Prime Minister Edi Rama

PM: Businesses Must Invest in Human Resources

Prime Minister Edi Rama in his podcast "Flasim", in a discussion with the professor and economy expert Selami Xhepa spoke about the importance of investing in human capital in business in the country, where the part of increasing salaries is only one side of the coin.

Xhepa said that everyone wants higher salaries but this is done by working harder to share more.

According to Xhepa, if you do not produce more, you have nothing to share. "There can be no indexation, no increase in welfare without producing more and sharing even more," said Xhepa.

Prime Minister Rama said that creating conditions for continuous training and education of human resources in various companies is a good opportunity to invest in employees.

"Business is becoming aware that human resources are A and Z and the other letters are in between. Because they have made investments in infrastructure, and logistics, in their lives and have always seen the employee as “We have him/her there”. Now that it has become more difficult to keep people and more difficult to find the right person for the right job, they have understood and have increased salaries. It is not just a matter of increasing salaries, but a great deal of work must be done to raise awareness that it is not simply a matter of increasing salaries, but of creating conditions for training and education of every resource,” said Prime Minister Rama.

Prime Minister Rama indicated that in the process of Albania’s integration into the European Union, the business part remains the most challenging.

Professor Selami Xhepa brought the example of Greece, stating that: "for political reasons, every time they went to the polls they created a company, in the next campaign they doubled the company, in the next they tripled the company and more companies, they constantly increased salaries and it turned out that the public sector collapsed. The laws of economic development are like the laws of nature, we cannot avoid them. The approach must change and there must be a different culture about the way they should view their sustainability in the long term. If they do not understand these challenges now, the day will come very soon when they will face the tsunami and this will be a problem for our economy and society later on."