Compare the employment conditions prevailing in the organised and unorganised sectors.

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asked Jul 16, 2017 in Economics by sforrest072 (157,439 points) 63 449 1291

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answered Jul 16, 2017 by Abhishek Kumar (14,593 points) 5 9 37
 
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The employment conditions prevailing in the organised and unorganised sectors are vastly different. The organised sector has companies registered with the government and hence, it offers job security, paid holidays, pensions, health and other benefits, fixed working hours and extra pay for overtime work. On the other hand, the unorganised sector is a host of opposites. There is no job security, no paid holidays or pensions on retirement, no benefits of provident fund or health insurance, unfixed working hours and no guarantee of safe work environment.

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