WHY do we have to learn this subject?

• What is Corporate?
• Employer/Employee/Labor ?
• Industrial relation ?
• HUMAN CAPITAL, Manage human Capital is the KEY
• Human resources is the KEY
• Develop HR is battle
• Entering MEA where is our position right now?
• What should we do to face this condition?
WHAT SEPERATES
YOU FROM CROWD?
• WHAT OTHERS HAVE
AND YOU DON’T HAVE?
• WHAT YOU HAVE AND
OTHERS DON’T HAVE?
• DO YOU HAVE
SOMETHING TO SAY?
• DO YOU HAVE TO SAY
SOMETHING?
What is a Corporation?
A corporation is a business entity that is owned by its
shareholder(s), who elect a board of directors to
oversee the organization’s activities. The corporation
is liable for the actions and finances of the business –
the shareholders are not. Corporations can be for-
profit, as businesses are, or not-for-profit, as
charitable organizations typically are.
What is Employment?

Definition: Employment is an agreement

between an individual and another entity
that stipulates the responsibilities,
payment terms and arrangement, rules of
the workplace, and is recognized by the
government.
Law
• Rules that can be applied to regulate the relationships
between people and between man and society.

• Law can be understood as the principles and rules

imposed by the state to regulate the behavior and or
applied by the judge to resolve the matter.

• Law was created to ensure "social stability" (social

stability)
Business actors :
• Business Owner / Entrepreneur / Employer

• Worker

• Helpers employers

• Government /Regulator
COMPANY (according Mollegraf & Polak) :
• Continuous
• Overt/clear
• In a certain quality
• Aims to seek profit
• Administration
• Business entities
Questions about LAW
• Law is made to protect people.
• But if law can not protect you, do you still obey the law?
• Why ?
• Could you give example?
 Productivity
Industrial
Relations

Agreement
Regulations

Employers/management Labor/ Employee

 Productivity
Industrial
Relations

Agreement
Regulations

Employers/management Labor/ Employee

 Productivity
Industrial
Relations

Agreement
Regulations

Employers/management Labor/ Employee

 Productivity
Industrial
Relations

Agreement
Regulations

Employers/management Labor/ Employee

New Industrial
• Productivity after increasing salary
• Productivity after promotion
• In the happiness situation ( relax, family, homey, etc.)
• Acceptable conditions
• Feel home
Millennial Industrial Relations
• Base on flexible agreement
• Flexible works hours ( base hours work)
• Flexible Places to work
• Flexible Remunerations
• Target oriented
• More productivity