A sector which act according to government rules with many employers and have a defined pattern of wages is called organised sector. It have high profits and i irreparable loses. all developed countries follow this sector.
On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. The organised sector covers those enterprises of work where the terms of employment are regular and where people have assured employment. It is registered, follows government rules and regulations, and has employees and employers union. It is called organised as it has some formal processes and procedures. 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, fixed working hours, extra pay for overtime work, medical and other allowances, gratuity, superannuation, provident fund, and various other benefits. In the organised sector, rules and regulations given in various laws by the government such as Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Establishments Act, etc. Most of the services, industries, schools and factories fall under this category.
Banking is a reliable sector.You get a secure,comfortable job.Moreover you can devote a good balance of time to your family and to your work.Lastly banking sector is an organised sector and is the need for every individual today.Engineering touches people but banking make`s peopleRead more: Why_choose_banking_after_engineering
What are the features of organised and unorganised
industry sector , raw materials sector , human resources sector , financial resources sector , market sector , technology sector , economic conditions sector , government sector ,
Organised banks are government owned whereas unorganised banks are owned by private businessmen
The sector,which is registered ,follows Govt. rules n regulations,have employees n employers union is called organised sector.The company form of business comes under organised sector.The private retail business is called un organised sector.Reliance retail is in organised sector,as it is in a company form n registered.
organised sector have job security.It is under the control of govtand follow rules and regulationand have a fixed number of hour
organised sector
yes
definition of core sector
organised sectors are handled by govt. and have paper work and works according to the rules and laws abided to them. think by your own and try to justify. use ur brain plz.......
A definition for verse choir is 'a group organised for the choral speaking of poetry'
Corporate sector is the part of the economy that is made up of companies. It is a private sector.
i dont no!
On the basis of employment conditions, activities in the economy are classified as organised and unorganised. The organised sector offers job security and employment benefits, while the unorganised sector is marked by low wages and lack of job security. The organised sector covers those enterprises of work where the terms of employment are regular and where people have assured employment. It is registered, follows government rules and regulations, and has employees and employers union. It is called organised as it has some formal processes and procedures. 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, fixed working hours, extra pay for overtime work, medical and other allowances, gratuity, superannuation, provident fund, and various other benefits. In the organised sector, rules and regulations given in various laws by the government such as Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Establishments Act, etc. Most of the services, industries, schools and factories fall under this category.
i want to work in a well organised sector and sbi is a best plateform for this
devinition