Open AccessJob Insecurity in Private Education Sector Considering COVID-19 Pandemic: Bangladesh Panorama
Author(s) -
Md. Ali Imran,
Ikbal Ahmed
Publication year - 2020
Publication title -
american international journal of business and management studies
Language(s) - English
Resource type - Journals
eISSN - 2641-4953
pISSN - 2641-4937
DOI - 10.46545/aijbms.v2i2.245
Subject(s) - private sector , government (linguistics) , job security , pandemic , dilemma , economic growth , business , incentive , workforce , face (sociological concept) , covid-19 , political science , labour economics , public relations , economics , sociology , engineering , mechanical engineering , medicine , linguistics , philosophy , disease , epistemology , work (physics) , pathology , infectious disease (medical specialty) , microeconomics , social science
Job insecurity is one of the vexed questions here in the COVID-19 pandemic situation. Private sector employees are agonizing mostly due to this problem. In the midst of July within three months of the crisis, about 13 percent of people have become unemployed in the country due to the Covid-19 pandemic. The educational institutions are closed in Bangladesh from 17 March 2020 due to this crisis. So the private education sector job holders are in a precarious situation in terms of their job security. In this study, we investigate the vacillation of job security for private education employees. For this purpose we questioned 100 private education sector employees such as School, College and University to find out the actual scenarios. Most of the private educational institution depends on its own income from the student’s tuition fees; hence the trouble to manage it for the deadlock condition and their employees are also in a financial dilemma. Though some of them are started online programs in the true picture, they will suffer as the ballgame advancing. Bangladesh's government announces thirty thousand core incentives to face economic hazards. The particular employees in this stratum are benefited from trivial brink. Some lay off strategy can save both the victimized party.