Sri Lanka, Nov. 24 -- Moving away from the 150-year-old attendance based, management dependent wage model towards a productivity based, self-managed, wage model is the way out for the plantation sector which is going through a tough time due internal and external factors, do not augur well for the perennial and one time lucrative industry, a well-known tea industry veteran said.

Hayleys Plantations Managing Director and Past Chairman of the Planters' Association, Dr. Roshan Rajadurai said the Regional Plantation Companies (RPCs) had proposed the 'Revenue Sharing Wage Model' several years ago to replace the old wage based model which is not sustainable for the industry which is facing stiff competition in the global market.

He said the p...