Salary / Wage Surveys
“You can’t manage without information, and you can’t manage well without good information.”
Precious Associates (PAL) has been providing independent shipping related information to the maritime industry for over 20 years. A wide range of information is provided to marine clients to enable them to manage their shipping operations more effectively.
The rapidly changing nature of the maritime industry generates demands for different types of surveys and reports to enable marine managers to plan and maximise the use of their resources.
We have developed an extensive library of marine personnel related information and are often able to provide information based on that resource alone. Other requirements need a bespoke solution to identify, gather and present specific information needed for that client’s requirements.
As an expert voice within the maritime industry, PAL also contributes to various maritime publications as well as attending as key speaker at industry manning events worldwide.
PALalso provides a Secretariat service for a number of specialist maritime groups. This includes preparation and facilitation of meetings and management of surveys and information exchange.
Our range of management information includes:
- Benchmark surveys and studies for manning and operating costs – for all types of merchant navy vessels worldwide
- Marine manpower survey and marine salary survey for shipping - all vessel types covered including tanker sector, dry cargo ships, offshore supply and support vessels, FPSO etc.
- Reports on seafarer wage scales within the international shipping industry
- Providing historical and trend data on sources, availability and cost of seagoing and shore based marine personnel
- Specialist reviews and reports on all manning and training related themes
- Key speakers at manning and training conferences and events worldwide
- Reports and articles for a variety of specialist maritime publications
- Contributing authors of the annual Drewry Manning Report
- BIMCO / ISF five yearly industry survey
- Permanent Secretarial role for a range of shipping groups
About Marine Salary / Wage Surveys
Shipping companies need to understand how employment practices are changing in the maritime industry to make sure they are maintaining their position and are able to attract the quality and quantity of shore based and seagoing crew they need.
The value to Companies in participating in PAL marine salary surveys covers a number of aspects. It enables Companies to assess their position, both nationally and internationally, on how their employment policies and marine wage scales compare to other shipping operators and to determine if they are at their preferred level within the market. The information helps them to be as knowledgeable, as many seafarers are, in relation to seafarer wage rates and conditions on offer. It also allows them to determine, over a period of time, possible trends. The information also enables like for like comparisons to be made with other shipping operators i.e. the monthly berth cost of wages, vacation and leave.
What does a Precious Associates Survey provide?
- Wages for sea and shore based marine personnel
- Wage comparisons by nationality – example countries include UK / India / Philippines / Poland / Croatia / Russia / Latvia / Ukraine / Romania / Spain
- Comparisons of seafarer Terms and Conditions
- How companies attract and retain marine personnel with key skills
- Salary surveys for specialist areas e.g. Tanker vessels, Container Ships, Dry Cargo vessels, Offshore Support etc.