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Business Environment and Law-Industrial Disputes Act, 1947

Difference Between Lock-Out And Retrenchment : - Industrial Disputes Act, 1947

   Posted On :  15.05.2018 03:09 am

Difference Between Lock-Out And Retrenchment - Industrial Disputes Act, 1947

Difference Between Lock-Out And Retrenchment :
 
 
1. Lock-out is temporary; retrenchment is permanent. Retrenchment results in complete severance of industrial relationship between an employer and an employee; while lock-out keeps this relationship alive even during the cessation of work. The former results in severance of relationship between the employer and the employee; while the latter amounts to only suspension of this relationship.
 
2. Lock-out is with a motive to coerce the workmen to accept the demands of the employer; retrenchment is resorted to dispense with surplus labour.
 
3. Lock-out is due to and during an industrial dispute; there is no such dispute in case of retrenchment.

 

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