Employment in Bangladesh’s readymade garment (RMG) sector witnessed just one.07 per cent annual growth from 2015 to 2020, in line with a look at by the Asian Centre for Enchancment (ACD), which estimated that the entire number of staff employed inside the RMG sector elevated to 4.22 mn (1.72 mn male and a few.50 mn female) in 2020 from 4 mn in 2015.
The look at, titled ‘Socio-economic Profile of Garment Workers of Bangladesh’, found that in 2015, the entire number of male staff inside the RMG sector was 1.10 mn whereas female staff have been 2.59 mn. The Bangladesh Garment Producers and Exporters Affiliation (BGMEA) and ACD collectively revealed the look at.
‘Regardless that many factories have been closed down inside the aftermath of the Rana Plaza accident, our estimate displays an increase inside the number of staff per manufacturing facility and factories are about 70 per cent larger than that of 2014,’ the look at talked about.
Between 2015 and 2020, the growth charge was 4 per cent for male staff and minus 0.7 per cent for female staff. The ACD survey confirmed that in 2014, month-to-month family expenditure of RMG staff was spherical Tk 11,320 and the expenditure elevated by 7 per cent a yr between 2014 to 2020 whereas earnings moreover elevated by 7 per cent inside the interval. Although the earnings of staff elevated 7 per cent in opposition to the 7 per cent enhance in expenditure, the look at claimed that the month-to-month monetary financial savings of the staff rose by 8 per cent in the middle of the interval.
The report talked about the everyday age of staff of RMG sector in Bangladesh is 25.9 years and the everyday measurement of service is 9.2 years. There are spherical 2,200 worldwide professionals in virtually 15 per cent of the RMG factories inside the nation. Most of them are engaged in administration positions, adopted by technical operations and merchandising.