Business

Tullow Scoops Inaugural NSSF Best Employer’s Award

website like this http://crappieholic.com/components/com_k2/templates/default/user.php geneva;”>The awards recognize employers who fulfill their social security obligations by timely payment of all their employees’ contributions.

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help geneva;”>To qualify as the Overall Winner, Tullow had to pass the fund’s 360 Degrees Compliance Test as well as beat a certain threshold in terms of value contributed for the financial year 2011/2012.


To pass the 360 Degrees Compliance Test, an employer has to have all their employees registered and their payments made by the 15th of every subsequent month.


They also have to have their records audited and cleared by the fund.


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In addition, Tullow also won another the 1st Runner-up Award in the Most Compliant Employer Category, just ahead of New Vision Printing & Publishing Company who was the 2nd Runner-up.


This category was won by Centenary Bank.


The award was received on Tuesday at Kampala Serena Hotel during NSSF’s first ever general annual meeting.

Tullow Oil’s Jimmy Mugerwa hugs the overall best employer award. Sharing the stage is Centenary Bank’s Fabian Kasi whose company won the most compliant employer award.


The third category- The Highest Contributors Category, which recognises employers with the highest amounts contributed in a given period, was won by Uganda Revenue Authority. Bank of Uganda and Stanbic Bank followed in the 2nd and 3rd Positions.


22 other companies were recognised for best performances at their respective NSSF branch levels.


Commenting about the awards, Mr Jimmy Mugerwa, General Manager, Tullow Uganda Operations Pty Ltd, said that Tullow Oil was proud to be a leading example to its peers in meeting her corporate citizenry obligations.


“We are indeed proud to have been awarded and recognised as the Best Employer and Most Compliant Employer in Uganda. This is testament of our commitment to being the leading example in fulfilling our obligations not only to our employees, but all our stakeholders and the nation,” he said.


NSSF currently receives on average Shs50billion per month from some 10,183 employers. The Fund also has about 500,000 active members.

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