Showing posts with label Bahamas jobs. Show all posts
Showing posts with label Bahamas jobs. Show all posts

Sunday, September 22, 2024

Foreign Labour versus Bahamian Labour in The Bahamas

The imbalanced Bahamian labour market in The Bahamas



Foreign Labour vs. Bahamian Labour


By Jamal Moss


Jamal Moss Bahamas
In the Bahamian labour market, a notable disparity exists between the wages and job opportunities available to foreign workers versus Bahamian nationals.  Foreign workers often occupy high-paying positions, while locals frequently find themselves in lower-paying roles or receiving significantly lower wages for similar job titles.


This imbalance can lead to economic inequality and social unrest, with Bahamians feeling marginalized in their own country.  Addressing this issue requires a multifaceted approach to ensure fair employment practices and opportunities for locals.


Possible Solutions


To address the misalignment between Bahamian labor market supply and demand, several measures can be implemented:


1. Skill Development and Training Initiatives: It is essential to develop targeted training programs that align with the qualifications needed for high-paying occupations in sectors such as tourism, finance, and technology.  By investing in skill development and certification programs, Bahamian workers can better meet the demands of these growth sectors.


2. Promoting Local Entrepreneurship: Encouraging local entrepreneurship can create more high-quality job opportunities for Bahamians.  Providing grants, low-interest loans, and business development services can support small and medium-sized enterprises (SMEs), fostering economic growth and technological advancement.  Jean-Pierre (2022) highlights the importance of such initiatives in boosting local employment and reducing social costs.


3. Policy Review and Reformation: Policies should be re-evaluated to prevent foreign labor from directly competing with local workers.  Setting parameters for the employment of Bahamians and implementing quotas for foreign workers in specific sectors can help balance the labor market.


4. Public-Private Partnerships: Developing partnerships between the government and private sector can enhance internship and apprenticeship programs.  These partnerships can provide on-the-job training for Bahamians, bridging the gap between education and employment, and improving access to better-paying jobs.


By implementing these strategies, The Bahamas can work towards creating a more equitable labor market, ensuring that Bahamian workers have fair opportunities and are better positioned to contribute to and benefit from the country's economic growth.


References


Jean-Pierre, M. (2022). The education system of The Bahamas: The first quarter of the twenty-first century. In The education systems of the Americas (pp. 91-117). Cham: Springer International


Source


The Bahamian Brain Drain - By Jamal Moss>>>

Saturday, September 21, 2024

The Bahamas Brain Drain

The Bahamas needs to improve its educational system to mitigate the brain drain and improve human capital



By Jamal Moss
Nassau, The Bahamas

Employment and Labor Market in The Bahamas

Jamal Moss
The challenges of Bahamian labor markets comprise various complex issues that affect the strength of its economy.  This article delves into three critical issues: brain drain in The Bahamas, wage employment of foreign workers to Bahamian workers in quality jobs, and measures to build up the middle class in the wake of taxation and inflation.

Thus, these issues are noted, and corresponding gradual commonsense changes are suggested, considering the nature of the Bahamian labor market and possible directions for its development.  First, I wish to focus on the brain drain problem affecting The Bahamas and offer incremental solutions.

Brain Drain in the Bahamas

The Bahamas faces the challenge of brain drain where educated and profound personnel migrate from the country to other developed countries where they are well rewarded.  The issue deprives the government of human capital, which is crucial in the country’s development process.  This situation is critical since high levels of unemployment, particularly among our youthful population, compel such brains to migrate in search of opportunities elsewhere.

The Bahamas has to promote educational opportunities, provide favorable working conditions, improve job procurement services, and encourage those who left to return home.  Our island nation has to retain talented people and attract gifted individuals necessary for the country’s development.

Every year, an average of 5000 students leave high school, and university graduates get to seek higher education in other countries.  Hence, there are not enough jobs or poorly paid according to their education level waiting for them.  The Bahamas should advance educational rights, demonstrate employers’ benevolence, and augment job assistance.  The Bahamas has to keep the human capital and draw skilled people, which is essential for the country's progress.

Incremental Solutions

The Bahamas needs to improve its educational system to mitigate the brain drain and improve human capital.  Financing in higher education institutions and vocational training centers will help provide quality education and training (The Nassau Guardian, 2023).

Having linkages with other institutions worldwide for exchange programs can help learners gain international benchmarks and retain talent by providing the best learning environment within their country.  Such an approach will enhance the quality of learning and place the Bahamian qualifications in parity with the international standards, making Bahamian graduates more marketable within and outside The Bahamas.

It is significant to establish a favorable working atmosphere.  Enhancing working conditions and pay will make local markets for jobs more appealing.

