Estimated $80M savings through Bahamas Govt employee … – Magnetic Media (press release)

Share

Share

Share

Email

Bahamas, August 4, 2017 Nassau The governments public sector employee verification of workers which begins next Tuesday could lead to a cost saving of $80M per year in recurrent revenue on salaries; so says John Pinder, the President of the Bahamas Public Services Union. Pinder is reporting that he supports the move by Prime Minister Hubert Minnis, explaining that the process will weed out phantom workers and end other unethical practices which are costing the Bahamian people.

The figure of $80.1M comes from a belief, by John Pinder, that Government could save 3% of the $2.67B national budget . Pinder said that dead, incarcerated and missing people are all still being paid by Government and in some cases families are collecting the money. Pinder added that there is even more roomto cut back by reviewing those who continue to be employed by Government despite being unfit or unsuitable for their jobs.

The Union President recommended that more attention be given to what he called, succession training. The verification programme, explained the Minister of Finance and DPM, Peter Turnquest is to clean up and see where there can be cuts to the over $650M government current pays per year in public workers salaries.

#MagneticMediaNews

#80milliontobesavedinemployeeverification

More:

Estimated $80M savings through Bahamas Govt employee ... - Magnetic Media (press release)