$170k decrease in FSC salaries

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Fiji Sugar Corporation mill in Lautoka. Picture: REINAL CHAND

There was a $170,000 decrease in the salaries paid to key management personnel in 2024 when compared with 2023 at the Fiji Sugar Corporation.

The 2024 annual report reveals $1.16million was paid to key management in 2023 compared with $1.33million in 2024.

“As of May 31, 2024, eight executives (2023: eight executives), chief executive officer, head of finance, chief operating officer, head of agriculture, 3 mill general managers and chief human resources officer were identified as key management personnel, with the greatest authority and responsibility for the planning, directing and controlling the activities of the corporation,” states the report.

“Furthermore, certain members of the executive management group were provided non-cash employment benefits, such as vehicle, housing allowances and medical insurance cover, in aggregate benefit value of $84,395 for the year.”

  • EDITORS NOTE: A story published yesterday stated there was a $174,000 increase in salaries. The error is regretted and we apologise for any inconvenience caused.