Key Takeaways
- In 2022, the textile industry employed over 4 million workers in Bangladesh, with 80% being women under 30 years old in garment factories
- Globally, 60 million people are employed in the textile and apparel sector, with 75% in developing countries facing informal employment
- In India, 45 million people work in textiles, 55% males aged 18-35 dominating spinning mills
- In 2023, recruitment costs in Bangladesh textiles averaged $150 per hire via agencies
- India's textile firms spend 12% of HR budget on campus placements from ITIs
- Vietnam garment factories hired 500,000 workers in 2022 using digital platforms
- Global textile training investment rose 25% to $5bn in 2022 for skills
- Bangladesh invests $200m yearly in 1 million worker trainings via Bkmea
- India's ATUFS funds 50,000 skill upgrades in digital weaving annually
- Bangladesh turnover rate hit 15% in 2022 due to wage hikes
- India's textile attrition averages 20% annually in spinning sector
- Vietnam garment voluntary turnover at 12% post-COVID recovery
- Average textile wage in Bangladesh $113/month for operators in 2023
- India spinning workers earn INR 12,000/month average bonus included
- Vietnam garment minimum wage $200/month with 13th month pay
Textile HR relies on millions of young women in developing nations facing informal work and low pay.
Compensation and Benefits
Compensation and Benefits Interpretation
Employee Turnover and Retention
Employee Turnover and Retention Interpretation
Recruitment and Hiring
Recruitment and Hiring Interpretation
Training and Development
Training and Development Interpretation
Workforce Demographics
Workforce Demographics Interpretation
Sources & References
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