What is the purpose of conciliation in industrial disputes?

The purpose of conciliation in industrial disputes is to facilitate a process where the involved parties can discuss their differences and work collaboratively towards a mutual agreement. This approach focuses on negotiation and dialogue, allowing both sides to express their concerns and interests. The conciliator acts as a neutral third party, providing guidance and support to help the disputing parties find common ground and reach an amicable resolution.

In the context of industrial relations, this method is highly valued as it can lead to satisfactory outcomes without the need for formal legal processes, which can be lengthy and adversarial. By promoting open communication and compromise, conciliation aims to preserve relationships and foster a more harmonious workplace environment.