Question

What are the advantages of informal sector

Answer 1

Answer:

• Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.

• There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.

• You are saved the hassle of paying Pay As You Earn tax.

• There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.

• Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.

• Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.