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88sins wrote:Habit7 wrote:Wasn't this the same case with Petrotrin? Inefficient, top-heavy, indebted, overstaffed and overpaid. Govt corrected it and returned it to profitability and some still call them wicked for doing that.
I think the govt doing that first with the worst state companies, Petrotrin 1st, WASA 2nd. Some might see it as bold but financially they have no choice.
I hope we ready for the ride.
dude, you cannot be serious
matr1x wrote:An interesting question.
The real question is, what value do private sector companies bring to the economy? Right now they eat more than they contribute.
Most private companies skirt taxes and ask any inland revenue find officer how much pressure it is to collect taxes from private companies.
Salaries aren't just figures that fall from the sky
Habit7 wrote:88sins wrote:Habit7 wrote:Wasn't this the same case with Petrotrin? Inefficient, top-heavy, indebted, overstaffed and overpaid. Govt corrected it and returned it to profitability and some still call them wicked for doing that.
I think the govt doing that first with the worst state companies, Petrotrin 1st, WASA 2nd. Some might see it as bold but financially they have no choice.
I hope we ready for the ride.
dude, you cannot be serious
Don't just clutch your pearls, point out where I am wrong.
Dohplaydat wrote:death365 wrote:What's laughingly called the public service is very segmented comprising of civil service, daily rated employees, contract offices, teaching service.
Only civil and teaching receives pension. Contract gets gratuity after each contract usually 3 yrs and daily paid get a lump sum.
Grauity is in lieu of a pension, a lump sum payment by pension section of treasury.
So further to this u all can go ahead with bashing govt workers now
What's your solution? Government service jobs across the world are notoriously inefficient, though we might be one of the worst.
Also, our government service definitely has over inflated salaries.
T&TEC admin Clarks get 17-22k /mo and most of them sit down and scratch whole day.
In Trinidad, people aspire to get a lazy high paid government job.
Look this example, my friend is a civil engineer for Ministry of works, he makes 23k a month. He goes to work for 9am rides out a 3pm and barely has anything to do.
Another girl I know, same level of experience works at a private company for 13k a month, works 8am to 5pm, most Saturdays as well.
In most countries the salaries would be reversed, but here we have a private sector that takes advantage (rightfully so) of a desparate hunters who's main goal would be to land a cushy government job.
That's our problem right there, that imbalance. Any country that has a system like this is destined to fail..
Amount of work and knowledge...that's a friend and family position not available to the average man.goalpost wrote:Dohplaydat wrote:death365 wrote:What's laughingly called the public service is very segmented comprising of civil service, daily rated employees, contract offices, teaching service.
Only civil and teaching receives pension. Contract gets gratuity after each contract usually 3 yrs and daily paid get a lump sum.
Grauity is in lieu of a pension, a lump sum payment by pension section of treasury.
So further to this u all can go ahead with bashing govt workers now
What's your solution? Government service jobs across the world are notoriously inefficient, though we might be one of the worst.
Also, our government service definitely has over inflated salaries.
T&TEC admin Clarks get 17-22k /mo and most of them sit down and scratch whole day.
In Trinidad, people aspire to get a lazy high paid government job.
Look this example, my friend is a civil engineer for Ministry of works, he makes 23k a month. He goes to work for 9am rides out a 3pm and barely has anything to do.
Another girl I know, same level of experience works at a private company for 13k a month, works 8am to 5pm, most Saturdays as well.
In most countries the salaries would be reversed, but here we have a private sector that takes advantage (rightfully so) of a desparate hunters who's main goal would be to land a cushy government job.
That's our problem right there, that imbalance. Any country that has a system like this is destined to fail..
You'd be surprised the amount of work and knowledge these ttec admin clerks need both financially and technically
Plus that salary range is exaggerated.
Dohplaydat wrote:death365 wrote:What's laughingly called the public service is very segmented comprising of civil service, daily rated employees, contract offices, teaching service.
Only civil and teaching receives pension. Contract gets gratuity after each contract usually 3 yrs and daily paid get a lump sum.
Grauity is in lieu of a pension, a lump sum payment by pension section of treasury.
