How do companies benefit from training cadets?

[thisisnotapseudonym]

I have recently been offered a place with Evergreen Marine (UK) Ltd.. Unfortunately, they do not employ British qualified cadets at the end of the sponsorship. My question is: what's in it for them?

[TheIrish]

Re: How do companies benefit from training cadets?

I have recently been offered a place with Evergreen Marine (UK) Ltd.. Unfortunately, they do not employ British qualified cadets at the end of the sponsorship. My question is: what's in it for them?

Huge tax breaks for them. when i went for my interview with CMA we got a big lecture about, and why they are here employing cadets. I think it may be called 'the tonnage tax''

[MEJG]

Re: How do companies benefit from training cadets?

tax relief through the tonnage tax

http://www.mcga.gov.uk/c4mca/ukr-home/merchant/tontax-holding/tontax-7.htm

[dawg]

Re: How do companies benefit from training cadets?

I don't think companies are allowed to openly state that they won't offer any of their cadets a job at the end... if you read the details of the law on this, it doesn't sound like they can - nor do I think they should be able to either. I think the UK ought to be a bit more protectionist like the US and Austrialia on crewing.

(Have a deek at the first few references on this page: http://www.officercadet.org/pmwiki/pmwi ... Main/Money)

[TheIrish]

Re: How do companies benefit from training cadets?

Yes memo I was told when I asked the question about a job after that, they said, There is a 50:50 chance, all depending on how things are going economically though he said, it doesnt happen much where they have taken on cadets for a job after

[carole88]

Re: How do companies benefit from training cadets?

I also had an interview with Evergreen before and they said that they don't employ British officers because all their crewing is done from Taiwan/Philippines etc. Although they didn't say you couldn't go to Taiwan or the Philippines and apply to their offices there..maybe you wouldn't want to but I guess it's a possibility!

[Beef1992]

Re: How do companies benefit from training cadets?

this will bite the british goverment in the ass if there is ever a major war .

[thisisnotapseudonym]

Re: How do companies benefit from training cadets?

Thanks for the info and links on this. I did think it was strange that they were so open about not employing cadets after training...

[penfold]

Re: How do companies benefit from training cadets?

this will bite the british goverment in the ass if there is ever a major war .

I have a feeling that registered UK seafarers are covered by some of the STUFT legislation, so you might find a brown envelope with OHMS on it dropping through the letter box if the Chinese/Russians/whoever press the big red button. I could be wrong though, and there's nothing obvious popping up on google.