Indeed, Caymanians must stay the course with the rollover policy.
I remember well during the 1970s when it was common practice to hire Caymanians onto the banking Industry at an entry level position for $50 per week!
And it was almost impossible to get a promotion as there was always an expat receiving the promotion.
Of course at that time management was in the hands of expats; therefore all the top positions and the top salaries were given to them.
It was unbelievable to see the disparity.
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Caymanians must never let control of their country or their country’s workforce be taken out of their control. It can be done!
Cayman is too small and fragile a nation to allow it. Like it or not, the rollover has to stay!
Richard Parson
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