The Impact of Global Economic Crisis on Human Resources Strategies in Maritime Industry

Abstract

Human resource is one of the leading determinants in maritime transport industry and both the industry and the individual shipping companies consider human resources strategies as an important area of research. The global financial and economic crisis that has been affecting international trade and shipping in a very dramatic way since the fourth quarter of 2008 forces researchers to examine the short and long term trends in maritime careers generally and particularly in seagoing professions. This study aims to research the developments in human resources strategies during the global financial and economic crisis. A survey was applied to the human resources managers in shipping companies in Turkey in order to define their human resources strategies. Through this research it is aimed to evaluate the human resources strategies in the field of resourcing, recruiting, selection and retention, compensation, performance management, training and development.