Subscribe to RSS feedAll Hapag-Lloyd staff face salary cuts
Hapag-Lloyd has confirmed an internal announcement of an across-the-board pay cut of at least 5% for all staff worldwide, including seafarers, with senior employees facing a 20% reduction in salary.
While most top shipping operators keep their remuneration policies under wraps, sources familiar with the maritime labour market were not aware of any other big name operator which has adopted a similar policy.
However, Hapag-Lloyd indicated yesterday that its hand had...
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