Ethical principal apply to all facilities of Versatile group that produce readymade garments for exporting to foreign countries. These principles set forth the basic requirement of Versatile Group Factories in order to do business with the customers Versatile makes scenes less effort to promote best practice and continuous improvement of ethical issues in all its manufacturing units. For easy access to the principles or issues Versatile posted contents in the notice boards in both Bangla and English.
Principle -1: Laws and Regulations
Versatile group operates in the full compliance with the local law and regulation.
Principle-2 : Employment Age
Workers, Employees are hired less then 18-years of age.
Principle-3: Forced Labor
Versatile group factories do not use reflex or forced effort –indentured bonded or others.
Principle -4 : Wages and Benefit
Versatile group factories pay compensation all employees fairly by providing compensation package comprising wages and benefits that at the very less, comply with legally mandated minimum standard. Each employee is provided with a clear, written accounting for each pay period.
Employees are compensated for overtime according to the local law.
Principle-5 : Hours of Work
Versatile group ensures legal limitation on regular and overtime hour as mandated by the local law of 60-hour per week including overtime. Except in extraordinary business circumstances .All employees are entitled to one day off in every seven day period.
Principle -6 : Health and Safety
Versatile group their employees with a clean, safe and healthy work environment designed to prevent accidents and injury to health arising out of or occurring during course of works of works. All factories comply with all applicable, legally mandated standards for workplace health and safety.
All the workers and staff enjoy free medical consultation and limited treatment. Company doctors are available full time.
Principle -7: Discrimination
Versatile group do not discrimination on the basis of race, age, color, national, origin, gender, religion, sexual, orientation, disability or any others factors. The group respects cultural differences, employment including hiring, remuneration, benefits, and advancement, termination based on ability land not on belief of or other personal characteristics.
Principle-8: Harassment
Versatile group treats all employees with respect and dignity. Management do not encourage to corporal punishment physical, sexual, psychological or verbal harassment.