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NPA Creates Transparent Compensation System To Pay Employees, Contractors

The National Port Authority of Liberia (NPA) is set to commence the disbursement of live checks to over 2,000 employees and contractors this week.
This initiative, which will impact personnel at the ports of Monrovia, Buchanan in Grand Bassa County, Harper in Maryland County, and Greenville in Sinoe County, is geared towards eliminating non-existent or ghost names from the payrolls ensuring a more accurate and transparent compensation system.
According to the press release, this exercise will verify the legitimacy and accuracy of payroll salaries and confirm that all individuals receiving salaries are bona fide employees of the NPA. Expected to last for two months, this process will help identify opportunities to enhance systems, procedures, and processes, thereby preventing the reactivation of non-legitimate employees on the NPA’s payroll.
The payroll verification process is one of the top priorities of the Management of the Port.
The NPA has resumed the distribution of rice to its employees and contractors as part of their monthly benefits, a practice that had been dormant for the past 10 months.
“All employees, including senior management will receive two bags of rice for equitability and transparency. Previously, senior management received six bags of rice as part of their monthly benefits,” the release added.
This move underscores the NPA’s commitment to fairness and employee welfare. In another development, the NPA has announced the commencement of a comprehensive audit of all its ports nationwide by the General Auditing Commission (GAC), which began on May 20, 2024.”
The audit, expected to last 90 days, will cover human resources, financial statements including balance sheets, income statements, cash flow statements, and notes to the financial statements and the physical infrastructure of the NPA.
“This audit will span the period from 2019 to 2023, providing insights into the NPA’s financial health and performance,” the release said.
Meanwhile, the NPA Management expressed satisfaction with the economic viability at the Port of Buchanan in Grand Bassa County.
The management said since assuming control of Buchanan Port a little over two months ago, revenue intake has significantly increased due to the implementation of a robust financial management control system.
The NPA Management emphasized its commitment to transforming the Port of
Buchanan into a world-class shipping facility through rehabilitation and expansion as it aims to improve internal controls, financial reporting processes, and governance practices.
The NPA management said it believes that operational inefficiencies identified during the audit will enhance overall effectiveness and help the NPA in achieving its strategic goals.

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