Employee relations strategy is about the better management of organization’s relationships with employees and their trade unions through involvement practices and an employee relations climate which encourages commitment and cooperation with each other. Objective of employee relations strategy is to establish a healthy climate in the organization to maintain productive and harmonious relationships among employer, employees and trade unions. The study is about employee relations strategies implemented by public and private banks in Latur district. The study discloses difference between strategies implemented by both sectors. Inferences made based upon collected data using advanced statistical tools.