So further to this u all can go ahead with bashing govt workers now
What's your solution? Government service jobs across the world are notoriously inefficient, though we might be one of the worst.
Also, our government service definitely has over inflated salaries.
T&TEC admin Clarks get 17-22k /mo and most of them sit down and scratch whole day.
In Trinidad, people aspire to get a lazy high paid government job.
Look this example, my friend is a civil engineer for Ministry of works, he makes 23k a month. He goes to work for 9am rides out a 3pm and barely has anything to do.
Another girl I know, same level of experience works at a private company for 13k a month, works 8am to 5pm, most Saturdays as well.
In most countries the salaries would be reversed, but here we have a private sector that takes advantage (rightfully so) of a desparate hunters who's main goal would be to land a cushy government job.
That's our problem right there, that imbalance. Any country that has a system like this is destined to fail..
88sins wrote:Habit7 wrote:88sins wrote:Habit7 wrote:Wasn't this the same case with Petrotrin? Inefficient, top-heavy, indebted, overstaffed and overpaid. Govt corrected it and returned it to profitability and some still call them wicked for doing that.
I think the govt doing that first with the worst state companies, Petrotrin 1st, WASA 2nd. Some might see it as bold but financially they have no choice.
I hope we ready for the ride.
dude, you cannot be serious
Don't just clutch your pearls, point out where I am wrong.
In short, you have a problem with math, in that you prefer to don't use any.
Dismantling an entity that is not profitable does not equate to making that entity profitable. Going from minus 1 to absolute zero is not profit
teems1 wrote:Wow. To think you have the same voting power as regular people.matr1x wrote:An interesting question.
The real question is, what value do private sector companies bring to the economy? Right now they eat more than they contribute.
Most private companies skirt taxes and ask any inland revenue find officer how much pressure it is to collect taxes from private companies.
Salaries aren't just figures that fall from the sky
And where does this leave the workforce that they once had?Habit7 wrote:88sins wrote:Habit7 wrote:88sins wrote:Habit7 wrote:Wasn't this the same case with Petrotrin? Inefficient, top-heavy, indebted, overstaffed and overpaid. Govt corrected it and returned it to profitability and some still call them wicked for doing that.
I think the govt doing that first with the worst state companies, Petrotrin 1st, WASA 2nd. Some might see it as bold but financially they have no choice.
I hope we ready for the ride.
dude, you cannot be serious
Don't just clutch your pearls, point out where I am wrong.
In short, you have a problem with math, in that you prefer to don't use any.
Dismantling an entity that is not profitable does not equate to making that entity profitable. Going from minus 1 to absolute zero is not profit
Do you think I am just sharing my opinion? HPCL made an audited profit of $1.4B in 2019. They made a profit too in 2020 but won't state it because it is not finished audited yet. Whether you want to admit it or not, they reduced their headcount, rationalised their pay structure, adopted private sector best practices and they are reaping the rewards, This is a model for other state companies.
matr1x wrote:teems1 wrote:Wow. To think you have the same voting power as regular people.matr1x wrote:An interesting question.
The real question is, what value do private sector companies bring to the economy? Right now they eat more than they contribute.
Most private companies skirt taxes and ask any inland revenue find officer how much pressure it is to collect taxes from private companies.
Salaries aren't just figures that fall from the sky
Look at the major eaters of forex. There is your answer
Soundstream_626 wrote:Not sure of agencies like wasa and t&tec etc but just a little reference.
A clerk 1 salary is apprx 5500/mo before deductions, clerk 2, around 6800, clerk 3 around 7300.
There are numerous posts that have been made redundant because of computerisation. Where probably ten people were needed in a section, now because of computerisation, you may need lets say 7 and they never addressed this. The hate for the normal government employee is strong but your focus should be on the management policies implemented by those at the head.
Better questions to ask would be, if a government department has its own legal team, why then do they pay contracted senior counsels $86000.00 per case for legal advice. (written on one of the invoices I saw was $2000.00 for photocopies).
