What is the differences in the employment conditions between organised and unorganised sectors of the economy
Answers
organised sector :
work hours are fixed and regular. they follow a routine .
pay is fixed and regular.
additional benefits like sick leave , paid leave , provident funds , vacation etc
they are registered with government
overtime are paid
includes factories , schools, industries, companies registered with govt
unorganised sector :
work is not regular , not guranteed
pay is low and nominal , not fixed
no special benefits
not registered with government
overtime is not paid for
includes labourers , construction workers, handymen, artisans , small framers
Answer:
The organized sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have assured work. They are registered by the government and have to follow its rules and regulations which are given in various laws such as the Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops and Establishments Act etc. It is called organized because it has some formal processes and procedures. Some of these people may not be employed by anyone but may work on their own but they too have to register themselves with the government and follow the rules and regulations.
The unorganized sector is characterized by small and scattered units which are largely outside the control of the government. There are rules and regulations but these are not followed. Jobs here are low-paid and often not regular. There is no provision for overtime, paid leave, holidays, leave due to sickness etc. Employment is not secure. People can be asked to leave without any reason. When there is less work, such as during some seasons, some people may be asked to leave. A lot also depends on the whims of the employer.