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May, 1988, Vol. 111, No. 5

How the 1980's have changed industrial relations

Audrey Freedman
Executive director , Human Resources Program Group at The Conference Board

More cost-conscious management—forced to respond to increased foreign competition and deregulation—has shaped fundamental changes in the labor-management relationship. The result is that compensation and employment are both more flexible and adaptive than in the 1960's and 1970's.

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