NEWS

435 Port Workers Get Bonus Payout

Fiji Ports Terminal Limited welcomed the festive season by rewarding its 435 employ­ees with an Additional Performance Bonus. The Acting Prime Minister and Attorney-General Aiyaz Sayed-Khai­yum, the chief guest at
14 Dec 2018 12:07
435 Port Workers Get Bonus Payout
Acting Prime Minister and Attorney-General Aiyaz Sayed-Khaiyum with staff members of Fiji Ports Terminal Limited during their bonus payout announcement at Port of Suva on December 13, 2018. Photo: DEPTFO News

Fiji Ports Terminal Limited welcomed the festive season by rewarding its 435 employ­ees with an Additional Performance Bonus.

The Acting Prime Minister and Attorney-General Aiyaz Sayed-Khai­yum, the chief guest at the Addi­tional Bonus Pay-out ceremony, said it was due to the company having a policy that if a net profit was made after tax of a particular amount then all the staff would receive a bonus.

“The board, management and all of you will need to ensure that through­out this facility there needs to be in­creased efficiency and you will have to achieve that level of profitability and individually be able to receive increased bonuses,” said Mr Sayed-Khaiyum.

“We need to endorse what the Chairman has said, the Government is working very hard to work with this organisation and ensure that we turn Fiji into trans-shipment hub.”

The company board chairman Hasmukh Patel said the payment amounting to $376,000 was an ad­dition to the $428,248 Performance Payout in October this year.

FPTL had achieved an average of Net Profit after Tax (NPAT) margin growth of 8.04 per cent which quali­fied the staff for the bonus.

“This is in recognition of the sig­nificant contribution made by Fiji Ports Terminal Limited (FPTL) em­ployees towards improving Port ef­ficiencies and productivity,” said Mr Patel.

This was also recognition towards the ongoing success of the company.

Mr Patel said that FPTL had achieved success in 2018 and would even look into greater challenges which would arise in 2019.

“This would only be possible with the untiring support, commitment, and willingness of our entire dedi­cated workforce,” he said.

“The company will once again in­vest in new technologies, new ma­chines and continue upgrading the skills of our human capital with a wide range of training programmes to be conducted both locally and overseas.”

In addition, Mr Patel mentioned that FPTL had won the Prize Award at the Fiji Business Excellence Awards. This would in turn chal­lenge them to vie for the President’s Award in the future.

Future:

The Fiji Ports Corporation Limited would be working together with Fiji Ports Terminal Limited, to put out machinery early next year which will improve their output.

The Government also has plans about the various aspects of the port such as how they could expand the port.

They are also looking at opportuni­ties for the possibility of a relocation of the port in the long term to have a much bigger port with better facili­ties.

This was part of the strategies discussed by FijiFirst Government ministers, assistant ministers and backbenchers at Suvavou House for two days.

Edited by Ranoba Baoa

Feedback: sheenam.chandra@fijisun.com.fj

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