1. Lucrative Pay-Packages
A very big incentive for anyone to take up a profession is the allure of pay-packages and salaries. The merchant navy offers extremely high payment scales, even for fresh entrants in the profession, starting at about US$ 250 and extending up to about US$ 15,000 on a monthly basis. The payment scales are set as per the existing IMO (International Maritime Organization) and ILO (International Labour Organization) laws.
Additionally, the salary in merchant navy also varies from company to company and on the basis of the qualification and the position held by an individual.
Merchant Navy is one of the few careers where the salary hardly matters. It can range anywhere between Rs.15000 to Rs.9 lakhs per month though the pay structure differ from company to company, city to city, the export-import needs, seniority etc. All crew members and officers are given free meals on board and senior officers can take along their wives for the voyage.
Usually emolument in a foreign vessels are higher specially the West European, U.S and the Gulf. Every officer and crew of the merchant navy working on board a vessel which is carrying foreign cargo is entitled to 75% of his net earnings in foreign exchange. Besides this, imported liquor, cigarettes, canned foods, cosmetics are available on board duty free.
2. Tax Free Income
The interesting fact is that there is no income tax return imposed on the earnings of a merchant navy professional. Paying taxes is a responsibility that everyone is wary of. However, people involved in the merchant marines are exempted from paying taxes, if they meet the requirements necessary for exemption purposes. A merchant marine professional has to spend a minimum of six months on-duty aboard a vessel, following which the professional will be exempt from paying tax for the specified financial year.
3. Destinations Galore
People involved in the merchant marines get to experience exotic destinations across the whole world. And since jobs in merchant navy require an individual to spend extended periods of time at sea, there is no dearth of time when it comes to exploring these singular destinations.
4. Confluence of Cultures
A professional involved in a merchant marine career gets to meet and mingle with people of different cultures and nationalities. This helps the individual to understand and function better as a team player and learn the nuances of different cultures and traditions at the same time.
5. Enhances Professionalism
Working in the merchant navy enables individuals to function better as a unit. Merchant mariners are required to possess good communication skills and extreme resourcefulness, along with following and maintaining high discipline. These qualities are further honed when a person spends considerable amount of time functioning as a part of a novel team in the high seas. A person not only evolves professionally but also personally while working in merchant navy.
6. Extensive Exposure
Merchant navy careers offer a lot of exposure to unexpected events, situations and emergencies. By facing such unmitigated events, professionals gain a widespread knowledge about dealing and facing such problems, in the event of them arising again. The exposure one gets in this field is unlike anywhere else and which helps a person to grow in every aspect.
7. Inspiring Adventure
A career in merchant marines is like having adventures on a day-to-day basis. It's an adventurous life out there. Other routine jobs, involve people having to spend nine hours in an office. This is not for people who like nine-to-five jobs. Merchant mariners get to explore and view the excellent oceanic vista for days on end which, acts as inspiration unlike any. Not only this, the situations which one faces at sea provide experiences of utmost adventurous types.
8. Less demanding Qualifications
A career in merchant navy can be taken up immediately after clearing the high school examinations with subjects like physics and mathematics. For individuals who do not want to gain higher Academy education or cannot do so because of certain reasons, taking up a merchant marine career is the most feasible choice. Not only does it provide good pay but also help in molding a better career. Having said that, there are career in merchant navy that requires high qualifications as well.
9. Regulated life-style
Punctuality and discipline are two very important qualities that a person gains through a merchant marine career. Since the oceans are highly unpredictable, a seaman has to be highly cautious, focused and alert to counter any eventuality, thereby reducing the repercussions substantially. These two qualities are imbibed in maritime professionals right from their Academy training. The professionals are expected to follow a strict disciplined lifestyle according to navy rules and are also required to wear navy uniforms throughout their careers. In case you are uniform fan, maritime career is an exciting option for you.
10. Extended Vacations
Since the nature of the job requires long working periods, the vacations offered to merchant marine professionals are equally compensating. This enables these professionals to enjoy the best of both worlds land and water. A 2 - 4 months vacation is definitely long enough to unwind and follow all your passions, isn't it?