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Industrial unrest in Bangladesh

Industrial unrest in Bangladesh. Introduction.

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Industrial unrest in Bangladesh

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  1. www.AssignmentPoint.com

  2. Industrial unrest in Bangladesh www.AssignmentPoint.com

  3. Introduction The tremendous success of readymade garment exports from Bangladesh over the last two decades has surpassed the most optimistic expectations. Today the apparel export sector is a multi-billion-dollar manufacturing and export industry in the country. The overall impact of the readymade garment exports is certainly one of the most significant social and economic developments in contemporary Bangladesh. www.AssignmentPoint.com

  4. Industrial unrest: • The term industrial unrest is used to describe activities undertaken by the labor and other working people when they feel grievances and protest against pay or conditions of their employment. Industrial unrest can also be defined as the total range of behaviors and attitudes that express opposition and divergent orientations between industrial owners and managers, on the one hand, and working people and their organizations on the other. www.AssignmentPoint.com

  5. The unrest actions may include strikes, sit-ins, slowdowns or work-to-rule. Historically, riots also took place, such as the action taken by the Ladies during the Industrial Revolution & other machine-wrecking outbreaks. Industrial unrest is caused by a clash between employers and employees. Generally, the causes of industrial conflict fall into categories such as working conditions, wage demands, work practices, political disputes and social concerns. www.AssignmentPoint.com

  6. Core problems behind industrial unrest in Bangladesh. => Dark Side of the Garment Industry => Exploitation of Workers => Uncertain Future of the Industry => Worst Industrial Rioting in the RMG Industry => Conspiracy Theories => Agreements with Garment Workers not honored => Garment Workers' Unrest Flares Up Again => Labors Unrest amidst Political Instability www.AssignmentPoint.com

  7. Garments industry in Bangladesh • Bangladesh earns nearly $7 billion a year by exporting textile products, mainly to Europe and the United States. This is about 70 percent of total export earnings of the country. The RMG industry has around 4,000 units across the country. It employs around 2.5 million workers, 90 percent of whom are poor women. Whenever the country is criticized for its high level of corruption and confrontational politics, its garment industry is held up as a success story. www.AssignmentPoint.com

  8. List of Bangladesh Garment Manufacturers: => AFTEX LIMITED => AHSAN FASHIONS LTD. => AGAMI FASHIONS LIMITED => A.S FASHION LTD.=> A.B.S. GARMENTS LTD. => AHMED FASHIONS. etc www.AssignmentPoint.com

  9. Industry profile: • A.M. DESIGN LTD. It is a private limited company established in July-2000. A detailed description of the company is given below: Factory: Kaliakoir, Gazipur (30 km from the Zia International Airport.) Machinery: Italian & German 80%, Chinese & other 20% Work force: Full time 200, Part time 150 Annual Turnover: US$ 1,000,000.00 Export Market (Present): European Union, Japan, Australia and Middle East. Contact Persons: Shakil Ahmed Khan, Managing Director www.AssignmentPoint.com

  10. Reasons behind industrial unrest: i) Wages structure: ii) Job security iii) Harassment iv) Violence v) Poor leadership etc. www.AssignmentPoint.com

  11. i) Wages structure: • Bangladesh’s garment industry will be tallying a revised wage structure for the workers from Monday as declared by the government and factory owners’ organizations.Industry observers say the even after his or her minimum wage of has increased by 80 per cent in the new wage structure, a Bangladeshi garment worker would be receiving the lowest than the workers in major apparel exporting countries.According to the new wage structure, the minimum wage of an entry level Bangladeshi garment worker or helper is Tk 3,000. www.AssignmentPoint.com

  12. ii) Job security • Job security is an employee's assurance or confidence that they will keep their current job. Employees with a high level of job security have a low probability of losing their job in the near future. Certain professions or employment opportunities inherently have better job security than others; job security is also affected by a worker's performance, success of the business and the current economic environment. www.AssignmentPoint.com

  13. iii) Harassment • Harassment is a crime. If proven, depending on the severity and frequency of the conduct and the harasser's prior criminal record, harassment can be punishable as either a gross misdemeanor or a felony. Harassment can mean many things. www.AssignmentPoint.com

  14. iv) Violence • Violence is an extreme form of aggression, such as assault, rape or murder. Violence has many causes, including frustration, exposure to violent media, violence in the home or neighborhood and a tendency to see other people's actions as hostile even when they're not. Certain situations also increase the risk of aggression, such as drinking, insults and other provocations and environmental factors like heat and overcrowding.  www.AssignmentPoint.com

  15. v) Poor leadership • It’s always fun to read leadership quotes and hear the varying opinions on the definition of a great leader.  It’s one of those concepts, in which everyone seems to have an opinion about.  Instead of defining what a great leader, we are going to define a Poor Leader. Leader- A Person or thing that leads Poor- Deficient or lacking in something specified, lacking in skill, ability, or training, deficient in desirable ingredients, qualities www.AssignmentPoint.com

  16. Conclusion: • Our Garments Industries can improve their position in the world map by reducing the overall problems. Such as management labor conflict, proper management policy, efficiency of the manager, maintainable time schedule for the product, proper strategic plan etc. Government also have some responsibility to improve the situation by providing- proper policy to protect the garments industries, solve the license problem, quickly loading facility in the port, providing proper environment for the work, keep the industry free from all kind of political problem and the biasness. Credit must be provided when the industry fall in need. www.AssignmentPoint.com

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