1STATUTORY AND RECORDED WAGE MONETARY INCOME LEVELSCALCULATION NOTESSOURCEMONTHLY VALUE BDTWageGrade 1Pattern Master CController Chief Cutting Master Cutting Chief Chief MechanicBangladesh MWages Ta ID: 861031
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1 www.fairlabor.org 1 STATUTORY AND RECO
www.fairlabor.org 1 STATUTORY AND RECORDED WAGE & MONETARY INCOME LEVELS C ALCULATION NOTES S OURCE M ONTHLY VALUE (BD T WageGrade 1Pattern M aster, C C ontroller, C hief C utting M aster/ C utting C hief, C hief M echanicBangladesh M Wages Taka (BDT) M echanic/ E lectrician, C utting M aster10,900Grade 3 S ample M echanist, M echanic, S r. M achine O perator, S r. C utter, S I nspector, S r. M arker/ S r, Drawing man/ S r. Drawing Women, S r. L ine L eader, S r. O ver lock M achine O perator, S r. Button M achine O perator, S r. K anchi M achine O perator6,805Grade 4 S ewing M achine O perator, M arker, utter, I ronman, Folder, Packer, Quality I nspector, O ver lock M achine O perator, Button M achine O perator, K anchi M achine O perator, M an, L ine L eader.Grade 5Jr. S ewing M achine O perator, Jr. M arker, Jr. C utter, Jr. Finishing I ronman, Jr. E lectrician, Jr. Packer, Jr. O M achine O p
2 erator, Jr. Button M achine O perator,
erator, Jr. Button M achine O perator, Jr. K anchi M achine O Grade 6General S ewing M achine operator, General Fusing M achine O perator, General O operator, General O ver lock M achine O perator, M achine O perator, General K anchi M achine O perator5,678Grade 7 A sst. S BANGLADESH ewing M achine O perator, A sst. C utter, A sst. M arker, L ine I ronman, O ver lock M achine A sst., Button M achine A sst., K anchi M achine A sst., Finishing A Wage Sector, Grade 1 M Wages 11,200 www.fairlabor.org 2 INCOME AND POVERTY BENCHMARK S BENCHMARK C ALCULATION NOTES S OURCE M ONTHLY VALUE (BD T Poverty Line • Food C ost of Basic N eeds M ethod ( C B N ). Food poverty line based on daily. original calculation in 2005. Assuming earner, (3911.86 • Adjusted Fund ( IM F) World E conomic O utlook (W EO ) C onsumer Price Banglad
3 esh S World Bank poverty line’ (2
esh S World Bank poverty line’ (2005 PPP$ Following the World Bank’s suggestion, we used the 2005 factor, World updated its poverty thresholds, the study considered that for a small set of countries, including Bangladesh, L aos, C ambodia, C ape V erde, Jordan, E gypt, I raq, and Y emen, the ‘extrapolated’ measure of poverty/living costs than the 2011 PPP$. T herefore, 1 PPP$ for Bangladesh is factor, World Group/IMF, M onitoring R eport 2015/16 Development Goals in an E ra of C • For World at PPP$ 3.10 per day. H owever, due to the reasons stated • The • The • Monthly, • Adjusted [211.08 • The World Databank www.fairlabor.org 3 INCOME AND POVERTY BENCHMARK S BENCHMARK C ALCULATION NOTES S OURCE M ONTHLY VALUE (BD T World Bank poverty line’ (2005 PPP$ • The World Databank Living Wage Wage (3 adults, • Asia Wage 2015–1021PPP$)– A standard PPP$ based estimate for E ast and S outheast
4 A sian countries applicable to manufac
A sian countries applicable to manufacturing industries (based on a 3000 kcal diet for a Wage For other A sian countries where food basket research was not A Living Wage Wage worker, family, • The on a model diet by incorporating energy and nutritional values • It consuming 2,122 calories and two children aged 1–3 consuming and number of earner was 1.44 C Dialogue Wage • Union • Converted Bangladesh unions (various) ! COMPENSATION COMPARISON ACROSS FACTORIES BANGLADESH Currency: Tak a (BDT) 0 5000 10000 15000 20000 25000 30000 Factory 1 Factory 2 Factory 3 COMPENSATION Asia Floor Wage [3 adults,1 earner](net): 29,442 CPD Living Wage Estimate [4.08 - member family,1.44 earner](net): 16,919 Union Demands IndustriAll: 9,366.66 : Range between median compensation for highest and lowest paid occupation type ! ! MEDIAN FACTORY COMPENSATION COMPARED TO BENCHMARKS BANGLADESH ( 1 ) Currency: Taka ( BDT )
5 0.00 5000.00 10000.00 15000.00 20000.
