Blue-collar Workforce Struggles with Low Wages: Report
A report from WorkIndia reveals that over 57% of blue-collar jobs in India pay Rs 20,000 or less per month, highlighting financial strain among workers. Only 2.31% offer salaries above Rs 60,000. Addressing this disparity may require targeted interventions like skill development and wage reforms.
![Blue-collar Workforce Struggles with Low Wages: Report](https://devdiscourse.blob.core.windows.net/aiimagegallery/17_08_2024_11_08_38_2565228.png)
- Country:
- India
More than 57% of blue-collar jobs in India pay Rs 20,000 or less monthly, indicating significant financial strain among workers. This was revealed in a recent report by WorkIndia, a tech-enabled blue-collar recruitment platform.
The report highlighted that about 29% of these jobs fall in the moderate earning bracket of Rs 20,000-40,000 per month, offering slightly improved financial security. However, they still fall short of providing a comfortable living, leaving little room for savings or investments.
WorkIndia CEO and co-founder Nilesh Dungarwal emphasized the need for targeted interventions such as skill development, wage reforms, and the creation of high-paying job opportunities to address the economic challenges faced by the workforce.
(With inputs from agencies.)