1. Worker Diaries
Money Diary: A 25-Year-Old Garment Worker In Bangladesh On 1k
[Excerpt] According to a recent report on wage digitization in the ready-made garment (RMG) sector in Bangladesh, about 1 million workers are now receiving their wages digitally, either into a bank or a mobile money account, rather than in cash. This trend is expected to continue in the near future, with the study also finding that a majority of factories in Bangladesh see the advantages of digitization and have shown a ‘strong interest’ in fully digitizing their wage disbursement system. There was no general consensus on whether digital wages had changed money management practices among the workers. Many reported no changes—they withdraw all their earnings and every taka earned is needed to meet their expenses. However, a good number of respondents reported important variations such as increased savings or a reduction in the need to take outside loans thanks to the ability to transfer money.
3. Pay Gap Report
The analysis suggests that in January and February 2019:
– Workers in factories that appear on a brand list earned the equivalent of about Tk. 1,000 extra per month in comparison to workers in factories that are not brand-facing, for the same number of hours worked.
– Workers in the Savar industrial area earned about Tk. 830 per month more than in other industrial areas, for the same number of hours worked.
– There was a pay gap of about Tk. 1,000 per month between men and women, for the same number of hours worked.
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