Open AccessWage System and Profit Sharing in Fish Catching Business Using Lift Net in Ocean Fishing Port of Belawan
Author(s) -
H. Hendrik,
Hamdi Hamid,
D Alvionita,
A Alfrendo
Publication year - 2020
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/430/1/012017
Subject(s) - fishing , profit sharing , wage , business , profit (economics) , net profit , payment , fishery , economics , finance , labour economics , microeconomics , biology
Research on the wage system and profit sharing was carried out from January to June 2018 in the Ocean Fishing Port of Belawan, North Sumatera Province. The research was aimed to find out how the wage system and profit sharing using lift net. Determination of respondents about the wage system and profit sharing done by purposive sampling methods. Fishing operations using lift net in Ocean Fishing Port of Belawan applied wage system and profit sharing. Wage system applied are daily wage system, with the amount of payment ranging from IDR 50.000 – 100.000,00/day. For the profit sharing system, the owner or the investor gets a 60% share and the fisherman gets a 40% share of the profit of fishing activity. The operational cost were shared proportionately. This profit and sharing system does not match Indonesian fishing regulation No. 16/1964, due to lower payment for the working fishers.