- The Index, Published Quarterly, Ensures That Seafarers Are Paid in Line With the Market
Seafaring as a career option has been significantly weakened by the ongoing pandemic. Global media coverage of the crew change crisis and related issues has caused many prospective seafarers to reconsider their decision. Salaries are a first step in getting prospective seafarers to rethink. Applicants who are looking for a job naturally expect to be paid on par with the competition. However, it can be difficult to find out.
Overall, companies spend a lot of money on the salaries and benefits of their employees. The way a company rewards its most important asset has a tremendous impact on the overall performance of the team and the entire industry. Marine Online ‘s recruitment arm, Crewing Online, has released a quarterly salary index to help employers attract and retain the best talent.
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Edmund Chik , Marine Online ‘s Deputy Chief Operating Officer , observed: “Compensation has a tremendous impact on company performance. Therefore, more should be invested in compensation strategies to attract and retain the best talent. Our GSSI is a comprehensive dataset that provides an understanding of prevailing wage rates and trends.
They are compiled by both global seafarers’ agencies and the Seafarers’ Disclosure Office to ensure authenticity and reliability. Our quarterly published GSSI will help shipowners, crewing agencies and seafarers identify pay discrepancies to ensure all stakeholders are up to date on pay trends. Most importantly, it helps seafarers regain confidence in their career choices.”
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The company recently assisted a Chinese shipowner in assembling an Indonesian crew and took care of all the preparations, including transportation. Crew personalization service is also available from Marine Online . As a one-stop platform, it is also able to assist clients in obtaining the required certification, even from the Panama Maritime Authority (AMP).
Marine Online is a long-standing partner of AMP and enables shipowners to register their ships and request crew endorsements via the platform. Because everything is done digitally, ship owners no longer need to travel to the Panamanian Embassy in Singapore to complete administrative procedures. As a client-centric platform providing value-added solutions to professionals in the maritime sector, Marine Online has conducted transactions for clients from Indonesia, China , Singapore and Greece to date.
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