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How Much Does a Yacht Captain Make?

The salary of a yacht captain is based on tenure, experience and licensing

Captains of luxury yachts command a base salary well into six figures. Dependent on the length of the vessel, tenure of experience, and level of licensing yacht captain salaries range from $48,000 to over $300,000.

As the length of yachts increases, the complexity of the position of captain escalates. Although the job of yacht captain is often portrayed as one of luxury and leisure, it is a career choice of vast responsibility. While the exact details of a job description vary from program to program, the captain is the CEO of a small corporation. He/she reports to the Chairman of the Board - the yacht owner.

The Luxury Yacht Group webpage presents salary guidelines. Variation within the ranges reflect license level, experience and longevity of the captain 1 .

Senior Master 170 ft – 200 ft + $144,000 - $300,000
Captain 100 ft – 170 ft $84,000 - $180,000
Junior Captain 60 ft – 100 ft $48,000 - $98,000

Additional parts of the salary package include bonuses, health insurance, flight expenses, paid vacation, training and certification cost reimbursement, and uniforms. Because the position requires residency aboard the vessel 24/7 all food and sundries are routinely supplied to crew. If the yacht is available for charter, the captain will also earn tips from charter guests. The industry is unique and each vessel in it has individual programs.

An average mega yacht with 12 crew has operating expenses between four and ten million dollars. The budget is based on where the yacht is moored, whether it is available for charter, and its travel destinations. On some yachts, a management company or a part of the owner’s business network handles accounting and makes financial decisions. On other yachts, the captain manages all aspects of the budget, chooses what charters to take and where to station the boat between charters, when and where to have yard work, and all personnel decisions.

A basic list of captain job responsibilities includes:

  • Ultimate safety for passengers, crew, environment & vessel
  • Achieving owner’s objectives?
  • Crew hiring and dismissal?
  • Personnel management?
  • Shipyard/project management?
  • Legal and regulatory compliance?
  • Navigation?

Ultimate safety

The Captain holds the life of all aboard in his hands. He is also held accountable for the yacht itself and the environment. He must understand the mechanics of the boat, all electronic tools aboard, international regulatory requirements, and rules of the flag state.

Achieving owner’s objectives

Owner objectives are broad ranging. The captain is the mouthpiece for the interests of the owner. He holds the responsibility to reach outcomes which benefit the owner. The owner may simply require the captain to provide luxury service when he (she) is aboard. Some owners regularly use the vessel with family and guests, others may be aboard only occasionally. Charter periods for the vessel also factor into the objectives of the owner.

Crew hiring and dismissal

The requirements of the Marine Labor Convention (MLC) for contracting, dismissing, and managing are explicit and require strict adherence. Throughout any hiring or dismissal, the safety of the vessel and owner as well as issues of confidentiality must be assured by the captain. Identifying the best employees for the program involve a balance of certification, experience and personality.

Personnel management

Managing between 12 and 40 regular crew members aboard a mega/superyacht, day workers and seasonal hires is routine. From dive master, to stewardess, chef, and ETO, the captain must have a working knowledge of the positions and set expectations for performance. In a multi-cultural environment (both guests and crew), the example the captain sets for work ethic, responsibility, and communication optimizes yacht operations. The challenge is complicated by the close quarters of crew accommodations and the group working/living together 24/7.

Shipyard/project management

The Captain oversees issues of time and costs for routine maintenance and vessel upgrades. Knowledge of register and flag requirements are tools the captain uses to define the project, obtain quotes, and supervise the work.

Legal and regulatory

The maritime industry is dynamic. In addition to the flag state and regulatory requirements mentioned above, the captain must remain current with all Maritime Guidance Notices (MGN), Maritime Information Notes (MIN), amendments to all international marine safety codes, and product notices. A knowledge of the global differences in regulations, enforcement agencies and regional mores is critical.

Each vessel has a different business model. At a minimum, the captain is responsible for budget oversight and financial record keeping. If the owner engages a management company, the captain is the interface between the yacht and that organization.

The classic definition of a captain’s job is that of a navigator. Safely plotting a course, following the course, docking and departing from berths are all fundamental vessel handling skills. A seasoned captain has personal familiarity of cruising geographies. Despite the importance and skills required, a small percentage of a captain’s time is dedicated to task.

How does that list of responsibilities distill into the profile of a captain? It takes decades of training, hours logged, certification, and experience to reach the level of performance required to captain a mega/super yacht. In addition to each of those quantifiable requirements, elements of character and temperament differentiate captains.

  • Calm and charismatic personality?
  • Superior leadership, communication, management and diplomacy skills?
  • Excellent boat handling and navigational skills?
  • Excellent ISM and ISPS knowledge and practices?
  • Excellent maintenance, engineering and technical / troubleshooting experience?
  • Ability to remain calm and give directions in an emergency situation?
  • Organized and methodical?
  • Financial management, business acumen, management skills?
  • Languages and cultural sensitivity
  • Extensive maritime licensing

Leadership of the crew involves training, coaching and refereeing. When a captain steps into the position of leadership on a large vessel, it is understood that he has ten years (minimum) of increasing responsibility. Training and education were used during that decade to resolve situations without damage to vessel, harm of the environment, or human injury.

