1.
Indranil Bose
– Dean Of Business Studies, Western International College, University Of Bolton-uae
2.
R.k. Mudgal
– Dean Of Business Studies, Western International College, University Of Bolton-uae
Abstract
In the pursuit of business excellence, the transnational corporations have aggressively adopted the practice of off-shoring of production and operations. In response to this development transnational industrial relations
scenario have experienced continuous evolution from Rules Model (1990-2000) of employee relational connectedness to Bargain Model since 2000. Though both the models are fundamentally different in their approaches, yet a spirit of mutuality is looming large in the contemporary situation governing industrial
relations in transnational business environment. This is a conceptual paper based on extensive literature survey on the back-ground, development and future development in the industrial relations practice under transnational business framework.