St Kitts and Nevis: The Minister of Foreign Affairs and Aviation and Premier of Nevis Mark Brantley virtually addressed a Special Meeting of the Permanent Council of the Organization of American States (OAS) on the topic “Incentivizing Work Effort” on Wednesday, March 9, 2022.
The special meeting has mainly focused on a topic that he deems of supreme importance to the region if the region is to overcome the protracted declining rates of productivity and stimulate economic growth, and it was also chaired by the Permanent Council, Dr Everson Hull, Permanent Representative of Saint Kitts and Nevis.
While noting the productivity, Premier of Nevis Mark Brantley noted that the decline in productivity is disturbing and also an issue of the major national and regional concern and further dampens the flow of the Foreign Direct Investment to the region.
He also stated, “If the countries continue the practice of compensating everyone at the same level and it means that some individuals would not provide the extra effort and we dampen the performance”.
Premier of Nevis Brantley also remarked that there were to incentivize the performance of those who do well, and it will have a bottom-up effect, and others will be motivated. He stated that the conversation would also lead to a change in policy across the OAS and also certainly here in St Kitts and Nevis.
The other panellists have also contributed to the important discussion, and in this special meeting, they were the distinguished son of the soil, Dr Larry Quinlan, Former Global Chief Information Officer for Deloitte and Mr Enrique Pérez, Senior Client Partner based in Korn Ferry’s Mexico City office, a consultancy firm which assists multinational companies in implementing performance and reward programs.
The discussion was well received by Member States of the OAS, and Chairman and Permanent Representative Hull was lauded for bringing a “non-traditional issue” to the Permanent Council for discussion.