Last update: 11-Dec-2013 6:16 am
Wednesday, December 11, 2013
Trinidad & Tobago Guardian Online
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$90m of TTPost’s budget covers salaries
Part of the T&T Postal Corporation (TTPost) mandate when it was established 14 years ago included increasing operational efficiency and decreasing dependency on the treasury.
That mandate has not been met.
Chairman Dr Franklin Ali said the postal board would be looking at “the basics: get it right and get the quality of service up.”
Ali was speaking on Monday following a ceremony to hand over instruments of appointment to new board members. The event took place at the Ministry of Public Utilities, Elizabeth Street, St Clair.
Managing director Sheldon Cyrus said the corporation did not have a board in place for about a year.
Transporting CXC examination papers was one business which TTPost lost as the Ministry of Education now uses courier provider Universal Package Systems (UPS).
Commenting on this development, Cyrus said: “The Ministry of Education went directly to UPS with that one. We don’t know why. We normally would do it, but with this particular shipment, they went to UPS.”
Though TTPost’s annual budget is more than $100 million, most of it goes to cover salaries as its business is a “labour intensive one.”
“Our salaries and wages would be about $90 million because we have a big staff,” Cyrus said.
He said the corporation is obligated to provide the service to the nation, which means the staff must be in place to do it. The corporation has a staff of 500.
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