Top 5 Unethical Business Practices against Employees

Unethical Business Practices against Employees

Not only the society, but also even the employees are badly exploited by the capitalist. The popular modes of exploitation found in our country are as follows:

Top 5 unethical business practices against employees

Image: Top 5 unethical business practices against employees

1. Low Salaries: Except a very few organizations, the salaries being paid to the employees tend to be very low. If this is the condition prevailing in corporate sector, it is needless to mention the pitiable state of affairs in other small private organizations. Labour being in abundance in our country, workers tend to accept low wages.

2. Poor Working Conditions: There is hardly any attention paid to the work environment. The working conditions in most of the factories tend to be unhygienic inadequate ventilation, poor lighting, and lack of welfare facilities. Besides, safety of workers is not also cared for.

In our Factories Act, there are certain provisions prescribing the standard norms and the working conditions to be provided in each factory. But these regulations are not strictly followed since the administrative machinery itself is very weak and highly corrupt.

3. Exploitation: Exploitation of the workers cannot be tolerated in any decent society. Bonded labour is not still uncommon; the workers are not being allowed to move from their work place. Moreover, they are hardly given merely two square meals and are forced to work for the whole day.

Cases have been reported not only in remote areas of India but also from capitals, and neighboring cities, in the U.P., Andhra Pradesh, Haryana and Rajasthan. Even though the Government has taken steps to eradicate this social evil, it still remains.

4. Signing for more wages than actually paid: Besides, employees – even educated ones – are made to sign receipts for salaries more than what actually paid to them. Teachers and college lecturers are no exception to this.

5. No Job Security: Earlier, both Central and State Governments’ employees were appointed on permanent basis. They were also remunerated fairly. However, at present, the trend is changing. Mostly, persons are taken for job in Government departments only on contract basis that too for consolidated pay. In such cases, employees have no job security and no retirement benefit. If this is the status of Government employees, we need not mention the position of employees in private organizations.

Leave a Reply

This site uses Akismet to reduce spam. .




Recent Posts


Related pages


merits of marginal costingdefinition of internationalizationstag stock marketdisadvantages of cost based pricingformula for calculating inventory turnover ratiodisadvantages of net present valueshort note on sebiwhat is consumerism definitionbudgeting methods in advertisingsocial audit examplesaccounts payable turnover ratio formulaextranet advantages and disadvantagesobjectives of underwritingadvantages of unrelated diversificationmgt accountingaccount receivable collection periodpaid in arrears meaningmeaning of amalgamationfeatures of sebisidbi bank branchesultra vires actsamalgate meaningmeasures to reduce labour turnoveradvantage and disadvantage of stratified samplingstock exchanges of indiawhat is irda in insurancemeaning of mercantile lawadvantages and disadvantages of forecastingdefine process costingmixed economies definitionconsumable goods examplesdefinition of forfeitingwhat is the meaning of moadefine perpetual successiondisadvantages of using e commercestock turnover ratio formulainternet retailing definitionskim pricing definitioncomparative balance sheet definitionaccidental sampling techniqueliability for misstatement in prospectusmix variance formulasbic private equityintinerant meaningadvantages and disadvantages of large scale industrieshorizonal definitiondefinition salesmancalculation of profitability indexunderwriter meaningcentrally planned economy advantages and disadvantagessundries definition accountingwhat does demerit meanrole of merchant bankerdeductive inductive approachwhat are the disadvantages of e commercewhat is amalgamation of companiesvertical merger examplesmerchant middlemenmeaning suretybenefits of ecommerce to organisationdefine swapslein definitiondisadvantages of absorption costingvariencessimilarities between cost accounting and financial accountinge commerce manager responsibilitiesdefinition of sales of goods actdefine bankerwcr working capitalexamples of company takeoversnationalized banks indiawhat is the meaning of precismarginal costing and decision makingadvantages and disadvantages of a sole proprietorshipwhats a debenture