Fiji Time: 11:17 PM on Wednesday 26 October

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Workers reap $200k in rewards for hard work

Ropate Valemei
Friday, August 29, 2014

STAFF members of Fiji Ports Corporation Limited (FPCL) and its subsidiary company Fiji Ships and Heavy Industries Limited (FSHIL) yesterday were given due recognition for their positive contribution.

About 139 FPCL staff members will share more than $180,000 while $20,343 for 52 FSHIL staff members.

FPCL chairman Tevita Kuruvadua said the bonus payout for this period had been based on assessment of individual key performance indicators in line with the robust Performance Management System framework that the FPCL group had adopted as opposed to previous years' practice of across the board payout.

"The methodology is consistent with modern human resource practices currently adopted in leading organisations and provides greater performance incentives to all employers," Mr Kuruvakadua said.

Attorney-General and Minister for Public Enterprises Aiyaz Sayed-Khaiyum said in reality, for any country to do economically well, it ensured that state-owned enterprises were making money.

"They are the ones who provide the basics fundamental infrastructure that is critical for any economy to move and turn," Mr Sayed-Khaiyum said.

"And if you have the right level of investment made in the state-owned enterprises which can only come about in the sustainable manner if that company actually makes money," he said.

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