The Cabinet has recently decided that the remuneration of chief executive officers for eight Government-controlled entities will be set by the Higher Salaries Commission. This change follows the Cabinet’s approval to modify Schedule 1 of the Higher Salaries Commission Act 2023.
The amendment adds several organizations to the Commission’s authority, including Assets Fiji Pte Limited, Fiji Investment Corporation Limited, Fiji Roads Authority, Investment Fiji, the Maritime Safety Authority of Fiji, Oceania Shipbuilding and Engineering Pte Limited, the Public Rental Board, and the Fijian Competition and Consumer Commission.
This decision aims to enhance transparency, consistency, and fairness in the determinations of CEO salaries. It is part of a broader effort to standardize remuneration practices, reduce excessive payment disparities, and strengthen accountability among statutory bodies and State-owned enterprises. By implementing this oversight, the Government seeks to foster trust in public service management, ensuring that compensation is aligned with performance and responsibility.