Salary Flashcards
(11 cards)
What does the ILO state about minimum salary?
The ILO states a minimum salary with clear guidelines on overtime and working public holidays.
How does the salary scale in the yachting industry compare to ILO guidelines?
The salary scale in the yachting industry is greater than the ILO guidelines.
Who is responsible for negotiating salary in the yachting industry?
It is up to the individual to negotiate their salary according to experience.
What is the payment frequency for salaries according to the MLC?
Salaries are to be paid in no greater increments than one month.
What must a crew member provide for salary payment?
The crew member is expected to provide a bank account for the salary to be paid into.
Can a crew member transfer their salary to others?
The crew member may transfer all or part of their salary to family/beneficiary.
Who is liable for the cost of international transfers?
The company is liable to pay for one international transfer.
What happens if a salary is split into different bank accounts?
The crew member may be liable for additional costs including currency exchange.
What must accompany the salary payment?
A payslip must accompany the salary, stating the amount due, any additions or deductions, pay period, and rate of exchange used.
Are cash advances permissible?
Cash advances are permissible but never more than what has been earned to the date of the advance.
What is the minimum basic wage for a calendar month?
The basic wage for a calendar month should be no less than the amount set by the Joint Maritime Commission or governing body of the ILO, currently $673 p/m.
