Incoming Chief Executive Officer of the Water and Sewerage Authority, Keithroy Halliday, will earn a monthly salary of $100,000 plus benefits.
Minister of Public Utilities, Marvin Gonzales, revealed the pay package of the WASA CEO in response to a question by Princes Town Member of Parliament Barry Padarath during the sitting of the House of Representatives on Friday.
The Public Utilities Minister said Mr. Halliday is required to lead transformation of the Authority, which is a significant undertaking. He said to attract and retain a high-calibre and highly-competent incumbent in the hyper-competitive job market for such a task, a competitive salary and benefit package including performance-based incentives were crucial.
“Salary at rate of 100,000 dollars per month, housing allowance of 8,000 per month, transport facility, a company-maintained vehicle worth not exceeding of $400,000 (VAT exclusive) for business and personal use during the duration of his contract, a reimbursement of reasonable entertainment expenses incurred for conduct of business-related activities on behalf of the Authority to a maximum of $2,300 per month, a telephone allowance is provided to the tune of $1,000 per month.”
Mr. Halliday will also be entitled to a gratuity of 20% of the gross salary, subject to tax deductions, and an annual bonus payable on attainment of 100% of performance targets.