Case Analysis I: Not a Penny off the Pay, Not a Second on the Day: Long Term Wage Settlement at Hindustan Aeronautics Limited

This case describes an important phenomenon in the industrial sector with a large set of fascinating details. The consequential impact of a strike can be a make or break for the organization. Though strikes are more common in banking sector and manufacturing sector, the possibility of strikes in other sectors cannot be ruled out in the future, owing to several court verdicts in the past few years. Hence, it is imperative on every executive manager or a business leader to have a good understanding of the procedural and legal aspects of strikes and the resolution process. In addition, human resource managers needs to have a thorough understanding of the same, because they play a key role in the resolution process. From that standpoint, this case offers myriad details and raises fundamental questions. The purpose of this case is to place the students in the middle of a crisis to understand few practical aspects related to Industrial Disputes (ID) Act 1947. The specific objectives are to explicate the legality of the strike, the standard procedures to be followed in case of a dispute or non-agreement between parties, the practical application of collective bargaining and the tactics used to resolve disputes. This case will enable a better understanding of the industrial relations scenario and enhance the appreciation of the same. This case is suitable for any post graduate student interested in understanding the labour–employer relationship in an industrial context.