Question

Which of the following are the characteristics of a formal job?

1. Social security benefits
2. Security of tenure
3. Regular wages

• A. 1 only
• B. 2 only
• C. 1 and 3
• D. 1,2 and 3

Answer 1

The correct option is D 1,2 and 3

Formal work refers to work in which a company hires an employee under an established working agreement that includes, salary or wages, health benefits, and defined work hours and workdays. This agreement remains in force until the employer makes a change and informs an employee about those changes.