Textile & Apparel
Textiles
Setting national min wage required for decent pay in Bangladesh: Study
Oct 29, 2024
Insights
- Setting a national minimum wage in Bangladesh, a democratic selection process of representatives in the Minimum Wage Board, and regular and timely review of minimum wages are part of recommendations of a new study.
- Out of the 42 formal sectors, 20 have not seen any regular wage hike in the last six to 40 years.
- Wage announcement are also late, much beyond six months of the wage board formation.