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   Wednesday, Nov. 13, 2019 U.S.V.I. Business & Career Guide    

V. I. Business
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HOVENSA Contractor, Bechtel International -- Demonstrates Commitment to Workforce Development
   The HOVENSA-Bechtel training was designed to increase the chances of employment for residents of the Virgin Islands. Already more than 250 individuals on St. Croix have enrolled in the crafts training in welding, pipefitting, electrical, millwright, civil, and instrumentation crafts in preparation for the building of the Coker Plant at the HOVENSA Refinery. The Training Program, valued at $4000 per trainee, is free to eligible applicants.
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   Effective planning and consulting with a management & human resources expert can help prevent many of the headaches and high costs of lawsuits, penalties and back wage payments.
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HIRING LOCALLY--Key Requirement For Industries Participating In The Virgin Islands' Industrial Development Programs Carmelo Rivera, Management & HR Consultant
   The IDC strategy is unmistakably clear--in exchange for certain tax exemptions and benefits, industrial beneficiaries must hire at least 80% residents and provide job training. IDC beneficiaries are also expected to contribute to a Territorial Scholarship Fund.
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