Oceaneering bonus program

There is some Bonus but depends on the contract you have they have many different types depending on which office. They would be more than dozen different contract for Pilot Techs.

Anyway for example if your on a Dubai one and if a Pilot Tech you want see any extra pay as they take i think 6% of you for your TAX where this money goes i dont know.

As a Pilot Tech your Bonus % is less than 6 % as well.

If Oceaneering does have a bonus program its not worth the paper thats its printed on . Same with contracts just read the small print .

Cheers

Raptor

My point is the bonus is crap for a new person going to OI.

Why well depending which contract your on.

If your on a Dubai contract and should be paid gross but get paid less 6% then the salary is all ready at 94% of what is should be.?

It takes several years to over come this loss.

I have worked for ABZ and Dubai and as an agency contractor so i have seen first hand and met guys who earn less and OI was one company it happens in.

Why should i pay 6% TAX for what reason? No one else pays it working in those sectors?

OI ABZ is perhaps a good place to start a career though.

You dont have to go very far to confirm my statement is correct just look back on the Archives on this web site .

Year after year same main line company’s looking for personnel , I think it was Oceaneering that the guys in India had to give money before they could work for them .

At the end of the day its down to how much money your going to make and none of these bonus schemes seem to last or work if they worked they would not have the crewing problems that they have now .

A few years back I seem to remember a bonus scheme for working down in Africa that may not have been Oceaneering but it was stopped .

Any way dont take my word for it just go back a few years on this forum .
A loyalty Bonus is there to try to keep you with that company but when there is no work like 1986 your all on the dump as the rest of us .

Cheers

Raptor

In the OI AME Div. loyalty bonuses are paid out according to employees time with the company twice a year as stated above. Employee’s also get half day rate more for every day they work over 105 days in a six month period. OI guys from this div. do pay 6% foreign tax every check but for U.S. citizens that is all credited back to them by the U.S. Federal Gov. when they file income taxes every year so it evens out. So if you owe the U.S. 30K in taxes they will subtract that 6% you paid in on foreign taxes and it reduces your overall debt to the U.S. Gov. by that much. And the max for the bonus is now at 14%.

I am looking at my online payslip and it states my location as Offshore Angola. That was good enough for my CPA to do my taxes this year! I am not contract, I am an actual employee of OI, that might make a difference. I also found out from my CPA that I do not have to pay in S.S. taxes because of working in a foreign country. I dont know all the specifics but I know I didnt have to pay that 8K into Uncle Sam this year! Which is fine by me since by the time I get old enough to draw it S.S. wont be around anymore anyway! I am not familiar with all the taxes laws etc. thats why I pay my tax guy to do my taxes for me! I also make a heck of a lot more from my bonuses than the 6% I have to pay out to "Angola"! I dont have any problems with OI AME. I know I am making a heck of a lot more working for them than I ever would have with OI in the G.O.M.!

Still, it will be an interesting question if IRS gets curious and there is no documentation stating that the Angola taxing authority actually received any of the withholding from your paycheck.