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Uni Levy For Skill Clarified By FNU

The one per cent levy that all employers in Fiji are mandated to pay to the Fiji National University’s National Training & Productivity Centre helps up skill employees. FNU manager
24 May 2015 10:36
Uni Levy For Skill Clarified By FNU
Real Estate Licencing Board CEO Ravinesh Murti (left) with Fiji National University manager Grants and Levy Fida Hussein and stakeholders aat the Mini Business Forum at FNU Namaka Campus on Friday night. Photo: SHEETAL PRASAD.

The one per cent levy that all employers in Fiji are mandated to pay to the Fiji National University’s National Training & Productivity Centre helps up skill employees.

FNU manager Grants and Levy Fida Hussein clarified this during the Mini Business Forum in Nadi on Friday night.

The forum has been organised by Nadi Chamber of Commerce & Industry following members’ queries on the FNU Levies and Training Programmes.

Mr Hussein said the payment is a statutory requirement pursuant to the Levy Order – FNU Amendment Decree No. 58 of 2010.

The levy is the sum payable by all the employers of their total gross wages and salaries of employees.

Mr Hussein clarified that of this pool of funds, 90 per cent may be claimed by the employers, if they train their employees.

The specific benefits of the levy are to encourage employers to train their employees, fund apprenticeship training, subsidise national trade testing and promote productivity.

“The levy fund is a mechanism that compels employers to train their employees,” Mr Hussein said.

“At the same time it makes available a pool for funds that is used to assist in Human Resource Development and Productivity of the nation.

“The concept was introduced by Government to encourage employers to invest in the profession development of its workforce.

“As business people, we are all aware that productivity is directly linked to the ‘bottom line’.

“Increase in productivity induces increase in revenue and / or decrease in costs both of which are crucial for the superb service delivery and of course profits.”

On a macro-economic level, productivity gains are said to have a direct link with economic growth.

“One way to foster a productive workforce is through training and development and that is the intention of the Levy.

Grants can be claimed on almost all courses offered by Fiji National University.

“The non-payment of levy is an offence under the legislation and is punishable by fines of up to $5,000.00 or imprisonment for up to one year.

“Also be advised that the university is a member of Data Bureau and such we load defaulted levy debt into the as Data Bureau Database,” Mr Hussein said.

Feedback:  sheetalp@fijisun.com.fj

 




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