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The Strict Rules of Offshore Banking

Assorted international currency notes.

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Earlier on the accounts were offered complete privacy. This made this job very dependable and lucrative. The banks were not obliged to reveal any information of the accounts including acknowledging its existence. The tax benefits of the host countries are what bade people to create accounts and deposit money in these countries.

These countries had relatively relaxed tax laws and procedures which proved to be beneficial for organizations and individuals. But now the offshore banking rules have become very strict. For example in the U.S.A. any bank account that contains over one thousand dollars is to be notified. If this account is in one of the offshore banks as well, even then the I.R.S. of the U.S.A. has to be informed of this account. This is irrespective of the bank where the account is.

The benefits of opening an offshore account helps prevent financial losses especially when an unstable economy collapses. This helps prevent the account holders from a run by the national banks. But with the heightened security in many countries along with norms like that mentioned above, the offshore banking has seen some decline  in recent times, especially in developed countries. However, competition is also a cause of the slide in these offshore jobs.

High Demand For Catering Jobs Offshore

For those seeking jobs offshore, opportunities continue to grow, even with the economic slowdown. Half of the current workforce in the oil and gas industry is retiring in the next 10 years. This is creating a huge shortage for the energy companies and drilling contractors, and a huge opportunity for those seeking jobs offshore and on land. There has never been a better time for either experienced or entry-level workers to find jobs offshore.

This growing workforce shortage is creating a groundswell of opportunity for personnel who would like to find an offshore job. Jobs offshore in in 2009 – 2010 is expected to accelerate as the economy begins turning around. While all job categories are experiencing vacancies and shortages, the opportunities are particularly good for offshore cooking jobs and other personnel.

There are many openings for a variety of jobs offshore in catering positions, including Chefs, , assistant , night bakers, galley hands, and , and cleaning staff. Offshore catering is typically contracted out and managed by catering and food service companies. The catering contractor is responsible for all food service, to include meals, snacks, and special Holiday . Additionally, the offshore catering service manages the cleaning and upkeep of the kitchen and chow hall, as well as the recreational and common areas and sleeping quarters. The following jobs are in high demand and available now.

Offshore Catering Jobs, Duties and Wages

Camp Boss

The Camp Boss is responsible for running the catering department. He oversees the chefs, cooks, night bakers, stewards, and housekeepers. The rig crew long, hard hours, and an important part of running the operation is ensuring they have adequate energy and good morale. Ensuring that the kitchen puts out great tasting and nutritious food is what the Camp Boss does every day. He is assisted in this responsibility with a small crew of Chefs, Cooks, Night Bakers, Galley Hands and Stewards Stewardesses. Four to Six main courses are prepared and served every 24 hours, split into 12 hour shifts, so that both shifts get good meals. The Camp Boss also manages the Stewards and Stewardesses, ensuring that the rig’s recreation areas, downtime areas and, living quarters are kept clean, and the laundry completed.

Chef Head Cook

For the Chef or Lead Cook position, while previous offshore experience isn’t a requirement, previous cooking experience is. The quality of offshore food preparation is often comparable to the fare one would receive in the nicer Hotels and Restaurants; the food is good, nutritious, and there is lots of it. The Chef plays an important role in keeping morale high among the drilling crews; looking forward to a good meal goes a long way in maintaining job satisfaction. Experience managing a kitchen is a must. This is not an entry-level cooking position, one is expected to have a proven record of preparing quality food. However, those with less experience will be considered for the Galley Hand or Night Cook. Salaries run from the mid 60s – 70s, depending on the rig, the catering service company one is working for, and experience.

Night Baker

This is a very important position on the rig. All bread onboard is baked by the night baker, as well as pastries, muffins and desserts. On smaller rigs, this may be rolled up with the Assistant Cook Sous Chef as one job; on larger rigs, the positions will be two separate jobs. Offshore Night Baker wages will run from the 50s to 60s.

Night Cook

Most people with experience seeking an offshore cooking job will start here. The Night Cook will work the night shift. This is a great position in which to obtain one’s first offshore job. The Assistant Cook will prepare meals according to the recipes and directions of the Chef or Lead Cook. If you do a good job, and prove capable of running the kitchen in the Chef’s absence, you can move into a Lead Cook or Chef’s position fairly quickly. Offshore Assistant Cook wages will range from the mid 50s to mid 60s.

