Alaska seafood processor Peter Pan Seafood will offer Bristol Bay sockeye salmon fishermen who continue to fish beyond July 18 a 20 cents "late season" bonus on top of a 50 cents base price -- plus handling incentives of up to 30 cents -- a source with knowledge of the offer told IntraFish.

The company declined to comment on the price offer.

The bonus effectively reflects a 40 percent increase in pay over the base price for those fishermen who remain fishing for the company throughout the final weeks of the season.