A comparative Analysis on Wage Rate & Living Standard of Workers between Ventura Leatherware Mfy (BD) Ltd. & Mazen (BD) Industries Ltd

Shaikh Mostak Ahammad, Badrun Nahar and Sha. A. Ahammed Khan

International Journal of Science and Business, 2019, vol. 3, issue 3, 1-15

Abstract: This study aims to figure out the living standard of the worker of Ventura Leatherware Mfy (BD) Ltd. and Mazen (Bangladesh) Industries Ltd. at Uttara EPZ, Nilphamari, Bangladesh. As we know that EPZs play a great role to develop the people’s living standard of a specific zone and the country as well. The main concern is that are they actually do this or not? From this thinking the study has conducted to measure the living standards of the workers. Two companies have chosen from Uttara EPZ, Nilphamari for the study. Based on the objectives of the study the questionnaires have designed. The data have collected from 200 respondents and 100 respondents for both company. To develop the questionnaire various relevant issues has been taken which are related to the topic. The data was analyzed by MS excel. The study showed that the worker has got salary by the company was not similar to other countries of the world. The people who are working in this company have better living standard than the people work outside the EPZ. There are some sorts of claim against BEPZA. The company should follow a worldwide salary structure and BEPZA should be stricter to do their activities. The company’s worker collaboration should be good and that will create a favorable environment to others. The improvement of the company will get acceptance internationally and will play a great role to the development of northern part of the country and the country as well. The finding of the study will provide an overview about the compensation and benefit and the living standard of two companies as well as Uttara EPZ.

Keywords: Wage Rate; Living Standard; Ventura Leatherware Mfy (BD) Ltd.; Mazen (BD) Industries Ltd.; Uttara EPZ (search for similar items in EconPapers)
Date: 2019
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