About YACHTING PAYROLL SOLUTIONS
Maritime Crew Employment and Management
Yachting Payroll Solutions provides high-quality employment and payroll services tailored specifically for the yachting industry.
Our experienced and capable team understand the complexity of yacht crew employment and have developed efficient and cost- effective solutions to streamline this crew administration.
Crew Payroll
Each month YPS liaises with the captain to review the crew situation on board and update the crew leave records. The monthly payroll is then prepared to reflect any changes, additions and deductions.
At the end of the calendar month, salaries are promptly disbursed to crew members’ accounts followed by detailed electronic payslips, providing a clear breakdown of their salary payments.
Leave balances are meticulously tracked, updated monthly, and displayed on each payslip for transparency.
YPS keeps up to date, true and correct accounts and records in respect of each crew member and all transactions.
Crew Employment
YPS employs crew on behalf of vessel owners, managing the day-to-day administrative tasks associated with crew changes and turnover.
Our team ensures that all crew members possess the necessary certifications and qualifications required for working at sea.
We also prepare and issue Seafarer Employment Agreements to each crew member before they join the vessel. These contracts are in line with the standards set by the ILO Maritime Labour Convention 2006, which became fully effective on August 20, 2013.
In addition, YPS oversees the entire contract closure process. This includes issuing notice and release letters, as well as accurately calculating severance pay, ensuring a smooth conclusion to each employment agreement.