This study explores employee welfare and working conditions in relation to ethical HRM practices from the employees’ perspective in the Bangladeshi Ready-Made Garment (RMG) sector. This research is inspired by the need to understand the challenges that employees face in their practical work settings and the unfair Human Resource Management (HRM) process that they experience in their work. The interpretivist philosophical approach and the qualitative research approach have been adopted in this research study, while the semi-structured interview method has been applied for primary-data collection. A total of 25 semi-structured interviews with General Employees, Informal Representative Leaders, Employees, Middle and Senior Managers have been undertaken in this process. Five focus-group discussions have also been applied to corroborate the data generated from the 25 semi-structured interviews. The case-study strategy has also been implemented as a research strategy and thematic analysis has been applied to the data-analysis process. The findings of this research study show the need for deeper understanding and application of ethical HRM practices in particular national and sectoral contexts, specifically in the Bangladeshi RMG sector. These ethical HRM practices include, but are not limited to, the initiation of rights-based understanding and respect-based perception, the inclusion of welfare facilities, the implementation of a fair payment policy, the equitable recruitment and selection policy, and the initiation and equality of training and development facilities. These new ethical understandings contribute to the field of ethical HRM in the context of the development of employee welfare and decent working conditions in this sector.