Work Stoppage

What is Work Stoppage?

 

‘Work Stoppage’ is the term used to denote the stoppage or work either by the employees themselves or by the employer. When it is initiated by the employees, it is called a ‘strike’ and when it is undertaken by the management, it is referred to as a ‘lockout’.

 

Work stoppage is harmful for the company since it leads to a loss of any kind of output such as the products and services, which leads to financial losses as well as losing customers which might also lead to loss of shareholder confidence in the long term.

 

As work stoppage might lead to dissolving of the company, they take all kinds of precautions to prevent the same from happening including strike avoidance, labour dispute management, etc.

More HR Terms

Management Styles

What are Management Styles?   ‘Management Styles’ refer to the way the managers handle and manage the employees working under them by showcasing their leadership

Butterfly Effect

What is Butterfly Effect ?    The ‘Butterfly Effect’ hypothesizes that small changes in the initial conditions of a system will lead to catastrophic changes

Morale

What is Morale?   ‘Morale’ is the quality of a group to maintain their positive beliefs with confidence, enthusiasm, and discipline even in the face

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