The Privatisation and Corporatisation Board (PCB) has commenced the process of revising human resources (HR) guidelines for state-owned enterprises (SOEs) in the Maldives, with the aim of ensuring that only qualified and competent employees are hired. This initiative is part of broader efforts to improve the efficiency and integrity of recruitment practices within SOEs.
The PCB began a series of working meetings on August 25, with another session scheduled for August 29, to discuss and refine the proposed changes. Representatives from various SOEs are actively participating in these discussions, providing valuable input and suggestions to shape the new guidelines.
The PCB has highlighted several key objectives for the revised HR guidelines. Among these is the prevention of overstaffing, which has been identified as a significant issue leading to wasteful spending in some enterprises. The updated guidelines are also intended to eliminate corrupt practices in recruitment and salary payments, ensuring that positions are filled by individuals who are both educated and experienced.
In addition to these measures, the new HR guidelines will be designed to align with the standards of an effective HR system. This will include detailed procedures on recruitment processes, the roles of HR committees, salary structures, and the overall administrative framework within SOEs.
The PCB has expressed confidence that these revisions will lead to a more transparent and merit-based recruitment process, ultimately contributing to the better management of state-owned enterprises in the Maldives. The updated guidelines are expected to be finalised and implemented in the coming months, following the conclusion of the ongoing consultation process.
