Get Used to Performance-based Pay, says Economist

Economist and CEO at the Jamaica Productivity Centre, Dr. Charles Douglas, says Jamaicans must get used to the idea of performance-based pay for productivity to increase.

He says if productivity increases then it’s expected the Gross Domestic Product, GDP will also increase.

The five year productivity average shows three sectors with the highest potential economic impact based on the number of persons they employ being Agriculture, Forestry and Fisheries, Producers of Government Services, and the Wholesale and Retail Trade.

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