INDUSTRIAL ARBITRATOR Meaning and
Definition
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An industrial arbitrator is an impartial and independent individual responsible for resolving disputes and conflicts that arise between employers and employees within an industrial or workplace setting. Also commonly referred to as a labor or employment arbitrator, this professional is skilled in interpreting and applying labor laws and collective bargaining agreements to provide fair and equitable resolutions.
The role of an industrial arbitrator is to serve as a neutral party to help facilitate negotiation and settlement between the conflicting parties. They possess a deep understanding of labor relations and possess the expertise to evaluate evidence, hear arguments, and issue binding decisions that will resolve conflicts and disputes related to wages, work conditions, or other workplace issues.
Arbitrators in the industrial sector preside over formal hearings or meetings, allowing both parties to present their respective cases and evidence. They analyze the arguments made by both sides and consider the applicable laws and regulations. Following this evaluation, the arbitrator renders a decision that is legally binding on both parties. This decision facilitates resolution, forming a basis for employers and employees to agree upon and implement necessary changes.
The goal of an industrial arbitrator is to promote fairness, justice, and productivity in labor relations. They ensure that both employers and employees have an unbiased forum for resolving disputes, and their decisions are typically considered final and enforceable, providing closure and stability to workplace dynamics.
Common Misspellings for INDUSTRIAL ARBITRATOR
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Etymology of INDUSTRIAL ARBITRATOR
The etymology of the word "industrial arbitrator" can be broken down as follows:
1. Industrial: The word "industrial" originates from the Latin word "industria", which means "diligence" or "eagerness". It evolved in English to refer to activities, processes, and products related to industry, factories, and manufacturing.
2. Arbitrator: The term "arbitrator" comes from the Latin word "arbitrator", which means "judgment" or "witness". In ancient Rome, an arbitrator was an individual chosen to settle disputes or disagreements between parties as an impartial third party.
When combined, "industrial arbitrator" refers to a person who settles disputes or conflicts within the industrial or manufacturing sector, usually related to labor and employment matters. They act as a neutral decision-maker, assessing the situation and making judgments or recommendations to resolve the conflicts.