0.00 5000.00 10000.00 15000.00 20000.00 25000.00 30000.00 Cutting Finishing Quality Sewing COMPENSATION OCCUPATION Asia Floor Wage 2015 (net): 29,442 CPD Living Wage Estimate 2013 (net): 16,919 Union Demand Bangladesh textile/garment worker unions (various) 2015: 9366.66 World Bank Ôinternational poverty lineÕ (2005 PPP $2/ day) [assuming 3 consumption units and 1 earner](net): 8,721.54 Legal Minimum Wage [highest applicable grade]: 6,805 World Bank Ôinternational poverty lineÕ (2005 PPP $2 / day) [assuming 2 consumption units and 1 earner](net): 5,814.35 Legal Minimum Wage [lowest grade]: 5,300 Gross Compensation includes Basic Contracted Wage, Cash Benefits, and Inkind Benefits. Net compensation subtracts Legal Deductions and Taxes. Occupation Net Compensation Gross Compensation Cutting 6000 6000 Finishing 5710 5710 Quality 6920 6920 Sewing 7050 7050 ! ! MEDIAN FACTORY COMPENSATION COMPARED TO BENCHMARKS BANGLADESH ( 2 ) Currency: Ta
6 ka ( BDT ) 0.00 5000.00 1000
ka ( BDT ) 0.00 5000.00 10000.00 15000.00 20000.00 25000.00 30000.00 Sewing (57.42%) Finishing (6.41%) Cutting (5.1%) Packing (1.48%) COMPENSATION OCCUPATION Asia Floor Wage 2015 (net): 29,442 CPD Living Wage Estimate 2013 (net): 16,919 Union Demand Bangladesh textile/garment worker unions (various) 2015: 9366.66 World Bank Ôinternational poverty lineÕ (2005 PPP $2/ day) [assuming 3 consumption units and 1 earner](net): 8,721.55 Legal Minimum Wage [highest applicable grade]: 6,805 World Bank Ôinternational poverty lineÕ (2005 PPP $2 / day) [assuming 2 consumption units and 1 earner](net): 5,814.35 Legal Minimum Wage [lowest grade]: 5,300 National poverty line (net): 4,483.70 Gross Compensation includes Basic Contracted Wage, Cash Benefits, and Inkind Benefits. Net compensation subtracts Legal Deductions and Taxes. Occupation Net Compensation Gross Compensation Cutting 6754.4 6754.4 Finishing 6918.2 6918.2 Packing 6752.4 6752.4 Sewi
7 ng 7064.9 7064.9 ! ! MEDIAN FACTORY CO
ng 7064.9 7064.9 ! ! MEDIAN FACTORY COMPENSATION COMPARED TO BENCHMARKS BANGLADESH ( 3 ) Currency: Taka ( BDT ) 0 5000 10000 15000 20000 25000 30000 Cutting Finishing Sewing COMPENSATION OCCUPATION Asia Floor Wage 2015 (net): 29,442 CPD Living Wage Estimate 2013 (net): 16,919 Union Demand Bangladesh textile/garment worker unions (various) 2015: 9366.66 World Bank Ôinternational poverty lineÕ (2005 PPP $2/ day) [assuming 3 consumption units and 1 earner](net): 8,721.54 Legal Minimum Wage [highest applicable grade]: 6,805 World Bank Ôinternational poverty lineÕ (2005 PPP $2 / day) [assuming 2 consumption units and 1 earner](net): 5,814.35 Legal Minimum Wage [lowest grade]: 5,300 National poverty line (net): 4,483.7 Gross Compensation includes Basic Contracted Wage, Cash Benefits, and Inkind Benefits. Net compensation subtracts Legal Deductions and Taxes. Occupation Net Compensation Gross Compensation Cutting 6325 6325 Finishing 67
8 00 6700 Sewing 6700 6700 MEDIAN FACTOR
00 6700 Sewing 6700 6700 MEDIAN FACTORY COMPENSATION COMPARED TO BENCHMARKSBANGLADESH (4Currency: (BDT) 0.00 5000.00 10000.00 15000.00 20000.00 25000.00 30000.00 Sewing (67.61%) Finishing (12.24%) Quality (8.03%) Cutting (5.58%) COMPENSATION OCCUPATION Asia Floor Wage 2015 (net): 29,442 CPD Living Wage Estimate 2013 (net): 16,919 Union Demands IndustriAll 2015: 9,366.66 World Bank Ôinternational poverty lineÕ (2005 PPP $2/ day) [assuming 3 consumption units and 1 earner](net): 8,721.54 Legal Minimum Wage [highest grade]: 6,860 World Bank Ôinternational poverty lineÕ (2011 PPP $3.10 / day) [assuming 2 consumption units and 1 earner](net): 5,814.35 Legal Minimum Wage [lowest grade]: 5,600 National poverty line (net): 4,483.70 * Specific wage levels have been obscured in an abundance of caution to avoid the potential disclosure of information that may be competitively sensitive. Specific Wage Levels Obscured*