AG Announces Pay Rise at FSHIL and Annual Bonuses for Fiji Ports

Following approval by the Prime Minister, a pay rise for the staff of Fiji Ships and Heavy Industries Limited (FSHIL) plus bonuses for all Fiji Port workers has been announced by the Attorney-General and Minister for Public Enterprises, Aiyaz Sayed-Khaiyum.

The three per cent pay rise covers all FSHIL staff – those on both salaries and wages -and comes into effect on January 1st, 2013.

The Minister says FSHIL workers have not received a pay rise since 2005 and have been paid at a much lower rate than other Fiji Ports staff.

“FSHIL has made a remarkable turnaround over the past few years, especially after its acquisition by Fiji Ports in 2009. So I’m delighted to announce that its workers are being rewarded with increases for all their hard work,” Mr Sayed-Khaiyum said.

In addition to the pay rise at FSHIL, annual bonuses will be given to the more than 400 staff of all three Fiji Ports companies.

The staff at Fiji Ports Corporation Ltd (FPCL) will receive a total of $243,831.82; the staff at Port Terminal Ltd (PTL) will receive a total of $140,987.34; and the staff of FSHIL will receive a total of $37,783.00.

The Minister says the bonuses are a recognition of the role the staff have played in improving both the financial performance and productivity at Fiji Ports.

“This is one of the basic principles of the Bainimarama Government and one of the most fundamental of workers’ rights. When a company does well, all of its employees should share the benefits,” the Minister said.

In July this year, FPCL paid a record-high $2,821,102 dividend to the Government, based on the consolidated performance of the Company in the financial year ending 31st December 2011. The dividend is based on 50 per cent of Net Profit After Tax of $5.64 million.

Fiji Ports consists of FPCL and the subsidiary companies, PTL and FSHIL. The Company is a wholly owned Government Commercial Company, and operates under the legal ambit of the Public Enterprises Act 1996, Seaports Management Act 2005, and the Companies Act.

Fiji Ports handles more than 95 per cent of the nation’s cargo in terms of imports and exports and provides employment to more than 400 people in Suva, Lautoka, Levuka and surrounding areas.

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