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PI041 | Number of officer terminations from whatever cause V4.0
Performance Indicator
This PI is used to measure the Number of officer terminations from whatever cause.
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. The total number of officers Terminations for whatever reason (including Beneficial and Unavoidable terminations). |
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 - PI041 - is used by the following Key Performance Indicators |
Example
Number of officer terminations = 23
External references
OCIMF’s officer retention rate as defined in Tanker Management Self-Assessment.