Archive

The Cost-of-Living Crisis in Singapore

  • Sep 7, 2023
  • Reading Time: 3 mins

The definition of a ‘cost-of-living crisis’ is when the cost of everyday essentials such as energy and food are rising much faster than the average income. High inflation and low wage growth are the main reasons for the current cost-of-living crisis. Inflation is rising faster than wages and people have less money to spend on the…

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Archive

Has the balance of power shifted from the candidate to the employer in the current jobs market?

  • Aug 1, 2023
  • Reading Time: 2 mins

We recently read an article in HR Magazine suggesting that the recruitment market is no longer candidate-driven based upon a decrease in job postings and an increase in applications on recruitment website Reed. That really jumped out at us because that certainly doesn’t seem to be the case in the global shipping industry where clients…

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Long-Term Incentive Plans for Maritime Executives

  • Jul 30, 2023
  • Reading Time: 3 mins

Designing long-term incentive plans for senior executives in the shipping industry is not always straightforward. Of the 40,000 shipping employees whose data makes up the annual Maritime HR Association salary survey conducted by Spinnaker, 3% receive some form of LTIP. For the limited number of publicly listed organisations, there is a full range of share…

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Archive

2023 Seafarer Wage Reports Released!

  • Jul 17, 2023
  • Reading Time: 2 mins

For 18 years Spinnaker have been providing remuneration benchmarking reports for the maritime industry enabling HR and Crewing teams access to comprehensive reports for their annual pay reviews. It all began with shore-based jobs when the ‘Tanker HR Forum’ was launched in 2005 with 8 founding companies. This membership is now known as the Maritime…

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Archive

Why Partner with a Recruitment Specialist?

  • Jul 12, 2023
  • Reading Time: 3 mins

Using a recruitment consultant can provide several benefits and advantages when it comes to the hiring process. We asked Teresa Peacock, Spinnaker’s Managing Director of the Executive Search division for her top reasons why you should use a consultant. Access to a larger talent pool: Recruitment agencies have extensive networks and databases of qualified candidates….

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Archive

Promoting Diversity and Inclusion in the Transport Sector: Join the Women in Transport Equity Index Survey Today!

  • Jul 5, 2023
  • Reading Time: 3 mins

In today’s rapidly evolving world, promoting diversity and inclusion has become a key focus for organisations across various industries. The transport sector, in particular, strives to address the gender imbalance and create a more equitable environment. The ‘Women in Transport Equity Index’ is a collaborative project that aims to promote diversity, equity and inclusion in…

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Archive

The 2023 OSCAR Dragon Boat Race

  • Jun 29, 2023
  • Reading Time: 1 mins

The OSCAR Dragon Boat Race is back in London on 15th September as the finale event during London International Shipping Week.  It’s time to sign up your team!  The cost is £500 and each team pledges to help raise funds which are helping to develop bone marrow transplant and childhood leukaemia treatments and research.  We…

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Archive

The Day of the Seafarer – Day 6

  • Jun 24, 2023
  • Reading Time: 2 mins

In today’s blog we asked Cathal M.Kirwan, Master/Marine Consultant, presently working as a Marine Rep contracting for BV Solutions for his thoughts on a career at sea and any advice for those starting out in the industry.  What did you enjoy most about your career at sea?  Adapting to change daily.  What drove you to…

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