[lotsofpulp]

> Where I can match pay rates, I cannot match lifestyle.

Pay is short for “pay to quality of life at work ratio”.

If alternatives with better pay to QoL ratios become available, the then either a business can increase the pay to QoL ratio, or it may no longer be viable.

[mcculley]

I did not write "quality of life". I wrote "lifestyle". I find that many young candidates do not want to be on a boat for a week or more away from family. Some do. Most do not. I, personally, enjoyed long voyages when I was young. They added quality to my life.

[pcthrowaway]

Yeah, I'm with other commenters.. it's about what you're paying them (and other perks).

Pay people at all levels a minimum of $5000 for each week away at sea, then they might do 4 months of work (which includes free board but is essentially a 24hr job) and 8 months of other things they enjoy while still living a near middle-class life.

Still having a hard time finding people? Give them more comfortable beds. Get an on-board chef. Ensure they have starlink access when they're not on active duty. Give them appropriate bonuses, dental, medical, RRSP matching

I'd be very surprised if you don't find a number of people eager to do this if their compensation is good enough.

Sure, if 80% of your workforce is only on deck 3-4 months out of the year then of course you have to hire more people too, but you'll find those people. You'll be flooded with people who want to do this. Maybe my calculus is off? Maybe you need to pay $6000/week? $10000/week? I guarantee you there is a salary incentive where people won't refuse. People will leave software engineering jobs to go work on a boat 3 months out of a year (I would at around $7000/week). Doctors will quit, etc.

When people say better pay won't solve the "shortage", I wonder how they so deeply misunderstood free market economics.

"most young candidates" don't want to be slaving away at a factory for most of their life either. They want to be able to buy a house. Maybe even 4 months of rent relief will massively change their lives. Maybe they want to buy a house one day or be able to responsibly have a kid.

There's not a labor shortage, there are just industries that don't pay enough

[mcculley]

Yes, we do lure people with more money. They still won’t be licensed and legal to work as captains for years.

[omginternets]

>I find that many young candidates do not want to be on a boat for a week or more away from family.

I think it would be helpful to this discussion if you were to add "for the amount that I am paying them" to the end of that sentence. Then, you would be addressing the point.

[mcculley]

Before I decided that this industry was a poor place to deploy capital, I was open to paying whatever was necessary to fix the pipeline.

[badpun]

In my country (Poland), long-haul truckers are paid roughly double what the local truckers (those who get to come home every night) make. This is enough to compensate people for the inconvenience, and there's generally no shortage of workers. So, maybe in your case, there's also some multiplier that would work?

[mcculley]

Candidates are definitely attracted to higher pay. The immediate issue is that it takes a long time to get the candidate the seatime, training, and tests to become licensed. We are working on our pipeline. That does not change the shortage today.

[omginternets]

It also doesn’t change the fact that the shortage you are experiencing is due to not paying enough.

[lotsofpulp]

It is the same thing, for the purposes of this conversation. The point is $100k for a desk job and $100k for a captain on a bot is not the same “pay”.

[pcthrowaway]

No, you're on a boat 24 hrs a day, you're at a desk (usually) 8 hrs/day.

$100K for a desk job is comparable to $300K on a boat

[mcculley]

It is not that simple. Crew generally have defined shifts for rest. The boat is responsible for food and other basic supplies.

[pcthrowaway]

Oh yeah, sorry, I meant if the captain is working year-round other than a few weeks of vacation (like with desk jobs)

If the captain works 2 weeks on and 2 weeks off it's probably more like $150K for a desk job

[mcculley]

Right now, any licensed captain with a Master of Towing endorsement can get whatever schedule he wants. If he wants to work 365 days per year, there are idle tugboats waiting for him.

[mcculley]

Indeed. And many candidates will not deal with what they see as a bad lifestyle no matter the pay.