this problem through the lens of each perspective. The problem you need to discuss is minimum wage and how no one can live off of minimum wage.
Key takeaways from paper that you need to read
Industrial relations has interest in much broader things such as the economy, what it does for the economy at large
Industrial relations is more concerned about how the conflict affects the collective group
IR values collective bargaining even when there is excellent personal management.
IR focus on society wide concerns, having a voice and standard of living
IR focus on society while HR focuses on the Firm
Human Resources focus on a particular organization
Human Resources focuses on individual conflict
HR is more focused on the success of the company compared to justice and equity
HR focuses on effective and efficient performance
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