INTRODUCTIONindustrial transaction is concerned with the transactionhip between counseling and post players and the utilization of the regulatory utensil in re resolution any industrial dispute. It covers aras such as corporal bargaining, condescension fraternitys and the government. gracious election watchfulness (HRM), which has a soft burn up (people friendly) and a wicked progression (people as a pick to be used as seen oblige by the organization), could be summarized as a strategic surface to managing employees. The role of industrial transaction has been cadaverous to somewhat ut c totallyost in Trinidad and Tobago with the death penalty of piece imagery anxiety practices and policies. However some of the aspects of the tralatitious popular vault of heaven gravel and the milieu it was planted in has survived till today, which affects the body of work throughation and success of late cosmos management. belles-lettres REVIEWComparative indus trial dealings An Introduction to Cross National Perspectives by Bean 1994 beas, Dunlops prescription of the advancement of knowledge in IR is the withdraw to halt away from the restrictive and myopic bound of problem solving, institutional studies with individual countries- what has been termed ethno-centric bias- in favor of border comparisons over the cut of time and across countries. He postulated that the systems scheme was applicable to study comparative industrial traffic. Haworth 1991 however states that the systems surmisal kick downstairss to explain how the intent of industrial traffic has developed in Third World countries. The industrial transaction system responds to loving policy-making and sparingal counterchangewhereby actors (mainly management) usually suck up a number of solvents they stack make, thitherfore thither is the existence of discretion in termination making which will in run affect industrial dealing.Kochan et al 1984. Zeitlin 1987 states, industrial transaction lowlife best be explained non by the neighborly and economic structure further by diachronic divergences in institutional learning resulting from the strategies and organizations of the state, bargain amalgamations and employers. This book basically deals with comparative industrial transaction where rehunt is done on similar phenomena taking dumbfound in different countries. Poole 1986 highlights four principles for this research to be done, 1. Focus on environmental inclines approaching from the societal processes and structures. 2. Multi-disciplinary perspectives incorporating mixer, political and economic aspects. 3. explanatory variables as opposed to descriptive categories. 4. Utilizing the historical as well as modern dimension. concern in unions be institutional representatives of kick the bucketer affairs at bottom the labour market and the guild. It is embodied rather than individual concerted conduct is the esse nce of modern pot lot unionism, (Ulman 1990)He similarly spoke of the individualizing of industrial dealings into gentlemans gentleman preference management. industrial traffic and Globalization Challenges for Employers and their Organizations, a entry prep bed by David macdonald (1997) states that during the period of the 1990s on that point were new(a) demands of international contention and dramatic advances in technology. Globalization had similarly changed the constitution and operation of the market place and production in many countries across the world. Considerable demands were placed on employers and enterp tramps hence new structures, processes and strategies were required to be implemented. indoors the enterp progression, industrial Relations (IR) plays a really strategic role and many changes overmuch be make to the tralatitious practices and gay mental imagery Management (HRM).This new approach attempts to improve flexibility and skills of the wor kforce which would search to improve mixed aspects within the study such as trust and conversation between managers and workers etcetera Davids typography focuses on industrial relations trends and developments in Asia and the Pacific with special attention give to the quarrels organizations and employers atomic number 18 to be faced with. The subject also observes the changing nature of industrial relations and its development as influenced by the forces of globalization, liberalization aswell as the historical and current factors which influence the relations in the region. He defines industrial relations as the means by which various interests in the labour market be accommodated, primarily for the purpose of regulating example family relationships.Industrial relations argon therefrom concerned with relationships within the workplace and in the organization at all levels. These relationships are runed with joint bargaining, sake of workers in decision making etc. Traditionally, industrial relations was to achieve embodied outcomes at a national and/or sector/industry levels which are wherefore applied to distributively enterprise. gay alternative Management is different as it focuses right away at the level of the enterprise quest to align interests of workers both individually and in groups, managers for the purpose of corporate objectives, seeking to implement a competitive advantage in the marketplace.In the book Understanding organize and Employment Industrial relations in Transition looked at the contri justion and repugns of homophile resource management to industrial relations. ascribable to high consignment management, charitable resource management (HRM) is seen to be refilling trade unions. Traditionally, force out was seen as a subset of IR just in the 1980s, employee relations evolved to IR being a take leave of HRM. Eight main issues of HRM to IR were place as being a change of focus from a sociology perspect ive to a psychology perspective, a move from pluralism to unit of measurementarism, a stress on management as the main actors in the industrial relations system, an emphasis on business scheme and fit between policies, the application of the resource based view of the firm to employee relations, the influence of high commitment management and the challenge of the psychological contract view to the accord of custom contract.Industrial relations had its piece of hardship as it journeyed to succession. Historians and novelists acknowledged the forceful changed made in the British hostel which came about during the industrial revolution. Karl Polanyi described the rack changes which took place as feudal societies change to an industrialized state. He identified that the set up on the lives of people were awful beyond description (Polanyi 1957, 76). Also stated was In disposing of a mans take world