Dhaka, Feb. 23 -- Bangladesh should conduct an annual review of its wage-setting process, as workers in the ready-made garment (RMG) sector who receive the minimum wage are losing income year on year due to the current inflation rates, according to a policy brief from the Global Labour Institute (GLI) at Cornell University.
The brief, titled "Waiting Game: Minimum Wage-Setting in Bangladesh's Apparel Industry", was recently published by the Global Labour Institute (GLI), which is part of Cornell University's ILR School.
The brief outlined five key recommendations, including institutionalising an annual review of minimum wages and scheduling a review of the 2023 minimum wage in 2025.
The institute pointed out that the longstanding minimum...