Jun 12, 2015

Salary Guide for Filipino Seafarers

Salary Guide for Filipino Seafarers
Image by Shipping Wiki
A lot of Filipinos want to be a seafarer. The result, overflowing supply vs demand that leads to a high unemployment rate of seafarers especially those fresh graduates. But let's not get into that.



Who doesn't want a job that has free food, accommodation and a trip all over the world for free? But besides all of that, the main reason why many Filipinos strive to become a seafarer is because of the premium salary, it's way above the rate of local land base jobs. It even beats foreign land base rates at some countries for overseas Filipino workers(OFW).


Below is the table of the salary of a Filipino seafarer on international trades.

Note: 
  • This is only a rough guide. It may vary from company to company, It may be lower or higher. 
  • This is adjusted to the highest possible amount. 
  • Not made for commercial purposes.



RANK
TANKER VESSELS
OTHER VESSELS
MASTER
 530,000
₱ 370,000
C/M
₱ 420,000
₱ 280,000
2/M
₱ 200,000
₱ 150,000
3/M
₱ 150,000
₱ 100,000
D/C
₱ 30,000
₱ 17,000
BOSUN
₱ 92,000
₱ 80,000
A/B
₱ 80,000
₱ 70,000
O/S
₱ 60,000
₱ 50,000
C/E
₱ 450,000
₱ 320,000
2/E
₱ 420,000
₱ 280,000
3/E
₱ 200,000
₱ 150,000
4/E
₱ 150,000
₱ 100,000
E/C
₱ 30,000
₱ 17,000
OILER
₱ 80,000
₱ 70,000
WIPER
₱ 60,000
₱ 50,000
FITTER
₱ 92,000
₱ 80,000
PUMPMAN
N/A
₱ 110,000
ELECTRICIAN
₱ 170,000
₱ 220,000
COOK
₱ 100,000
₱ 100,000
MESSMAN
₱ 60,000
₱ 60,000
STEWARD
₱ 60,000
₱ 60,000



Factors affecting a seafarer's salary:
  1. Principal (Rumors tell that Europeans pay more than any other nationalities). 
  2. Supply and demand of the rank. 
  3. An individual's qualification and performance. 
  4. The company itself
At the end of the day, it's not how much you earn but how much you save. Engr. Nelson Ramirez even said, "Every seafarer should be a millionaire when he/she retires" I can't agree more to this.

Be well educated when it comes to your financial life, be FINANCIAL LITERATE. Reading this ebook "Paglalakbay ng Magiting na Marino" is a good start, just click it. It's FREE.

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4 comments:

  1. Tanong ko lang po ano po mas magandang course BSMT o BSMarE?

    ReplyDelete
    Replies
    1. alam ko po maganda ang BSMT kse nasa ibabaw lng cla ang BSMAE kse nasa ilalalim sila at napakainit sa ilalim e

      Delete
    2. BSMT po kse naasa taas po sila ang BSME kse po nasa ilalim cla krudo mabaho mainit yan masarap sa ibabaw..haha..sana makatulong

      Delete
  2. MarE overload na mt haha

    ReplyDelete