Economics
Compare the employment conditions prevailing in the organised and unorganised sectors.
Econ Sectors Ind
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Answer
| Organised sectors | Unorganised sectors |
|---|---|
| Employees in the organized sector benefit from job security. They work in formal employment arrangements. | Workers in the unorganized sector often lack stable employment contracts, leading to job insecurity. |
| Wages tend to be higher in this sector compared to the unorganized sector. | Earnings are typically lower here. |
| Fixed working hours are common. | Timing is not fixed. |
| Employees can avail paid leave. | Employees cannot avail paid leave. |
| Organized sector workers receive medical allowances, insurance, and other benefits. | Such benefits are not available. |
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