On 15th December 2016, the International Labour Organization (ILO) has released the Global Wage Report 2016/17.
The 2016/17 edition examines inequality at the workplace level, providing empirical evidence on the extent to which wage inequality is the result of wage inequality between enterprises as well as within enterprises. The report also includes a review of key policy issues regarding wages.
I am sharing this Global wage report because the readymade garment industry is also part of this report. The garment manufacturing industry is a labour-intensive manufacturing sector and manufacturing destination depends on the labour wages of the country. I think you may like to know and understand the global wages.
Following two paragraphs are extracted from the report and we can link the readymade garment industry with the report.
Source: www.ilo.org
The 2016/17 edition examines inequality at the workplace level, providing empirical evidence on the extent to which wage inequality is the result of wage inequality between enterprises as well as within enterprises. The report also includes a review of key policy issues regarding wages.
I am sharing this Global wage report because the readymade garment industry is also part of this report. The garment manufacturing industry is a labour-intensive manufacturing sector and manufacturing destination depends on the labour wages of the country. I think you may like to know and understand the global wages.
Following two paragraphs are extracted from the report and we can link the readymade garment industry with the report.
At the international level, some enterprises have highlighted the difficulty of raising wages at the enterprise level in a competitive environment where buyers can shop for the lowest prices. One interesting move in this respect is the decision of some major global brands to start a joint initiative with manufacturers and trade unions to promote multi-employer collective bargaining at the industry level in garment-producing countries
There are also examples in global supply chains which show that productivity improvements in enterprises which produce, say, garments in developing countries translate into lower prices for buyers rather than higher wages for employees. Thus, higher productivity in low-paying enterprises may need to be accompanied by stronger wage policies and collective bargaining mechanisms.You can directly download (Free) this report by clicking on the following button or you can download the same from ILO website. Or you can purchase a printed copy of this report from ILO.
Source: www.ilo.org