Habit7 wrote:88sins wrote:Habit7 wrote:88sins wrote:Habit7 wrote:Wasn't this the same case with Petrotrin? Inefficient, top-heavy, indebted, overstaffed and overpaid. Govt corrected it and returned it to profitability and some still call them wicked for doing that.
I think the govt doing that first with the worst state companies, Petrotrin 1st, WASA 2nd. Some might see it as bold but financially they have no choice.
I hope we ready for the ride.
dude, you cannot be serious
Don't just clutch your pearls, point out where I am wrong.
In short, you have a problem with math, in that you prefer to don't use any.
Dismantling an entity that is not profitable does not equate to making that entity profitable. Going from minus 1 to absolute zero is not profit
Do you think I am just sharing my opinion? HPCL made an audited profit of $1.4B in 2019. They made a profit too in 2020 but won't state it because it is not finished audited yet. Whether you want to admit it or not, they reduced their headcount, rationalised their pay structure, adopted private sector best practices and they are reaping the rewards, This is a model for other state companies.
De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Habit7 wrote:De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Yip I am the dotish one
https://newsday.co.tt/2020/07/09/paria- ... n-revenue/
Kickstart wrote:Habit7 wrote:De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Yip I am the dotish one
https://newsday.co.tt/2020/07/09/paria- ... n-revenue/
If this is as they said then I believe the public wont see this money , it will all be swept away as they rest
Habit7 wrote:De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Yip I am the dotish one :roll:
https://newsday.co.tt/2020/07/09/paria- ... n-revenue/
De Dragon wrote:Habit7 wrote:De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Yip I am the dotish one :roll:
https://newsday.co.tt/2020/07/09/paria- ... n-revenue/
Quoted for absolute truthfulness and self realization.
Best you reply as " OK " or " Noted "Habit7 wrote:Kickstart wrote:Habit7 wrote:De Dragon wrote:Yes, now we're just $200M short of the USD spent on importing fuel.
You're still too dotish to realize that, even now.
Yip I am the dotish one
https://newsday.co.tt/2020/07/09/paria- ... n-revenue/
If this is as they said then I believe the public wont see this money , it will all be swept away as they rest
Ok Sherlock
daron wrote:anyone knows the average salary a normal clerk 1 makes from a ministry?
Habit7 wrote:Do you think I am just sharing my opinion? HPCL made an audited profit of $1.4B in 2019. They made a profit too in 2020 but won't state it because it is not finished audited yet. Whether you want to admit it or not, they reduced their headcount, rationalised their pay structure, adopted private sector best practices and they are reaping the rewards, This is a model for other state companies.
88sins wrote:Habit7 wrote:Do you think I am just sharing my opinion? HPCL made an audited profit of $1.4B in 2019. They made a profit too in 2020 but won't state it because it is not finished audited yet. Whether you want to admit it or not, they reduced their headcount, rationalised their pay structure, adopted private sector best practices and they are reaping the rewards, This is a model for other state companies.
HPCL & Petrotrin are not the same company. So by you saying Petrotrin made a profit when it no longer exists and trying to use HPCL audited fs as justification of your claim to me sounds like you grasping for non-existent straws trying to convince somebody that you actually have a clue what you posting about.
but whatever, me doh business, think & believe what you want all you like to your little heart's content.
Dizzy28 wrote:matr1x wrote:teems1 wrote:Wow. To think you have the same voting power as regular people.matr1x wrote:An interesting question.
The real question is, what value do private sector companies bring to the economy? Right now they eat more than they contribute.
Most private companies skirt taxes and ask any inland revenue find officer how much pressure it is to collect taxes from private companies.
Salaries aren't just figures that fall from the sky
Look at the major eaters of forex. There is your answer
When the major consumers of forex use it they actually buying products for joe public to use. Pricemart, Massy and Unicomer's business are to sell consumer goods to the public. Massy and Ansa not importing all the cars for themselves.
The major eater of forex are Trinis with their lifestyles.
Dizzy28 wrote:
When the major consumers of forex use it they actually buying products for joe public to use. Pricemart, Massy and Unicomer's business are to sell consumer goods to the public. Massy and Ansa not importing all the cars for themselves.
The major eater of forex are Trinis with their lifestyles.
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