Malta
Foundation for Human Resources Development (FHRD)
- Address :
- Casa Leone, Pjazza Robert Samut, Floriana, FRN 1200
- Phone number :
- + 00 356 21378895
- Fax number :
- + 00 356 21381945
- Website :
- http://www.fhrd.org
- Email address :
- info@fhrd.org
|
President | Annika Galea |
| Chief Executive Officer: |
Joe Gerada |
| Date Association Founded: | 1990 |
| National Employers' Association: | Malta Employers' Association (MEA) |
| National Unions' Association: | Confederation of Malta Trad Unions (CMTU) |
| Government Employment Office: | Employment and Training Corporation (ETC) |
| Total Number Of Members: | 30,500 members incl. individual members, Government Department Agencies with alone approx. 30,000 members; |
| Membership Categories: | Corporate, SMEs, Individual, Student and Graduate |
| Annual National Conference Dates: | 5th October 2012 – The Challenge, Our Journey, The Outcome. To be held at Corinthia San Gorg, St.Julians. |
| Major events: | The Malta People Awards – 7th December 2012 |
Economy
- Real GDP growth: 1.4% (Q3 2004)
- Inflation rate: 2.75% (Nov 2004
- Trends: View latest Economic Indicators at http://www.nso.gov.mt/Indicators/econindic.pdf
Politics
- Party in power: PN – Nationalist Party
- Changes over the last 12 month: None
- Major issues on the agenda:
- Reduction of V/Leave (no additional V/L for public holidays falling on Sat & Sun)
- Eco-tax on plastic bags, IT equipment, batteries……. (on all non-degradable products)
- Increase on electricity (up to 17%)
- Pension Reform
Labour market
- Employment rate: 54.0% (Labour Force Survey July – Sept 2004)
- Unemployment rate: 7.3% (LFS July – Sept 2004)
- Job growth: 1.4% (increase calculated Sept 2004 over Sept 2003 employed from LFS)
- Skills shortages: Form work erectors in the construction industry mainly due to conditions of work
- Rate of pay increases: Definition required (according to LFS the average annual salary in Sept 2004 was 0.42% less than in Sept 2003 but this could be way off what is being requested)
HR issues
- New employment legislation: Work time directive
- New government initiatives: National Action Plan http://www.etc.org.mt/nap/ (full employment, quality and productivity at work; cohesion & an inclusive market)
- Trends to notice:
- Re-structuring and downsizing sacrificing HR positions.
- More young HR practitioners are being employed
- News: More qualified HR and Training practitioners (MSc, MBA…)
Taxation and social insurance law
- Social security contribution: 10 %
- Tax rate: Company 35%
- Income tax: 15%, 20%, 25%, 30%, 35%
- VAT – 18% generally (for some goods & services – 5%)
Source: National Statistics Office, Malta.
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