Hey there, yacht crew! Buckle up for this essential replace. As of March 11, 2024, there is a model new requirement for anybody engaged on a Cayman Islands registered yacht.
What is the Change?
The Cayman Islands simply launched the Service provider Delivery Act 2024 (MSA 2024). This spiffy new legislation regulates how yachts registered within the Cayman Islands function. One key change applies on to you – the crew! Underneath MSA 2024, each single crew member on a Cayman-registered yacht, together with these on non-public yachts and pleasure vessels, now wants a proper employment contract.
Why the Contract?
This new legislation ensures everybody’s on the identical web page. A transparent, written contract outlines your rights and obligations as a crew member, together with the yacht proprietor’s obligations to you. This helps promote truthful therapy and a extra skilled work atmosphere for all.
What Does the Contract Have to Embody?
The Cayman Islands Maritime Authority has outlined some key issues your employment contract should cowl:
How a lot you receives a commission and the way you will be paid (month-to-month wage, bonuses, and so on.)
Common statements exhibiting your wages
Any deductions that may be constituted of your wage in response to MSA 2024
Your proper to be repatriated (despatched residence) and have medical bills coated
Your trip time
How a lot discover do you or the employer want to provide to finish the contract
The place you will be dropped off on the finish of your contract
Which legal guidelines apply to the contract
Vital Notes:
Your contract cannot take away any rights or protections you’ve beneath MSA 2024.
The legislation itself would not assure new advantages like trip time, however it requires your contract to obviously state what you might be entitled to.
Breaking the Mould Crew Employment and Payroll Service
At Breaking the Mould Consulting, we perceive the significance of getting a compliant Seafarer Employment Settlement. That is why we provide a crew employment and payroll service that gives precisely that. We may also help guarantee you’ve a contract that meets all the necessities of the MSA 2024.
To enroll in the crew employment and payroll service or to request additional details about Cayman Islands yacht registration please don’t hesitate to contact the group right here at Breaking the Mould Consulting Ltd.
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