Salary and Wages Sea Pay
The Sea Pay line item appears if the Budget includes Sea Pay checkbox is selected on the Properties Tab. Use it to include additional work hours above a standard 40 hour work week when personnel are at sea.
The Sea Pay Calculation accommodates up to an additional 44 hours per week for personnel at sea.
Sea Pay Personnel List and Benefits
Click in any period to open the Sea Pay Personnel List.
Field | Description |
Name | Shows the name of the individual or TBD person added, followed by their Title. |
Monthly ($) | For salaried personnel, this value is derived from the “Monthly Base Salary” plus any salary inflation rate increases for a period. For hourly personnel, this value is the “Rate/Hour” value plus any salary inflation rate increases for a period multiplied by 173.3 (hours per average month). |
Hourly Rate ($) | For salaried personnel, this value is the Monthly value divided by 173.3 (hours per average month). For hourly personnel, this value is the “Rate/Hour” value plus any salary inflation rate increases for a period. |
Hours | Enter the value that represents the actual “Sea Pay” hours worked for each period. |
Period Total ($) | Equal to Hourly Rate times Hours. |