LMM guarantees on-time allotment payments every month, with absolutely no hidden fees or deductions. Your wages will arrive in the amount agreed upon, and are open to upward adjustments as you continue your career with our principals. The company has a designated bank for allotment accounts, and you are given the option to choose whether you want your account in US Dollar or Philippine Peso.
BEST POSSIBLE USD-PHP EXCHANGE RATE
At the time of allotment remittance, LMM negotiates with its bank to ensure that you receive the highest exchange rate possible.
In addition to your allotment, we have principals that offer rejoining and good performance bonuses.
In case of a family emergency at home, you may request for an emergency allotment to be credited as soon as possible.
PAYMENT OF SOCIAL CONTRIBUTIONS
LMM guarantees that your social contributions to SSS and Philhealth will always be up-to-date.
JOB SECURITY & CAREER PLANNING
Ships continuously come under our management, and open up opportunities for our pool of seafarers, and qualified applicants. LMM seafarers also enjoy long-term career planning. If you constantly demonstrate your abilities, a promotion to the higher rank is usually guaranteed. Master, Chief Engineer, and other officer positions are offered to deserving crew. The company will actively support you in obtaining your higher license and will introduce you to a higher position during your shipboard assignment.
CREW AND FAMILY MAIL
Family members of crew onboard may send their letters and packages to the office, and we will forward them to the specific vessel. However, all “padalas” are subject to inspection, to ensure that it does not violate any travel regulations, and are acceptable onboard.
HEALTH AND RETIREMENT
Several of our principals extend additional benefits such as a retirement fund or a health card for qualified crew.
ACCESS TO FINANCING VIA THE MARITIME MULTIPURPOSE COOPERATIVE
LMM seafarers are given the opportunity to avail of the services of the Maritime Multipurpose Cooperative (MMPC). MMPC is formally registered with the Cooperative Development Authority of the Philippines and is independent of LMM. The coop offers access to safe and affordable loans, and other financial services to all its members. MMPC aims to provide a better option to secure emergency financing by being a vehicle for savings, income, and financial discipline. Membership to MMPC is optional and voluntary.