Author(s): Airon Peralta, Alexander Rafal

Abstract: A shortage of maritime officers emphasizes the need for effective retention strategies to address the growing demand for skilled seafarers in the rapidly expanding global maritime industry. This study evaluates the Career Path Program of Kawasaki Kisen Kaisha Ltd. ("K" Line) aimed at retaining Filipino maritime scholars, focusing on satisfaction in terms of salary, rewards and benefits, job satisfaction, professional growth, and welfare through a convergent mixed-methods parallel research design. The quantitative study accounted for 107 "K" Line scholars, while the qualitative study accounted for 11 "K" Line scholars. Findings indicate that the Career Path Program effectively enhances scholar retention through well-structured support in professional development and welfare. While satisfaction levels with salary and professional growth opportunities were generally positive, the analysis suggests that enhanced rewards and promotion opportunities could further improve retention rates. This study offers valuable and actionable insights for shipping companies to review their career path programs to enhance retention, increase loyalty, and significantly reduce turnover among seafarers.

Keywords: Retention, Salary, Job satisfaction, Rewards and Benefits, Professional Growth, Welfare

Article Info: Received: 11 Apr 2024; Received in revised form: 12 May 2024; Accepted: 25 May 2024; Available online: 31 May, 2024

DOI: 10.22161/ijels.93.24