Bangladesh lacks a formal universal social security system, but employers provide various benefits under labor laws. Workers are entitled to paid leave, medical benefits, provident funds, and gratuity payments based on tenure. The government is gradually implementing social protection programs, such as the Employment Injury Scheme, to support workers in hazardous sectors. Many multinational companies and large corporations offer additional benefits like health insurance and pension plans to attract talent. Compliance with labor law provisions on employee benefits is crucial for businesses to maintain a motivated workforce while ensuring legal adherence to evolving social security frameworks.
