Pakistan Ranks Better Than India in Paying People What They Deserve: WEF – Research Snipers

Pakistan Ranks Better Than India in Paying People What They Deserve: WEF

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Pakistan is ranked higher than India in paying people what they deserve as per the reports of World Economic Forum (WEF).

Before its yearly meeting in Davos, WEF launched its first-ever Global Social Mobility Report for 2020. The report analyses the various socio-economic indicators in 82 nations.

As per the report, Pakistan ranks 72nd in the fair wage distribution while India is ranked on the 79th position.

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Furthermore, Pakistan is ranked better than India when it comes to the employment opportunities, placing India and Pakistan at the 75th and 67th positions respectively.

WEF describes the social mobility as either the growth or decrease in the movement of an individual with regards to their parents. The impact of the socio-economic conditions on the life of an individual is described as relative social mobility.

The report has evaluated many socio-economic determinants for the 82 nations including health, education, work, access to technology, and resilience and institutions.

The report has highlighted that only a few nations have the right socio-economic opportunities that could promote social mobility. In the meantime, nearly all the nations badly fared in their wage distribution, working conditions, social protection and lifelong learning.

With the surging inequality, the children raised in a less honored background are more possibly to experience hurdles to success than the children born into affluent families. The report has stressed that inequalities within a society could undermine its bonding.

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