The Bahamas is launching a wage and productive survey that is expected to inform the country’s planning and development of labour force and training programmes and attract Foreign Direct Investment (FDI).
In a press release the Inter-American Development Bank (IDB) said it is offering technical support to The Bahamas Department of Statistics to execute the study. The Department is collecting data from employers at 600 organisations across major industries in order to provide essential data for the effective planning and efficient implementation of both national and employer-based policies to develop the training programmes and to increase the labour force’s skills base and productivity.
“The survey will focus on key data, including employee productivity levels, company training procedures, needs assessments, employee competency levels, wages by occupation and innovation in