Explain the diffrence in employment conduction in organised and unorganized sectors
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organised sector
- The sector in which the employment terms are fixed and employees have assured work is Organised sector.
- Governed by Various acts like Factories Act, Bonus Act, PF Act, Minimum Wages Act etc.
- Government rules Strictly followed
- Remuneration Regular monthly salary.
- job security
- working hours are fixed
- Salary of workers As prescribed by the government
- Overtime Workers are paid remuneration for overtime
unorganised sector
- The sector that comprises of small scale emterprises or units and are not registered with the government
- Not governed by any act.
- Government rules are not Strictly followed
- no job security
- working hours are not fixed
- Less than the salary prescribed by the government.
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