Question

What is a organized sector? Give any three benifit of the organized
sector.

Answer 1

Your answer is as follows:

1.Organised sectors are those places of work whicha re largely under the control of the government and have to follow the rules and regulations laid down by these laws:

⇒Minimum wages act

⇒Payement of gratituity act

⇒Factory act

⇒Shops and Establishment act

2.Some of the advantages of working in the organised sectors are as follows:

⇒Paid Leaves

⇒Fixed Working hours and you are also paid for overtime.

⇒After retirement you get pension

⇒The employer has to make sure that the work conditions are safe and under government regulations.

⇒And Many More.........

Hope You got Your Answer mate........

Answer 2

The organised sector in the economy is often characterized as public sector which is owned and administered by the government and where the employment terms and conditions are fixed and regular.The job or employment security is also assured or guaranteed under the organised sector.

Explanation:

Main advantages of organised sector:-

• Employment terms and conditions are clearly specified by the companies or organisations operating under the organised sector to the employees and thus,both the employer and employees are clear about the respective rules and regulations related to any particular job or employment specification without any kind of confusion or complexities.
• The number of hours to be worked by the employees,staff or workers are fixed under the organised sector jobs.Hence,the employees or workers are clearly aware of the total number of hours they are officially assigned to work in a day or a month as a whole.
• The employees or workers employed under the organised sector are eligible for various employment benefits or allowances such as medical insurance for employees and their families,paid leaves,retirement benefits,provident fund and gratuity options and so on.