power the system would,incidentally, dispose of the physical, psychological, an d moralistic entity man attached to the tag. Robbed of the protective masking of cultural institutions, benignant beings would perish from the effects of sociable exposure they would die as the victims of acute complaisant dislocation through vice, perversion, crime and starvation. No hunting lodge could stand the effects of such a system of crude fictions even for the shortest exsert of time unless gay and natural substances, as well as its business organization, were defend against the ravages of this satanic mill. (Polanyi 1957, 73).Polanyi stated that the negativity that the industrial revolution faces was non much of ugly conditions under which individuals live or worked yet rather the displacements faced by employees whom are no longer under the breastplate of cultural institutions. Employment relations and the social sciences by Hills revealed that there is a unify between industrial relations and the humble of social sciences. Steven M. Hills also extended the search of systems analysis by Dunlop where he found a structure to put in order the variety of concepts, of which many neer was fully known, which comprise the study of industrial relations. Hills, in his explanation for choosing the employment relationship rather than labor union as his reference point, are because his attention was centre on the experiences that govern employer-employee relationships.Understanding these controls is an consequential aspect in order to express appreciation toward the underlying forces of industrial relations systems according to Hills. He also shows the liaison these controls impose by the government, labor unions and social classes. In Hills analysis, he showed the difficulties faced in all employment relationships, whether they are well-thought-out as pre-industrial, industrial or alleged post-industrial citizens where unions are strong, weak or nonexistent.TRADITIONAL IR SYSTEM INCLUDING DISCUSSION OF THE TRADITIONAL reality SECTOR MODELInd ustrial relations produces and organizes knowledge, it is unique and has its own theories, concepts, techniques, practices and ideological commitments. Industrial relations was born in the linked Stated in the 1910s. It was a answer to the waste, compassionate suffering, the social injustice as well as the employer- power in the nineteenth and earlytwentieth ascorbic acid crownworkism. It also arose because it was viewed that relations between bosses and workers could be improved. Industrial relations in toll of academia is the study of labor problems but gave priority to specific areas like a strategy or institution for solving problems for example the trade unions or collective bargaining. The early version of industrial relations emphasized inherent conflict of interest which exist between the employer and employee, that there is captain bargaining power of the employer and the autocratic nature of workplace governance in the traditional firm.With the globalization of ind ustrial relations there was the spread of industrialism, market economics, trade union movements, protection of human rights and political democracy. there was a decline in industrial relations because of the decrease in trade union density, major forma of labour unrest, political power in many countries, the rise in human resource management, the rise in neo-liberalism, national and world government activity etc. Industrial relations is touch on around fostering st efficacy, efficiency cooperation, quiet and positivity. In the 1960s there began to be a slow decline in industrial relations. There was a constricting of the intellectual domain and the field was comme il faut marginalized. Numerous universities in the 1990s dropped the term Industrial Relations and latch oned employment relations or human resources. over the years industrial relations had made attempts to establish itself as a self- contained schoolman discipline but move to fail (Kaufman 2004).There was the sh rinking role of collective bargaining as well. The traditional industrial relations model is concerned with a particular set of phenomena associated with regulating the human activity of employment. It focuses on the implementation of rules within the work place and factors after-school(prenominal) of the work place which influences the process. It is concerned with collective bargaining, trade unions, employers, managers and payments. John Dunlop originated the systems approach to industrial relations which is basically an integrative model which seeks to entrust tools of analysis to interpret and gain an spirit and how and why particular rules are formal in particular Industrial Relations systems and how and why they change in response to changes which affect the system.John Dunlop (1991) applied the systems theory which embodies a set of actors, rules, context and ideology. Flanders (1979) and the Oxford burn up defined industrial relations as thestudy of institutions of cr aft regulation. Flanders states that the institution and job regulation scum bag be reason into the internal and external factors he insists that collective bargaining is central to the industrial relations system. Flanders agreed with Dunlop (1958) that rules are also substantial but continued that rules are solo a generic description which can be given to these various instruments of regulation. Heyman (1957) a critic of industrial relations scholars agrees that rules are a mandatory aspect as well. He however, criticizes the Oxford school and Dunlop for not acknowledging the magnificence of informal rules in the industrial relations system.Heyman (1975) takes the view of the redness perspective and views industrial relations as the process of control over work relations, or as the political economy of waged labour. The three perspectives of industrial relations are as follows the Marxist perspective, the unitary perspective and the pluralist perspective. Fox agrees that ind ustrial relations provided the foundation for humans resource Management. Concepts and practice of industrial relations are as follows, collective bargaining, trade unions, models of trade unions, the voluntarist tradition, compulsory system and the adversary system. The first gear four decades of the 1930s in the English- oratory Caribbean was dominated by political unionism. The gear was largely influenced by globalization. There was fast expansion of enterprises in almost all aspects.The three mannequins which affects the Caribbeans history were, the compound phase and the colonial administrator, the post- colonial phase and the globalization phase. There was a social division between labour and capital in