Minimum Wage Increase Is A Step In The Right Direction

The government of Bangladesh has recently established a new minimum wage for garment workers, and although this is a step in the right direction, there is a lot more to be done.

After several months of negotiations and discussions, the minimum wage for garment workers has increased from approximately USD $65 to USD $95. A minimum wage board formed in January 2018 was tasked with defining a new minimum wage by July. However back & forths between factory owners, worker unions, and other stakeholders delayed the schedule until September.

Change is gradual, especially in an industry that has been shaped by informality and self-serving interests over more than two decades. However, as history has shown us, drastic change happens over time, taking various efforts to gain momentum and shift the paradigm.

Progoti is a part of these various efforts trying to generate change in the industry. We may begin as outliers, but over time, people start to understand the need for improvement and embrace a new way of thinking. Just like the adoption of new technologies, it takes time for people to ‘get it’.

We are motivated to lead the way and set an example of a new type of social enterprise that operates to improve industry standards and benefit its most vulnerable stakeholders. Although the new minimum wage is not enough to provide for a decent living, it is a positive signal of change. Nonetheless, workers need more support to achieve fair working conditions, especially in issues like health care and insurance, which is what we directly address by crowdfunding your contributions.

#JoinTheProgress and help us set an example of how new social enterprises can leverage business to generate impactful change.

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