Wednesday, November 04, 2015
Tourism workers may face an uncertain future.
Employees in the tourism sector are deemed, from many perspectives, as being well situated. Their workplaces are well-kept and inviting. They work regular shifts. They can benefit from foreign currency gratuities; in additiion they interact with numerous persons of varying nationalities and from different cultures.
However, one of the main disadvantages is that the only pension plan available to them is the National Insurance Scheme, which is generally acknowledged as inadequate.
The Minister of Tourism Dr Wykeham McNeil, in his contribution to the 2015-2016 Sectoral Debate, observed: “Only six per cent of the workers in the accommodation subsector contribute to a pension plan.”
This means that, on retirement, the majority of almost 80,000 workers directly employed, and others, such as craft vendors, who offer satellite services, will have no social security net, and are likely to find themselves below the poverty line.
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