Question

In: Operations Management

The cost of living in Bangladesh is $40 per month for rent and food per adult...

The cost of living in Bangladesh is $40 per month for rent and food per adult is $13 per month .Milk for a child is $5 per month. Those who work in the factories are generally the main wage earners in their families because no other jobs pay as well.

where do you see some fixes for the safety and wage issues?
What needs to be done besides institution codes of ethics and factory and labor standards?

Solutions

Expert Solution

Some fixes for the Safey and Wage issues

WAGE-

Wages are among the most significant states of work and a focal subject of aggregate bartering. The factories should be iocused on advancing strategies on wages and salaries that guarantee a simply portion of the products of progress to all and a base living pay for all utilized needing such insurance.As the wages for workers are really low so there should be a provision for fixed increment in thee salary for every quater. As soon as a worker has completed 3 monhs at a particular factory he should be entitled to a fixed increment.

SAFETY-

Factory workers are always at a risk of sustaining an injury and in some cases it could be life threatning as well So some kind of medical insurance for all the workers must be provided by the factory owners till the time they work in their premises.A portion of the significant difficulties for labors include: over the top long stretches of work and the need to ensure laborers' wellbeing and security by restricting working hours and giving sufficient periods to rest and recovery, including week by week rest and paid yearly leave - which are revered in global work norms.

What needs to be done

Individuals try to have work as well as a great job. Wages, working time, work association and states of work, courses of action to adjust working life and the requests of family and life outside work, non-segregation and assurance from provocation and savagery at work are center components of the business relationship and of laborers' insurance, and furthermore influence monetary execution. Working conditions spread a wide scope of subjects and issues, from working time (long stretches of work, rest periods, and work routines) to compensation, just as the states of being and mental requests that exist in the work environment.Aggregate bargaining as a key methods through which bosses and their associations and worker's organizations can build up reasonable wages and working conditions. It additionally gives the premise to sound work relations. Run of the mill issues on the dealing plan incorporate wages, working time, preparing, word related wellbeing and security and equivalent treatment. Business security ensures laborers against pay vacillations because of employment misfortune because of excusal brought about by monetary downturns, endeavor rebuilding or different reasons. The issue of working conditions is obviously likewise vital to casual economy laborers, transient specialists and country makers. Those are talked about under the individual area of this guide. The current area centers around working states of salaried laborers.


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