OTML takes home nasfund’s ‘employer of the year’ award

Business

THE Ok Tedi Mining Ltd (OTML) has been given the 2021 employer of the year award by National Superannuation Fund Ltd (nasfund).
According to OTML, it also received the award including three other awards for best employer voluntary contributor, 1st runner up – best member voluntary contributor; and, 2nd runner up – most compliant in account maintenance during a presentation held last Thursday in Port Moresby.
OTML managing director and chief executive officer Musje Werror thanked nasfund and commended OTML human resource and finance teams for their efforts to ensure the company and employee contributions were made on time.
“Last year was particularly challenging as our operation was significantly impacted by the Coronavirus (Covid-19),” he said.
“We had to suspend operations for 2 weeks, had ongoing labour shortages due to isolation and quarantine requirements and fell short of meeting production targets.
“Despite the setbacks, our human resource and finance teams ensured the fortnightly superannuation contributions were not affected.
“I am also pleased to see our employees making additional contributions towards their superannuation.
“It goes to show that our employees are thinking about their future and putting funds aside.”
The nasfund employer awards recognises the best performing employers who have complied with the Superannuation General Provisions Act 2000, especially sections that govern the remittance of contributions, registration of new employees as members and proper completion of forms to enable 100 per cent biodata is captured, benefit payments to be paid and corresponding responsibilities.