We offer entire payroll processing, by which an owner/manager saves a huge amount against salary to their local employees, saves costs on infrastructures & other benefits etc. Our entire payroll processing of Seafarers includes :
• Checking the contract papers, details of wages and computing the wage slips
• Collecting information from ship and calculating allotments of each seafarer, post checking any cash advances, deductions, any additional earnings on board etc.
• Calculation of statutory deductions as per the country law.
• Sending allotments of each seafarer along with perfect bank details for processing.
• Calculation of leave wages
• Final allotment file will be sent across to Principals within time limit and error free.
• Handling of sick pay
• Handling of pension funds and other social contributions
• Union fees, regardless of nationality.
• On-board accounting of the master’s cash box payments and guiding Master regarding actual requirement of CTM etc.
We can use software systems provided by you, or you can benefit from using our payroll accounting system.