STAFF & TRAINING

Overview

Commensurate with its commitment to Papua New Guinea and its position as arguably the largest private-sector employer in Papua New Guinea, Steamships has continued to develop its staff, to work at being an equal opportunities employer that provides a progressive workplace for its employees, and to make its employees proud to work for the Company.

The existing Home Ownership Scheme is being revamped to provide greater flexibility for staff and to make it still more attractive for citizen employees to build their own long-term financial stability with considerable assistance from the Company.

As part of Steamships’ commitment to its employees’ well-being, the Company continues to provide low-interest loans for school fee commitments, and to encourage staff members to be fiscally responsible by not over-extending themselves by borrowing beyond their means to repay.

The Company has, once again, continued to support senior Shipping Officers in receiving additional training at the Madang Nautical Training College to enhance their skills in the International Safety Standard in Safety of Life at Sea (SOLAS). The success of this has been noted in the report on the activities of the Shipping and Transport Division. In-house and external training courses were well attended, with a total of 820 people attending the in-house courses. These courses include computer training, management development (in particular continued development of the GRID programme) and Occupational Health and Safety training, as well as industry-specific courses relevant to individual divisions. External courses were also offered to senior employees, including, for the first time, attendance at the INSEAD business school campuses in Singapore and Fontainebleau in France, sponsored by the Swire Group.

As part of the Company’s drive to improve the quality and relevance of training for staff development, the training programme is being pushed out to divisions in 2005, with central co-ordination and monitoring being provided at group level. This will increase the flexibility of divisions to structure more targeted training for the benefit of the Company and staff. Staff and Training The existing Home Ownership Scheme is being revamped to provide greater flexibility for staff.

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STEAMSHIPS TRADING COMPANY LIMITED
Champion Parade
P.O. Box 1
Port Moresby NCD 121 - Papua New Guniea
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