January 24, 2016      07:33

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Govt could scrap employees’ bonuses





Kuwait: As part of the government’s austerity measures, ministries will reconsider paying employees the ‘excellent performance bonuses’ in the 2016-2017 budget, well-informed sources said. These bonuses would not be paid according to present conditions, the sources said, adding that ministries would have to either cancel or reduce them down by limiting them to certain employees who match strict performance assessment conditions.

The sources highlighted that the current average excellent performance bonuses were over KD 5 million in most ministries, which adds up to a very high cost. The sources added that the employees who get the bonus do not actually deserve it and it is most often given for profiteering and is followed by filing of many grievances by those who do not get it. “This calls for stricter regulations and conditions,” stressed the sources, noting that cancelling bonuses in the oil sector could be the beginning of cancelling them in other ministries. “The government will leave the final decision to respective ministries,” added the sources.

In another development, the sources added that governmental instructions were issued to the ministerial economic committee to finish its study concerning cutting subsidies and increasing petrol, electricity and water prices so that they could be listed on the Cabinet’s agenda for February.

Source: Kuwait Times [Link]



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