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Shipping industry (low basic + high bonus?)

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Old 02-05-2018, 06:54 PM
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Default Shipping industry (low basic + high bonus?)

Recently gotten an offer from one of the shipbuilding companies but the salary offered is a 10% cut from my current salary. Role is marketing/corp communications, which is very different from my current role as a researcher. Current pay is about 3k, and it's my first job.

Would like to know if the bonus in shipping industry is usually fixed (HR told me about 3-4 months including AWS, or can be higher). What I know is the shipbuilding industry is not doing very well right now, so I'm wondering if I'm taking a risk by accepting a lower basic pay. HR also said it is normal for people in this industry to receive a low bonus and get 'reimbursed' via high bonus.

Any inputs?

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Old 02-05-2018, 07:55 PM
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Quote:
Originally Posted by browncomb View Post
Recently gotten an offer from one of the shipbuilding companies but the salary offered is a 10% cut from my current salary. Role is marketing/corp communications, which is very different from my current role as a researcher. Current pay is about 3k, and it's my first job.

Would like to know if the bonus in shipping industry is usually fixed (HR told me about 3-4 months including AWS, or can be higher). What I know is the shipbuilding industry is not doing very well right now, so I'm wondering if I'm taking a risk by accepting a lower basic pay. HR also said it is normal for people in this industry to receive a low bonus and get 'reimbursed' via high bonus.

Any inputs?
Dont accept this offer if you think it is a risk.

Shipping industry is not doing well. Smaller firms may not survive.

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Old 02-05-2018, 09:37 PM
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Quote:
Originally Posted by browncomb View Post
Recently gotten an offer from one of the shipbuilding companies but the salary offered is a 10% cut from my current salary. Role is marketing/corp communications, which is very different from my current role as a researcher. Current pay is about 3k, and it's my first job.

Would like to know if the bonus in shipping industry is usually fixed (HR told me about 3-4 months including AWS, or can be higher). What I know is the shipbuilding industry is not doing very well right now, so I'm wondering if I'm taking a risk by accepting a lower basic pay. HR also said it is normal for people in this industry to receive a low bonus and get 'reimbursed' via high bonus.

Any inputs?
3-4 months inclusive AWS works out to just 2-3 months real bonus which is pretty low compared to many other industries. Like that the HR still dare to call this 'high bonus'? Haha and still need to take a pay cut, I will just politely tell them fcuk off.

3k this sort of low pay level also want to undercut to 2.7k!? Co. with this sort of HR mentality dun bother to join them unless really desperate.

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Old 12-07-2018, 11:24 AM
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Going into shipping related job is like digging your own grave. Truth be told that it is quite SOP for shipping HR to be totally unethical to quote 3-4mth bonus but in reality is bonus only offered (0.5mth) once in 3-4 years. Stay off any shipping or offshore jobs - coming from industry within
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Old 12-07-2018, 11:29 AM
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Originally Posted by browncomb View Post
Recently gotten an offer from one of the shipbuilding companies but the salary offered is a 10% cut from my current salary. Role is marketing/corp communications, which is very different from my current role as a researcher. Current pay is about 3k, and it's my first job.

Would like to know if the bonus in shipping industry is usually fixed (HR told me about 3-4 months including AWS, or can be higher). What I know is the shipbuilding industry is not doing very well right now, so I'm wondering if I'm taking a risk by accepting a lower basic pay. HR also said it is normal for people in this industry to receive a low bonus and get 'reimbursed' via high bonus.

Any inputs?
Tell hr to front load the salary. ie 5k per mth if not no deal. Say u don't mind no bonus.

Your basic is too low to make the deal worthwhile. However if u don't have other job offer, then no choice. But I don't think it is a gd deal.
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Old 12-07-2018, 01:55 PM
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Quote:
Originally Posted by browncomb View Post
Recently gotten an offer from one of the shipbuilding companies but the salary offered is a 10% cut from my current salary. Role is marketing/corp communications, which is very different from my current role as a researcher. Current pay is about 3k, and it's my first job.

Would like to know if the bonus in shipping industry is usually fixed (HR told me about 3-4 months including AWS, or can be higher). What I know is the shipbuilding industry is not doing very well right now, so I'm wondering if I'm taking a risk by accepting a lower basic pay. HR also said it is normal for people in this industry to receive a low bonus and get 'reimbursed' via high bonus.

Any inputs?
There's no such thing as fixed or near fixed bonus. Honestly speaking, the shipyard can pay more than 3-4 months of bonus during good times, but times aren't really good right now so expect much less than 3-4 months.
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