Early last year I was destined to join one of the largest publicly traded tanker company in the world. I must say I am a neophyte in a shipping industry. Here, I had the opportunity to access the crew payroll in detail and compared it against the payslip of an ordinary private employee. I must say that indeed, being a “seaman” is quite a lucrative job. They truly deserved such, because aside from the risk associated with their work being with your love ones is for me - priceless. Well- paid as it shows, I stumbled on one benefit that an ordinary private employee is availing but is absent for seamen. This is the Retirement /Pension Benefit, wherein an employer provides a lump sum benefit payment to employee upon retirement. I believe this idea is somewhat raw and still need further research, if why seaman are not given such benefit. But why can’t they have it, like other working employees? IPM
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