Pay Cuts

Does anybody know what percentage these OSV companies can cut a mariners pay in the Gulf?

They can cut you however much they want to.

99.9%-100%

[QUOTE=Salty Dog;164761]Does anybody know what percentage these OSV companies can cut a mariners pay in the Gulf?[/QUOTE]

When the industry took a hit in 1982 they cut pay by 35%. I was told back then that was the limit they could cut a mariners pay per Louisiana law.
Does anybody know if this law still stands or if it ever existed. Not a WAG (Wild ass guess) but actually knows what the law or statute is.

Thanks

Doubt Mariners wages are regulated by any state law. But that’s an uneducated guess…that whole interstate commerce thing.

Harvey has cut up to 30% in officer positions for most boats. Even more if your boat is off-charter and unlicesned positions. Shane sent out an email telling people to get finances in order because more cuts are coming. Harvey just bought Gulf Coast Shipyard as well. At least the latest paycheck cleared the bank. It’s bad everywhere.

Of course,the first paycheck on the latest cut hadn’t even hit the bank before he sent that out. Hard to plan finances when it seems like every time you show up for work you get a paycut. How deep the paycuts will go is anyones guess. Shane promised after each of the first two 10% cuts that those would be it…and here is still cutting. So who knows how much more Shell will want him to cut payroll. Boats are being cold stacked, crews are being laid off. If you on a boat with a charter coutn yourself among the lucky.

[QUOTE=bayoudreamin;164775]Harvey has cut up to 30% in officer positions for most boats. Even more if your boat is off-charter and unlicesned positions. Shane sent out an email telling people to get finances in order because more cuts are coming. Harvey just bought Gulf Coast Shipyard as well. At least the latest paycheck cleared the bank. It’s bad everywhere.

Of course,the first paycheck on the latest cut hadn’t even hit the bank before he sent that out. Hard to plan finances when it seems like every time you show up for work you get a paycut. How deep the paycuts will go is anyones guess. Shane promised after each of the first two 10% cuts that those would be it…and here is still cutting. So who knows how much more Shell will want him to cut payroll. Boats are being cold stacked, crews are being laid off. If you on a boat with a charter coutn yourself among the lucky.[/QUOTE]

I wasn’t aware that oil companies dictated to boat companies what to pay and what not to pay their employee’s! As far as having a long term contract with an oil company. Once their contract has been renewed then it’s no longer luck but the hard work and consolidated effort of all on board to perform their job in a manner that coincide with the oil companies policies and rules.
That’s not luck but the renewal of a contract is an award issued to those who have earned the respect of the oil company for following their policies and directives.

Has the “company of choice HOS” laid anyone off or cut pay?

I would think they are sitting pretty on that golden deal they got from the navy a few months back.

No company has been spared in this downturn. The Chouesticles people are finally experiencing the pain the rest of us have endured for the last 6 months.

HOS has laid off around 200-300 guys and has cut pay twice in 6 months. 401k has also been squashed.

Did HOS screw it’s guys out of their already earned 2014 401k match like ECO did, or did they just cancel the 2015 match going forward?

They just cancelled it going forward. They also let everyone know before the first of the year.

That was sooo sweet of them to let everyone know in advance (role eyes)

[QUOTE=bayoudreamin;164775]Harvey has cut up to 30% in officer positions for most boats. Even more if your boat is off-charter and unlicesned positions. Shane sent out an email telling people to get finances in order because more cuts are coming. Harvey just bought Gulf Coast Shipyard as well. At least the latest paycheck cleared the bank. It’s bad everywhere.

Of course,the first paycheck on the latest cut hadn’t even hit the bank before he sent that out. Hard to plan finances when it seems like every time you show up for work you get a paycut. How deep the paycuts will go is anyones guess. Shane promised after each of the first two 10% cuts that those would be it…and here is still cutting. So who knows how much more Shell will want him to cut payroll. Boats are being cold stacked, crews are being laid off. If you on a boat with a charter coutn yourself among the lucky.[/QUOTE]

I heard a rumor that Shell cancelled some of their contracts on those LNG boats. Any truth to that?

You have a great username and its timely for these topics.

Who is John Galt?

One of life’s great chiefs

I see what you did there.

[QUOTE=ko0k;165081]Who is John Galt?[/QUOTE]
A fictional character created by a meth addict living in a fantasy land.

[QUOTE=Salty Dog;164761]Does anybody know what percentage these OSV companies can cut a mariners pay in the Gulf?[/QUOTE]

If it makes you feel any better, I’m a shore based employee and we have taken cuts in the neighborhood of 20-25%. Whereas our offshore personnel received a 10-15% cut. Either way it sucks for everyone no matter what percentage your monetary intake was lowered.