The employees of a company have been on strike for 30 days which has led to huge losses for the business.The employees complain about the increased accidents in the company and lack of safety measures undertaken by the management.The management in turn blames the employees for negligence.Owing to loss of business and wages,both parties want to settle the dispute but have been unable to negotiate successfully; the main problem being feelings of resentment and distrust.Both parties want to settle out of court but do not want the third party to whom the dispute is submitted to decide the outcome.Which method of dispute settlement is best suited to them? Why?
Would the method change if the parties were ready to accept awards by third parties but were not particular about the reasons of awards?

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The Answer of The employees of a company have been on strike for 30 days which has led to huge losses for the business.The employees complain about the increased accidents in the company and lack of safety measures undertaken by the management.The management in turn blames the employees for negligence.Owing to loss of business and wages,both parties want to settle the dispute but have been unable to negotiate successfully; the main problem being feelings of resentment and distrust.Both parties want to settle out of court but do not want the third party to whom the dispute is submitted to decide the outcome.Which method of dispute settlement is best suited to them? Why?
Would the method change if the parties were ready to accept awards by third parties but were not particular about the reasons of awards?

The Employees of a Company Have Been on Strike for 30