Trinidad and Tobago. During the 1930s Trinidad and Tobago suffered the effects of the universal depression. There were unjust labour practices and the remuneration were exceptionally low. The colonial era in Trinidad and Tobago was basically one in where there was unila teralism in rule making by employers, voluntarism and non-involvement of the state and there was the social and economic exploitation of the people. During the post-colonial eras, there was the adversarial system, state control, it was pluralist to a certain extent and was unitary. compend AND FINDINGSThe globalization period brought drastic changes to the earth sector andindustrial relations. There were geomorphologic adjustment programs, free trade, foreign aid, coronation as well as reforms in the labour market. Gray (1998) describes globalization as the worldwide spread of modern technologies of industrial production and communication of all kinds. The implication was that solutions for the contemporary Caribbean were no longer the resembling as the ones in the past. There was a missing link and a earnest take up for a Human resource management approach to step in. It was the approach where a human workplace menaing the caller-out looks after their employees and the emplo yees look after their company. The human resource management function was now an integral part of management. It can be said that the role of industrial relations, policies and practices have diminished in comparison to the in the first place years under the traditional model after human resource management was introduced.During the 1930s in Trinidad and Tobago, the industrial relations paradigm was quite dominant. There was a severity in struggle with appreciate to the working class as the dry land had experienced periods of enslavement and indentureship, workers had no rights and there was no place for grievances. This period was imperative and dominant and there was the Royal centering of Lord Moyne (1938) which was to investigate the labour and social conditions in the British West Indian Colonies. In Trinidad and Tobago there was hardly any political representation and all power and responsibility was centered on the governor. Trade unions had to fight for political and so cial status, industrial politics political unionism and trade unions- based political parties are grow in the tradition of Caribbean societies. This legacy has continued even until today in the Trinidad and Tobago public sector.However, it is safe to say that the implementation of human resource management policies and practice has rock-bottom the influence and popularity of industrial relations to the public sector and society as a whole. With the implementation of various departments in organizations, including human resource departments, managers are taking are not only reducing the need for certain aspects of industrial relations but also deal with problems. Therefore the joining between employee and the trade union or government organizations are being wiped out. This whitethorn be because it fosters an environment that shows the employee that the organization cares, but may also reduce the materialize of negative stories or problem leaking outside of the organization, prev enting badreputations from being created.Human imagination Management includes conducting job analyses, planning personnel needs, recruiting the right people for the job, orienting and training, managing wages and salaries, providing benefits and incentives, evaluating performance, resolving disputes, and communicating with all employees at all levels. Examples of core qualities of HR management are extensive knowledge of the industry, leadership, and hard-hitting negotiation skills. Human resource management is formerly called personnel management. Although high commitment as stated by some scholars, it reaps the most rewards for the organization itself.CONCLUSIONHuman resource management is seen as the new way forward. Industrial relations comfort has a connotation of trade union struggles and equality battles. Industrial relations tranquillize play a major role in organizations in Trinidad and Tobago. While human resource management is increasingly dealing with the issues and concerns of employees, there is ease a need for government intervention. At the conciliation unit of the Ministry of Labour, Small and Micro Enterprise maturation Limited, there are a gibibyte trade disputes reported on fair per year. When management may be the problem, industrial relations and its components are of use. However, HRM is still a developing concept in Trinidad and Tobago. HRM could be seen as a developed uncouths take on employee relations and Trinidad and Tobago is still developing.Aspects of the traditional public sector still exist. Since industrial relations still play a major role in Trinidad and Tobago society, it would be wise to adopt a more employee relations approach. In the past, HRM was not entirely successful in Trinidad and Tobago. It is still a relatively new concept and field to the developing world. collectible to the circumstances and nature of Trinidad and Tobago, HRM may not be the best policy to implement in society at this time. Human Reso urce Management can also pose as a challenge for Industrial relations as it can undermine the role of trade unions at enterprise level. Realistically however, human resource management and industrial relations policies and practices can be harmonized to benefit each other.As society changes and more are demanded from employer, employee and theorganization, adopting the more common soft approach to human resource management shows development on the part of the industrial relations system. There is a need for industrial relations in society, but by adding more roles that may have diminished due to human resource manage, it ensures not only survival but the ability to survive in a society where west is viewed as better, and human resource management is the way of the west.ReferencesAckers, Peter, and Adrian Wilkinson. Understanding work and employment industrial relations in transition. Oxford Oxford University Press, 2003.Bean, Ron. Comparative industrial relations an fundament to cr oss-national perspectives. 2nd ed. London International Thomson, 1999.Collings, David G., and Geoffrey T. Wood. Human resource management a small approach. London Routledge, 2009.Employment Relations and the fond Sciences. Google Books. https//encrypted.google.com/books?id=lTIS5L5JbD0C&printsec=frontcoverv=onepage&q&f=false (accessed November 21, 2013).Mac Donald, David. INDUSTRIAL RELATIONS AND GLOBALIZATION CHALLENGES FOR EMPLOYERS AND THEIR ORGANIZATIONS . 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