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Thursday, Dec 07, 2023

T&T-based PwC inks 300k contract to conduct Public Service Compensation Review

T&T-based PwC inks 300k contract to conduct Public Service Compensation Review

The Government of the Virgin Islands has signed a contract with Trinidad-based consultancy firm PricewaterhouseCoopers Advisory Services Limited (PwC) to conduct a public service compensation review for a period of nine months at the tune of $300k.

A release today, October 14, 2022 from the government noted, “The review aims to address remuneration disparity, to further support the retention, engagement and motivation of skilled and competent officers to effectively deliver public services, and to move toward a ‘Total Rewards’ Scheme that promotes high performance."

Gov't committed to properly compensating Public officers - Premier

Virgin Islands Premier and Minster of Finance, Dr. the Honourable Natalio D. Wheatley (R7) in remarks at the launch ceremony for the review process said the contract cements the Government’s commitment to ensuring that Public Officers will be properly compensated for the highly significant roles they perform.

“In order to retain the best talent, we have to provide fair compensation and benefits. We must also bring more value to the critical areas that help our society to grow.”

The premier added that the VI is currently going through a Public Service transformation to better serve the public and it cannot happen without a high-quality, fit-for-purpose Public Service,” he said.

Governor John J. Rankin CMG said he is committed to supporting a top-class Public Service consisting of well-trained, highly skilled and motivated officers who deliver an effective service to the public as a whole.

“In order to achieve that goal, we need a properly paid public service, with compensation levels designed to recruit, retain and reward those whom we need in the modern world in which we live,” he added.

Acting Director of Human Resources, Ms. Kaisa Penn, said that it is her view that the Compensation Review demonstrates that her department is taking care of Public Officers; and is doing its part to be responsive to their concerns and needs.

Persons present at the launch ceremony for the review process.

More than 16 years since last review - HR Director

“After more than some16 years since the last compensation review, we are confident that at the end of this review we will stand in a more informed position regarding the status of compensation in the public service,” Ms. Penn affirmed.

Partner and Consulting Leader of PwC Trinidad and Tobago, Zia Paton submitting remarks video presentation said her firm is committed to building trust in society and driving sustained outcomes.

“We have deep global and regional experience delivering similar job evaluation and compensation exercises for our clients,” Ms. Paton said, adding, “Job evaluation and compensation projects lay a strong foundation upon which to build a leading Public Service. We are committed to delivering value and look forward to working with the local team.”


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