Employment policy
In accordance with the Group’s employment policy, all crews in the SCF fleet are manned with maritime professionals whose training meets the world’s best standards.
The Employment Policy is reflected in a system of internal regulations geared to attract and select qualified personnel, provide professional development (training, career growth, talent pool), motivation and incentives for employees, and assess their performance.
The key areas of HR activities carried out by SCF Group are as follows:
- Enhancing the attractiveness of work on the Group’s vessels, combined with improving the system for selecting, training and manning of ships with competent crews;
- Optimising costs through benchmarking and aligning with industry averages;
- Further improving the personnel motivation system, implementing the Long-Term Motivation Programme designed for five years. At the start of the programme, in 2015, the best masters and chief engineers employed on Sovcomflot Group vessels became its participants.
The Sovcomflot Group’s total staff number is over 7,700. Due to the nature of the Group’s operations, fleet personnel (6,806 people as at 31 December 2019 Including the crews of the ships of third-party owners managed by SCF Group. make up the bulk
| Category | As at 31 December 2019 |
|---|---|
| Officers | 3,059 |
| Ratings | 3,712 |
| Seismic exploration group | 35 |
| Total | 6,806 |
Sovcomflot Group is a reliable and stable employer, which complies with the legal requirements and strictly fulfils its financial obligations to employees. This is appreciated by our personnel, as evidenced by a consistently high retention rate in the fleet: in 2019 it was about 95.6 % for officers and 94.3 % for ratings. The retention rate for senior officers in 2019 was 98.2 %. This shows that Sovcomflot Group is viewed as an attractive employer, and is able to retain skilled staff.
Sovcomflot Group pays special attention to the career growth and development of its employees. A performance appraisal of the Group’s employees based on key performance indicators is regularly conducted. Based on the results of this appraisal, 631 employees were promoted to a higher rank, including 126 senior officers, 273 junior officers and 231 ratings.
The Group has developed a programme to promote the most talented first officers and second engineers to the positions of master and chief engineer respectively.