As manager and protector of the owner’s investment, the captain negotiates for goods and services. When issues arise, it is the captain who develops options and makes recommendations. Using the comparison to a traditional business, the CEO (captain) and the President of the Board (owner) interface on strategic decisions.

The mega yacht captain is more than just an asset manager. The captain implements owner preferences in order to assure him the best yachting experience. Once an owner has determined the style of yacht he wants to own - how, when, where they want to use vessel - costs of operating and budget generalities are defined. The ultimate goal of captain and crew is the happiness of the owner(s) and their guests. Crew is the primary factor in the owner/guest experience and in a successful program. The captain fully understands and manages the limitations of vessel and crew.

As vessels increased in length, machinery and electronics increased in complexity. In parallel with those changes, regulatory agencies and flag states requirements escalated. The requirements of International Safety Management Code (ISM) and International Ship and Port Security Code (ISPS) reflect the challenges of operating a mega yacht. The captain holds responsibility for implementing all requirements aboard and remaining current with the changes made to respond to new issues within the industry.

During the last decade, the number of superyacht hulls nearly doubled. Based on the 2010 Global Order Book, the superyacht industry managed to grow even during the financial crisis of 2008. The Knight Frank Wealth Report (2016) for the decade concluded that the wealth required to maintain a yacht appears impervious to economic cycles. It does project a slight worldwide slowing of the number of ultra-high-networth individuals during the upcoming decade.

How does that economic data translate into job opportunity for yacht captains who have followed the established career path? How resilient is the opportunity during periods like the global downturn experienced in 2008?

Marcy Laturno, Director of Crew Placement & Charter Specialist at Luxury Yacht Group answered:

A long-term mega yacht captain added:

Securing a position as captain aboard mega and super yachts is competitive. Although new builds are released every year, each year there are additional individuals who have established professional credentialing and adequate experience aboard. Professional captains seek positions where they can assemble a stable crew, build longevity and establish a relationship with the yacht owner.

The position of mega/super yacht captain commands a salary which reflects the level of responsibility and the years of personal and professional development. A relatively small number of positions creates a competitive job market where longevity and experience are rewarded.

  • Luxury Yacht Group website

Engineering License Changes

Engineering License Changes

The MCA has restructured the engineering certifications. The MEOL course has been done away with, and the AEC course made mandatory and more thorough. Luxury Yacht Group explains all these changes, what engineers progressing through the ranks can do now, and how Y ticket holders can convert their licenses over to the structure.

14 Mar 2018

A Day in the life Chief

A Day in the Life Series – Chief Stewardess

For a yacht to run smoothly, it requires many working parts, and the interior department is a large component of this. The chief stewardess oversees this department and makes sure all the stewardesses onboard know what their tasks and responsibilities are. The interior department is largely in charge of the guest services whilst they are onboard, and responsible for interior maintenance of the yacht when they are not.

18 Dec 2017

Entry deck

A Day in the Life Of Series - Entry Stewardess

Joining the yachting industry is an exciting and daunting undertaking. In this two part interview we speak with Melanie about why she decided to join the superyacht industry, what her hopes and goals are, and what she has learnt so far as an entry level stewardess.

29 Nov 2017

Seaworthy Secrets

Yacht Crew Salaries: Complete Guide to What Yacht Crew Earn

It’s no secret that the impressive yacht crew salaries attract most people into the exclusive yachting world.

Junior deckhands or stewardesses can earn starting salaries of $3000 per month. With a few years of experience and some courses to back you up, this amount moves up towards $4000-$4500 per month!

In order to compile this superyacht crew salary guideline, I have taken 10 of the top yachting platforms and used all of their data, combined with my personal experience, to reach an average salary expectation for each position.

Table of Contents

How Much do you Make Working on a Yacht?

table showing yacht crew salaries by position and vessel size

Yacht Captain Salary

  • 20m-30m: $4000-$7500
  • 30m-40m: $5500-$9500
  • 40m-50m: $8000-$15000
  • 50m-70m: $13000-$19000
  • 70m+: $16500+

Requirements of a Yacht Captain

  • Years of experience needed: 3-5 years of experience as Chief Officer/Mate and more than 5 years of experience as a Captain for larger yachts
  • Minimum level of Qualification: 200ton licence which allows you to drive vessels below 200tons

The Captain has the highest level of responsibility onboard the yacht and hence they earn the most out of all the yacht crew salaries.

Captains are accountable for the overall safety of the yacht, crew members and guests.