Bonuses such as medical coverage, pension and perks etc increase morale and, thus, worker retention.  This helps in enhancing The Bahamas government guarantee its professionals have access to such crucial benefits (Watson & Gustave, 2022).

By these possible commonsense solutions, The Bahamas can increase the attractiveness and support of its labor force so that it would not be tempted to work in another country.  Focusing on the staff’s growth and encouraging them to participate in various courses and seminars is beneficial and results in a more devoted and loyal human capital.

Another essential strategy is enhancing employment placement services.  Improving job placement and career counselling services will be necessary to match those graduating with appropriate jobs within the country.

People can use technological advancements to develop a central database for employment vacancies.  Encouraging Bahamians living in other countries to return home, tax relief, relocation allowance, and preferential employment would enhance recruiting qualified staff.

Other convincing cases regarding people becoming returnees may also encourage others to do the same, ultimately benefiting the country’s talent pool and overall progress.  We cannot continue to allow our young fresh minds to slip through our hands so easily like sand.  We must be intentional in fixing this leak. 



Thursday, January 15, 2004

The Clifton Property Bill to Establish the Clifton Heritage Authority Is Scheduled For Parliamentary Debate

The Official Opposition, Free National Movement (FNM) Party Parliamentarians Will Not Dispute The Core Issue of Turning The Clifton Property into a National Park 


Bahamas Government To Move On Clifton


15/01/2004



The large parcel of land on the western tip of New Providence known as the Clifton property has long been in limbo.


But that could soon come to an end.


As Members of Parliament prepare to begin debate on a bill to establish the Clifton Heritage Authority, the spotlight could again be placed on the controversy over the property that once ignited passionate debate that reached a fever pitch several years back.


Opposition Whip in the House Brent Symonette told the Bahama Journal Wednesday that there are questions that will no doubt arise regarding whether the Authority will be truly independent.


He said he expects "an interesting and heated debate."  But he noted that the opposition should not dispute the core issue - that is turning the land into a national park.


Five years ago, some members of the Free National Movement Government supported turning the area into a multimillion-dollar gated community with then Deputy Prime Minister Frank Watson insisting that, "the development will bring a stream of returning tourists year after year...it will provide any number of other jobs in the tourism industry."


Since that debate died down, the property, which was the site of significant archaeological finds, has remained untouched.


Among other things, the Authority would lead the way in raising money for the government to pay for the land, which is estimated by some to be worth about $20 million.  The government intends to issue bonds in this respect.


In 1989, the then government acquired the property from Nancy Oakes, who now resides in London.


The matter has stretched three administrations, but Ms. Oakes, now ailing, never received payment for the land.


Her attorney, Paul Adderley, told the Bahama Journal Wednesday that before the present government came up with this new option to pay for the property, she had been interested in getting the property back.


"The Constitution provides for prompt payment," he noted.


Mr. Adderley also pointed out that Ms. Oakes "is not as rich as people think she is" and he intimated that the payment would be long overdue.


Establishing a national park at the Clifton property would be a fulfillment of a Progressive Liberal Party campaign promise.  In fact, Mr. Symonette believes the debate in parliament will turn into a "political football."


In early 1999, the PLP, while in opposition, joined the tide of strong resistance to the Clifton Cay development proposed at the time.  Prime Minister Perry Christie, while in opposition, said he believed that the development would have placed in foreign hands far too much of the extremely scares natural resources that exist in New Providence.


Mr. Christie said he believed that the government should have retained the full 600 acres of land in trust for the Bahamian people.  The portion of land that would be under the Authority's control would be 208 acres.


"If the government can raise $20 million to fund the cost of a new bridge to the Sun International Resort (now Kerzner International) it can surely apply the same ingenuity to raise a lesser amount of capital to hold the Clifton Cay property in trust for present and future generations of Bahamians,"  Mr. Christie told the Bahama Journal in February, 1999.


American investors, James Anthony and James Chaffin, were in 1999 pushing a plan to turn Clifton into a $400 million gated community, a proposal that was so strongly opposed by some Bahamians, the investors soon packed up and left town.


Now, Clifton appears to face future persons who had opposed the development had been pushing for.


The bill before parliament would give the Authority to be established the power to "hold, manage, maintain, preserve, promote and develop [the property] as a national park and historic cultural heritage site."


The Authority would also enter into archaeological and other joint ventures with persons and entities of international and unimpeachable repute.


It would no doubt be a bit of a victory for the Coalition to Save Clifton Cay, which has quieted since debate on the property fizzled, but, according to its leader, has continued to review developments regarding the property.


Vice President of the Senate Dr. C. B. Moss, who helped form the Coalition several years ago, said the group supports the bill, but has some "minor" concerns.


But Rev. Moss added, "We think that the spirit of the proposed legislation would provide adequate protection for what we want to see there."