Galley Hand

If you have worked as a dishwasher or busboy in a Hotel or Restaurant for any decent amount of time, you can qualify of an Offshore Galley Hand job. This is a great way to get a foot in the door for those wishing to progress up to Chef or Head Cook – as on the mainland, many Offshore Chefs have gotten their start in the industry by starting at the bottom and working their way up. Offshore Galley Hand wages salary will range from the mid 40s to mid 50s.

Cleaning Housekeeping Staff

Generally speaking, anyone with mainland experience in a janitorial or housekeeping position, especially in industrial facilities or hotels, can qualify for jobs offshore in the same capacity. It is not uncommon for people wanting to break into the industry to accept a cleaning or housekeeping job, get to know people, and then, when the opportunity arises, advancing into a position of greater responsibility. This could be a supply room job, a roustabout job, or moving up the ladder to become a maintenance supervisor. It is quite common for people to start in this sort of position and then make a career in the offshore oil industry, moving in whatever direction they choose. A great way to get the proverbial foot in the door. Offshore Janitorial and Cleaning Housekeeping wages salary will range from the mid 40s to mid 50s.

Steward

The Steward Stewardess position is essentially a combination of Galley Hand and Janitorial Housekeeping responsibilities. On small rigs, these jobs may be rolled into one, and that would be the role of Steward. Offshore Steward wages will range from the mid 40s to mid 50s.

Getting Hired for Jobs Offshore in the Catering Section

For those without industry experience, it has been proven that the fastest way to get hired is to utilize one of the legitimate services for jobs offshore. Be sure to work only with honest, legitimate companies that will assist you with getting your written correctly for an offshore catering job.They should have references of people who have landed jobs offshore with them. A legitimate or job finding service will make no guarantees of getting hired, but should guarantee your satisfaction with their services, with a refund if no job is procured.

Is IT offshore outsourcing to grow in popularity?

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The answer to this question is a resounding yes.   If the current trend of manufacturing hardware and software that are universally applicable is anything to go by, then it means that jobs and working in IT have just began. The good thing is that today, technology is not becoming obsolete as quickly as it used to. What many are doing is improving on what they have already released onto the market, making it easier for off shore IT job sources to catch up and keep and stay up to date.

A good example that is a pointer to the popularity of IT is the use of the same programs worldwide. Some IT companies in have simply gone global, selling their identical products everywhere. This has indeed made it possible for clients and customers to come onto a common platform where they can speak the same language of IT. For example, a person from and another one from can use Windows XP.

Many small businesses have opted to put just so much money into their outsourcing plans which the 2008 economic crunch brought on, replacing long term IT plans with short term ones, IT is in , and it is going to stay this way for a long time. The adoption therefore of short term IT plans for a means that after that plan is completed, another one will have to be drawn up. IT is a basic necessity for businesses and there is no way that a is going to survive without it. Coupled with online banking, it is a winner.

Offshore wind power

The controversial Cape Wind offshore wind project off Massachusetts’ Cape Cod secures a power purchase agreement with utility National Grid for half of its electricit.

Read more at CNet News.

How to Ensure the Security of the Account?

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Whenever you open an account in an , then there are a few things that you must bear in mind. banking is that part of the which offers you a lot of benefits including tax benefits and high interest rates, amongst other features. However, there are a lot of new banks that have come up in the sector and these banks now provide competition to the existing and established banks.

There might be times when the newer and offbeat offshore banks offer you services that allow you to generate greater profits and benefits by investing in those banks. But you are apprehensive about the fact that this being a new establishment, whether the information of your account would be safe or not.

This is a question that cannot be usually answered till you have actually invested in these banks. The best way to open an account for safety sake is to open it in the name of a trust or a corporate so that even if the information is leaked to a third party, there can be no way that the safety of your finances is breached. There can be no fraudulent transactions made by a third party if the account is opened as suggested above.

Requirements For Breaking Into Entry Level Offshore Work

The needed to gain in the Offshore Oil Industry have more to do with what kind of person you are, and what kind of shape you are in, rather than experience, training, or . Rigs, both Onshore and , will always be willing to hire the right person. So don’t make the mistake of thinking you are limited to just drilling jobs, either – there are plenty of other openings for , painters, crane operators, platers, and electrical and mechanical technicians and engineers, medics, and supply managers, just to name a few.

Health - The first and foremost requirement for working offshore is that you be in good health. You will be required to pass a thorough physical examination, including a back X- ray, before you will be hired. A drug test will be required as well, so be sure you can pass it. Yes, pot counts.

