Labour Market Forum 2010 - Planning Institute of Jamaica
Labour Market Forum 2010 - Planning Institute of Jamaica
Labour Market Forum 2010 - Planning Institute of Jamaica
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→ No guiding philosophies (e.g., Malaysia’s ‘Prosper thy<br />
Neighbour’ policy)<br />
→ Questionable ethics, in significant instances<br />
→ Inefficient organization structures<br />
→ Distanced leadership; animosity with labour<br />
→ Debilitative compensation systems<br />
High Proportion <strong>of</strong> Workforce Engaged in Low Productivity<br />
Activities<br />
→ Based on the disaggregation <strong>of</strong> sectors into high<br />
productivity and low productivity, in January 2001 over<br />
80% <strong>of</strong> the workforce was engaged in low productivity<br />
activities.<br />
A <strong>Jamaica</strong>n State Enterprise<br />
Changes in Staff Cost, Surplus & Productivity<br />
2000-2004<br />
60.00<br />
% Change<br />
40.00<br />
20.00<br />
0.00<br />
-20.00<br />
-40.00<br />
2000 2001 2002 2003 2004<br />
Surplus 47.83 -0.92 25.04 -12.12 25.97<br />
Productivity 25.00 2.00 9.00 -21.00 -16.00<br />
<strong>Labour</strong> Cost 18.64 20.89 17.13 20.43 21.63<br />
Years<br />
82
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