What is organised sector? Describe its working conditions.
Answers
Answer:
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Explanation:
Organised Sector : Organised sectors are the sectors where all the policies and regulations formulated by the Government regarding the general condition of employment are followed. People have job security in this sector.
Working conditions in an organised sector are stated below:
(i) Fixed working hours: In organized sector working hours are fixed. If employee is working after the fixed time, he would be paid extra money for it.
(ii) Wage structure divided under various heads: The wage structure is divided under various heads like provident fund, gratuity and various allowances. Employees get pension after retirement in organized sector.
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Answer:
Organised sector is defined as the working sector that gives permanent job with fixed wages and other benefits like holidays without cutting any wages from the salary, medical facility, fixed number of working hours, pension after retirement,safety and security.
Organised sector: It is registered by government and follow its rules and regulations which are given in various laws (For example: Factory Law, Minimum wages Act, Payment of Gratuity Act, Establishment Act, etc.)
Workers in organised sector enjoy job security work for a fixed number of hours, get overtime if they work more than the fixed number of hours.
They enjoy certain benefits like paid leave, payment during holidays, Provident Fund and gratuity, etc.