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



Saturday, February 25, 2012

Youth unemployment, which is pegged at 34 percent in The Bahamas, is especially a cause for concern if only because many of the young people have not yet had the opportunity to join the labor force... and as such, are being denied access to gainful employment... which is considered by many social scientists as the traditional route to the process of social integration

Youth unemployment


thenassauguardian editorial



The most recent Labour Force Survey, which was released by the Department of Statistics, contained some insightful but at the same time alarming information on the current state of unemployment in The Bahamas.


Apart from the distressingly high unemployment rate of nearly 16 percent overall and the continuing challenges to the Grand Bahamian economy, with an unemployment rate of 21.2 percent, the data on youth unemployment is perhaps the most disturbing.


Youth unemployment, which is pegged at 34 percent, is especially a cause for concern if only because many of the young people have not yet had the opportunity to join the labor force and as such, are being denied access to gainful employment which is considered by many social scientists as the traditional route to the process of social integration.


High youth unemployment is not peculiar to The Bahamas; indeed it is now recognized as a global phenomenon which is adversely impacting both developed and developing economies. Several studies on the subject have suggested that prolonged periods of unemployment among young people tend to lead to a reduction in self-esteem, diminished levels of well-being and a sense of isolation from peer groups.


Over time, youth unemployment could become problematic to the larger society since young people without the means to provide for their basic needs may not only engage in anti-social behavior, they may withdraw entirely from the labor force and by so doing, further reduce the future developmental potential of the economy.


The marginalization and social exclusion of the youth, according to some studies, are even more pronounced during a recession in that young workers are usually the first to be laid off or downsized when firms begin cost-cutting exercises. And those who remain in the labor force are disproportionately represented in the'informal'sector where they have no formal contract of employment, no guarantee of regular work and in some instances, little or no rights under labor laws. The more educated among the youth are often forced to'trade down'or accept employment far below their qualifications, and for the most part, that group is underemployed and often becomes resentful of the society or the environment in which they find themselves.


Many countries, both developing and developed have attempted to address the problem in a variety of ways including providing direct incentives to labor intensive sectors and/or establishing schemes to promote self-employment.


Both initiatives, although useful, are not the solution in isolation and ought to be part of a more comprehensive youth employment strategy which has at the centerpiece, sustained macro-economic growth for the entire economy.


To be sure, the self-employment initiative pre-supposes a widespread possession of the entrepreneurial spirit and acumen which clearly is not present in everyone, nor is it something that can be taught. It has to be recognized that the future growth and development of any society is dependent on the efficiency with which it employs its factors of production: land, capital, labor and entrepreneurial know-how. Of all the factors, it is labor that has to be continuously introduced, engaged, trained and developed at an early stage in order to be most productive.


In other words, we have to regard our youth as an asset that has to be fully integrated into the productive process and good public policy demands that young people be given priority. According to the United Nations, instead of seeing them as tomorrow's leaders, we ought to regard them as today's partners.

Feb 25, 2012

thenassauguardian editorial

Monday, January 16, 2012

If workers are serious about their employment, they will think twice before being led astray by union leaders ...some of whom seem to have politics on their minds rather than the interest of the men and women whose best interests they claim to represent

WHOSE INTEREST DO UNION LEADERS REPRESENT?

tribune242 editorial




LOOKING over The Tribune's Labour files a few days ago we came across an interesting statement by hotel managerial union leader Obie Ferguson, who accused Freeport's Our Lucaya Beach resort of "union busting" by planning to lay off 50 managerial staff.

"Now the economy is showing signs of recovery," he told The Tribune, "I thought that now would be the time to do what should be done. Workers' rights are as important as profits. We will take the necessary poll and then do what we have to do."

Mr Ferguson made this statement in January last year at a time when in the estimation of every business person on the island - especially in Freeport -- the economy was looking even bleaker. And so we do not know how Mr Ferguson measures economic recovery. Maybe he had a glimpse of the hotel's financial statements and from that concluded that the hotel could support what he claimed "had to be done" and still keep its doors open.

At the time, Mr Ferguson was pressing Minister Dion Foulkes for permission for his union, which he said represented more than 100 of the resort's staff, to take a strike vote that would pave the way for disruptive action at the property.

Meanwhile, Nicole Martin, whose union represented the same hotel's line staff, was worried about increases she said were owed to the line staff under their industrial agreement. Earlier, the resort had announced that its Christmas season was not as good as hoped. It had told the union that since 2009 it was not in a financial position to meet those demands.

Earlier, it was acknowledged that the resort's owners, Hutchinson-Whampoa, had been subsidising the hotel's payroll. Prime Minister Ingraham had even praised the company for its supportive attitude towards the hotel and its staff during difficult financial times.

But Mr Ferguson must have had a vision. He saw things differently and thought it was time for some union muscle flexing.

When we read his statement, we could not help but think of the six blind men of Indostan who went to see an elephant. Although blind, and having to rely on touch alone, each had to "satisfy his mind" as to what an elephant looked like.

The first fell against the broad sturdy side of the elephant and decided it "is very like a wall." The second felt the tusk and decided it was like a "spear." And so on down the line -- the squirming trunk felt like a snake; the knee felt like a tree; the ear felt like a fan and the sixth was convinced that the swinging tail was "very like a rope".

And so the dispute began, each convinced as to what an elephant looked like and "though each was partly in the right... all were in the wrong!"

As none of them had seen the whole elephant, despite their arguing none of them knew what an elephant really looked like.

And so with these unionists, who although they never see the whole picture and do not know what obligations have to be met before salary increases can be considered, are always convinced that owners can and should meet their demands.

At present, Kerzner International is fighting to meet its financial obligations. It has a good management team that will do everything in its power to maintain staff levels and also meet its debts. Those debt obligations are extremely high. If they are not met, unless some agreement can be arrived at, the Kerzner team could lose its four-year management contract. And so, staff will have to be thankful for their jobs, and turn deaf ears to any demands that their union might tempt them to take during this difficult period. Even if they see every rooms filled to capacity every day of the year, unions nor staff can assume -- like the six blind men of Indostan -- that the hotel is making a handsome profit, and that there is any room for staff to make more.

We do not understand some of these union leaders. They complain that Freeport has no business and yet when organisations are trying to attract business, the union decides to demonstrate. For example, what possessed Freeport hotel workers to demonstrate at Grand Lucaya resort on the very day Vision Airlines and the Ministry of Tourism were hosting 80 travel agents and other tourism promoters from the United States? The visitors were invited there for a two-day familiarization trip in the hopes that they would recommend more visitors to fill the hotel. Imagine the very people who would benefit from a hotel full of guests, would decide instead to drive potential business away by demonstrations. Who can have sympathy for such short-sighted people?

And to add insult to injury their union leader had the nerve to pull another demonstration to complain that the 37 workers who scuttled an attempt to get more business for the hotel were fired.
Just where are these people coming from? From an outsider looking in, it seems that some unionists have a different agenda. Are they deliberately leading their members astray?

Who is going to sympathise with any worker who is going to undermine the efforts of people who are trying to bring more business to a resort to secure their jobs?

If workers are serious about their employment, they will think twice before being led astray by union leaders some of whom seem to have politics on their minds rather than the interest of the men and women whose best interests they claim to represent.

January 16, 2012

tribune242 editorial