True. The field of employment relations (often used interchangeably with industrial relations or labor relations) fundamentally deals with the inherent divergent interests between employers and employees. Employers typically aim to maximize profits, efficiency, and productivity, often by controlling labor costs and work processes. Employees, on the other hand, seek fair wages, benefits, job security, safe working conditions, and a degree of autonomy. The core function of employment relations is to establish mechanisms and processes (like collective bargaining, grievance procedures, and legal frameworks) that allow these conflicting interests to be managed, negotiated, and resolved in a just and equitable way, rather than leading to constant conflict or exploitation.