Payroll Made Easy with Bachmann Group
Bachmann Group are highly-proficient in many areas of the commercial shipping trade but we excel when it comes to managing our clients’ payrolls. This is often one of the most complex aspects in managing a vessel but our service, tailored to meet your individual requirements, is designed to take all the hard work off your hands, delivering a smooth, accurate and uninterrupted experience.
It all starts with the skills and experience of our highly-knowledgeable and -dedicated team, who have been cherry-picked from among the best specialists available. This team is responsible for running payrolls at various frequencies such as weekly, fortnightly, monthly and even according to the lunar calendar.
Our team make use of leading payroll software, which they operate deftly and confidently. The software helps them to handle many thousands of payments every month and, in total, these payments add up to more than US $1bn a year. Though this figure is given in US Dollars, we are in fact responsible for operating payrolls right across the globe in a number of currencies, including the Euro, Danish/Norwegian Kroner, Canadian/Australian Dollars, South African Rand and of course UK Pounds Sterling. You may or may not have heard of the UK National Payroll Awards but the fact is that two of the five different software systems we use recently won the best payroll software prize in both the large and small categories.
Part of our payroll service includes the option of FX transfers where applicable. This, along with our unique in-house payroll system, allows us to offer extremely beneficial rates to seafarers; in fact, these rates are some of the very best obtainable. Our company is fully MLC-compliant and that allows us to offer any of 9 social security chapters of the MLC to all crew; this is irrespective of the nationality, flag of vessel or domicile of crew members. In addition, we are able to offer benefits to crew members' families.
Adaptation is key to our global success and we are always ready to offer bespoke options to suit the operating requirements of our clients. To find out how we can help YOU, call us today.