Age - As far as age requirements, you’ll need to be 18 or older to start working for a drilling contractor, whether offshore or onshore. The average age for offshore workers is 27.

Experience - For experience requirements, obviously the more experience you have in the job category you are applying for, the better. If you don’t have experience, don’t worry about it. Fortunately, there are many entry level jobs available – but just a heads up, if you are serious about this field, be prepared to your butt off. The biggest thing an employer looks for though, is honesty – and the ability to learn the job quickly.

Education - For education requirements, for entry level rig jobs there aren’t any. A formal education isn’t required, as most contractors are more concerned that you can learn to do the job both safe and well, and pick up things quickly. Some jobs, such as a ballast controlman, mud engineer, etc., do require at least a education. The more complex a job is, the more education and experience are required. There is industry specific training programs available that will impart the needed technical information, and in Canada, there is a formal apprenticeship program for the ranks of motorman and above (derrickman, drillers, etc). There are training programs designed for those who have never worked on a rig as well, ranging from 1 to 4 weeks.

Dependability - One requirement for certain is being dependable. It won’t matter if you are good, if you aren’t there. The fastest way to be fired is to not be there for crew change, as crews rotate 12 on \ 12 off, and they need you to be there. Remember that when you get hired onto a rig crew, be it offshore or on, you are part of a team, and it is hard to get the job done without every team member present.

Ambition - Having a genuine interest in the job, and the ambition to do it well and advance, will also play a huge part in obtaining and keeping employment, whether it be in the offshore oil industry or in any other.

As you can see, this isn’t rocket science – anyone who is fit, dependable, and a good, hard worker can enter into this field. It is one of the few areas left where a person can advance into 6 figure salary levels with nothing more than a willingness to learn and to work hard.

Getting Offshore Jobs

Offshore jobs are sometimes difficult to get if you don’t have the right skills required. For you to be granted a job at international level, you need to have acquired adequate experience to help you in developing your experience fast. Read on how to get jobs.

The first step that people who are looking for jobs offshore should do is to investigate the kind of jobs available. This information can be obtained from relatives and friends who are abroad. You can also research the of the job in the Internet. Ensure that the job you choose is the right one for you.

Determine the qualifications you hold. Some of are awarded on experience and level of . Write a good or with adequate details on how you qualify. There are some courses that will require degrees while there are others that require diploma.

Get a thorough health examination. Most foreign employees require health individuals only to for them. Attach the health certificate, resume/CV and the and send them to the . You should then start preparing for an interview. Get ready with adequate information to prove that you are rich in information.

Offshore Jobs

Offshorejob.com is the best place to find offshore jobs on. Just become a member and we will keep you posted with updates about new oil worker jobs, drilling jobs and other related jobs.

Need for Effective Communication In IT Offshore Jobs

Communication technology is utmost vital in case of jobs. Especially when we are dealing with profiles. The reason for this is simple. Consider a company that deals in and it has its offices worldwide.

There are departments which deal with a particular type of project. For example, those who are specialists in Java deal in project parts that are related to Java. Likewise there are specialists for other languages and features as well. Consider a project which has been divided between two offshore sites and the home company site.

While on one hand the man hours spent on the project increase by leaps and bounds, on the other with the completion of every development stage, the project needs to be tested for durability. At all times one has to be in communication with the project managers at all the sites and this is why communication technology required here should make the best use of all resources available and provide a user with good quality interaction at the minimal cost.

This is why the engineering of communication has come up in a big way. All the offices around the world can interact immediately at a very less cost.

Facts on offshore jobs

Whether you are a person interested in the industry or simply a job seeker looking for greener pastures in the field, you require sufficient information on the ups and downs of the industry before you embark on one.

There are plenty of offshore jobs, especially in the drilling industry, and the list is endless; all you are required to do is to make a thorough search of the .

Health: To secure an offshore job, you need to be physically fit and to pass a health examination.

Age: In many cases, you need to be above 18 years.

Experience: The greater your experience the higher your chances of getting .

: Most entry level jobs are not keen on formal training as they are mostly interested in your performance.

Ambition: Your ambition is clearly seen as an interest in the field and the ability to keep the job.

All you need to do is to research the available opportunities and the required skills, then link up with employers and place your application.

Offshore can be a great way to make money. There are various opportunities ranging from data processing services, customer service and , among other operations. All you need to do is to get the links that will assist you in .
If you are considering setting up an account, then all you need to do is to search for useful information on the best areas to set up you accounts, requirements and taxes.