#magneticmedianews#ctocaribbeannews Related Items:#magneticmedianews #ctocaribbeanweek, Sheri-kae McLeod American Tourist Shot in TCI, In Serious Condition at Hospital in Florida Facebook Twitter Google+LinkedInPinterestWhatsAppNew York, June 8, 2017 – New York City – On June 8, at Caribbean Tourism Organization (CTO) Board of Directors Meeting in New York, Executive Coordinator, Charlene Drakes pinned and officially introduced the new Caribbean Tourism Organization (CTO) Chairman, Hon. Dionisio James D’Aguilar.Mr. D’Aguilar, Minister of Tourism, Aviation and Bahamasair in The Bahamas, was among the Caribbean representatives in New York for CTO’s Caribbean Week being celebrated from June 3 – 10.Notable figures from the Caribbean also received awards from the organization including Hon. Ralph Higgs, Minister of Tourism for Turks & Caicos Islands, who was on, June 7, presented with the Allied Award. The award is presented to an individual among the CTO family who has done an extraordinary job of contributing, in a tangible way, to the sustainable development of the region.The other awardee is set to be is Jamaican Adam Stewart, Deputy Chairman of Sandals Resort International who will get the Jerry Award, for demonstrated passion in the development of the region through time, energy, financial, and other personal and professional resources.The CTO’s goal is to provide to and through its members, the services and information needed for the development of sustainable tourism that contributes to the economic and social benefit of the Caribbean people. The agency currently comprises of 28 Caribbean governments bodies. Recommended for you STATEMENT FROM THE MINISTRY OF TOURISM ON RECENT SHOOTING OF VISITOR Usain Bolt is the Seventh Most Popular Athlete in the World Facebook Twitter Google+LinkedInPinterestWhatsApp
Domestic companies are expected to hand out an average salary hike of 10.8% to their employees in 2016 even as they become less optimistic over growth prospects, according to a consulting firm.However, a spike in inflation will eat into a significant part of the salary hike, said the firm.”India is expected to see an overall projected salary increase of 10.8%. Factoring inflation at 6.1%, the net salary increase in 2016 is expected to be marginally higher at 4.7% as against 4.5% last year, when inflation was at 5.9%,” said Nasdaq-listed professional services firm Towers Watson.The expected salary hike would come about despite a bearish mood among nearly 58% of the Indian companies about their business growth, Towers Watson said in its report titled “2015-16 Asia-Pacific Salary Budget Planning Report.””Employers may be bearish in thinking there is a weak business outlook given the current poor market data, but the case is the opposite for employees, who hold bullish expectations for salary rises. Employers will need to carefully manage employees’ longer term expectations, if they are to achieve a content workforce,” Business Standard quoted Sambhav Rakyan, Data Services practice leader Asia Pacific at Towers Watson, as saying.The “top performers” are likely to see an average hike of 12.5%, while “above average” and “average” performers could receive 11% and 9.7%, respectively.Employees in the energy sector are expected to get the highest salary hike in 2016 at 11.5%. Pay hike in high tech and financial services sectors is likely to 10.7% and 10.4%, respectively.