PI056 | Number of unavoidable officer terminations V4.0

Performance Indicator

This PI is used to measure the Number of unavoidable officer terminations.

Definition

Termination is the event where an officer, who has been employed with the ship owner or ship manager within the period of the last TWO(2) years (before the Termination), leaves the company.

Unit

TERMINATIONS

Scope

Reported for the whole fleet and given to any DOC Holders for their individual PI reporting

Calculation period

Captured and reported on a quarterly basis.

References

This Performance Indicator - PI056 - is used by the following Key Performance Indicators

KPI022

Officer retention rate

PI006	Average number of officers employed
PI016	Number of beneficial officer terminations
PI041	Number of officer terminations from whatever cause
PI056	Number of unavoidable officer terminations

Example

During a quarter, 5 officers leave the fleet. 2 officers leave to join another company, 2 officers are retired due to old age and 1 officer is reported dead due to a car accident. Number of unavoidable officer terminations = 3

External references

OCIMF’s officer retention rate as defined in Tanker Management Self-Assessment.