Excel Formula To Find A Tax Percentage Of A Number Some Important Facts About Offshore Jobs – Why the High Pay, and How to Find Jobs

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Some Important Facts About Offshore Jobs – Why the High Pay, and How to Find Jobs

Offshore jobs on oil platforms pay well, often twice the salary of equivalent jobs in the manufacturing and construction sectors. These high salaries are earned by manual laborers without a college degree. An entry level roaster can take home upwards of $45,000 each year for 6 to 8 months of work a year. A geology major specializing in oil exploration can easily double or triple the take home, fresh out of school.

Of course, these salaries are a fair compensation for the dangers and privations faced by offshore oil rig workers. Despite all the hue and cry about the recent Deepwater Horizon accident (with 11 deaths), there have only been two other major offshore oil rig accidents in the 2000-s – Mumbai High North in 2005, which killed 22, and Usumacinta, in 2007. Also 22 people have died. These are rather small numbers, over 400,000 Americans die each year from tobacco use (according to the American Cancer Society).

But if the oil and gas workers are not getting paid in the face of the threat of fatal accidents, then why the sky high salaries? This is mainly a combination of two reasons – oil companies making huge profits and lack of experienced workers willing to stay. The simple fact is that there is a high rate of apathy among front-line workers in the offshore oil drilling industry. Many offshore oil workers cannot endure the physical hardships they face – 12-hour shifts of hard physical work in a hazardous environment, requiring work to be done continuously for two to three weeks without a break (no weekends on board. An oil rig and operations run 24×7); And have to work night shifts. Although the accommodation is free and provided for adequate comfort, many are unable to cope with the noise going on day and night.

Returning to the high salary of drilling work, at one time, these workers receive additional tax exemptions, that is, in certain situations, such as when an oil rig is in international waters, an oil rig worker who does not need to pay any income. taxes Not only that, he can also claim relief for his transportation expenses, for example driving to and from the heliport for work, to and from training. It is also possible to claim individually purchased work gear such as steel toe boots and slicker suits. On top of these, he may also be able to claim relief from state taxes, for example when he is paying taxes for both his residence and his working conditions. Obviously, a proper accountant or tax attorney should be consulted for advice.

Of course, job seekers who have visited Shell’s website or BP’s website to look for offshore vacancies may be wondering how they can find this type of work. After all, the jobs advertised on the websites of these major oil companies are only for higher level management positions like Regional Account Manager, etc. Unfortunately, the way modern oil drilling works is that big oil companies outsource the operation of their oil rigs. Large oil service contractors like Transocean and Halliburton, and then these mid-level companies, outsource the actual work and hiring of front-line workers to many smaller firms. These outsourced workers may or may not be placed under the parent contractor’s headcount, depending on the circumstances. For example, they may count on these outsourced workers to boost their stock prices when they lay off employees, but not when they expand their operations.

Given these facts, the best way to conduct an offshore job search is to find and close job applications with small oil drilling service companies and recruiters. They don’t always have openings, and rarely have a proper database for tracking job applications. Once such a company is found, put its details into an Excel spreadsheet and send the resume. Repeat every three to six months for each company until offshore work is found. Note that this is how mass resume submission services work.

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