They also handle daily operations of the yacht, guests, and owner liaison. They deal with management companies, port control, budgets, human resources, and many more tasks and logistics that make the job demanding and stressful.

On top of this, Captains are required to hold high levels of certifications depending on the size of the yacht they are driving.

Yacht Captain salaries can sky rocket with higher levels of qualifications.

If you are looking to become a Yacht Captain one day I recommend looking into the courses required so you can get started with licenses and sea time. It takes time to get there, but when you do it will be worth it.

Looking at the helm station on the bridge of the yacht. There is a chart as well as all the monitor screens and through the windows you can see views of a large mountain

Chief Officer Yacht Salary

  • 30m-40m: $4000-$6000
  • 40m-50m: $4500-$7500
  • 50m-70m: $5500-$9000
  • 70m+: $8000+

Requirements of a Chief Officer

  • Years of experience needed: 3-5 Years
  • Minimum level of qualification: Officer of the Watch

The Chief Officer is second in command to the Captain and is responsible for carrying out the Captain’s standing orders.

On smaller yachts, the Chief Officer is referred to as the Mate.

The Chief Officer is responsible for carrying out the safety duties onboard and assisting in the bridge with paperwork and navigational planning.

The Chief Officer is also responsible for leading and managing their deck team, ensuring crew are following their duties as well as managing the water sports and guest activities.

The salary of a Chief Officer depends heavily on the license held.

man driving a tender. the chief officer earns a high yacht crew salary

Bosun Yacht Salary

  • Years of experience needed: 2-3 years
  • Minimum level of qualification: Yacht Master Offshore
  • A yacht Bosun salary can vary between $4000 and $6000.

Responsibilities of a Bosun

The Bosun is essentially the Lead Deckhand onboard. A lead deckhand salary on a larger vessel will be similar to that of a bosun salary on a smaller vessel.

This is an opportunity to step up from being a deckhand and gain some experience in a leadership role. This position is in place for larger yachts so that when the Officer is busy with bridge duties, someone is in charge on deck.

a man holding ropes walking outside the yacht

Yacht Deckhand Salary

Years of experience needed: 0

  • Minimum level of qualification: None needed, however Power Boat Level 2 and Yacht Master offshore will put you at a great advantage
  • Entry-level yacht crew salaries start at $3000 and can go as high as $4000/$4500.

Responsibilities of a Deckhand

A Deckhand is an entry-level role on a yacht.

You need to spend a few years (or less) as a Deckhand in order to learn and gain experience so that you can step up in the ranks and obtain your licenses.

This role will be very hands-on in maintaining the exterior of the yacht. Duties will include cleaning, polishing, varnishing, sanding, caulking, and any other maintenance work required.

Chief Steward / Chief Stewardess Salary

  • 30m-40m :$4500-$5500
  • 40m-50m :$5000-$7000
  • 50m-70m- $5500-$8000
  • 70m+: $7500+

Responsibilities of a Chief Stewardess/Steward

  • Years of experience needed: 3-5 years
  • Minimum level of qualification: Depending on the size of the vessel you may need courses such as Food Hygiene and Safety, Silver Service, WSET, or a Purser course

The Chief Stewardess or Steward is responsible for all the interior operations of the yacht .

They are responsible for managing the interior team, and ensuring the interior of the yacht is maintained to the highest standards. Besides cleaning and laundry schedules , this also includes provisioning for crew and guests, budgeting, accounting, and training of junior crew.

yacht boat captain salary

Steward or Stewardess Yacht Salary

  • Minimum level of qualification: Depending on the size of the vessel you may need courses such as Food Hygiene and Safety and Silver Service
  • Salaries start at $3000 and go up to $6000

Responsibilities of a Steward or Stewardess

A Stewardess/Steward is an entry-level position working within the interior of the yacht.

There are rankings within the interior (2nd, 3rd, 4th Steward/Stewardesses). As you spend more time in the industry, you will be promoted to higher ranks, and with that will come a better salary and more responsibility.

This role covers a range of tasks, including but not limited to housekeeping, laundry, bartending, table scaping, floral arrangements, serving, and hosting guests.

The engine room inside the yacht showing the main engine

Engineer Yacht Salary

  • 20m-30m: $4000-$5000
  • 30m-40m: $4500-$6500
  • 40m-50m: $6000-$8000
  • 50m-70m: $7500-$11000
  • 70m+: $9000+

Requirements of an Engineer

  • Years of experience needed: 2-4 years in an engineering role onboard as Deck/Engineer or relevant land-based experience
  • Minimum level of qualification: AEC

The Engineer onboard is responsible for all mechanical functioning and maintenance of the vessel. This is a very technical role that can pay well as you gain experience and obtain your licensing.

Yacht Chef Salary

  • 20m-30m: $4000 – $5000
  • 40m-50m: $5500 – $75000
  • 50m-70m: $6500-$9500

Requirements of a Yacht Chef

  • Years of experience needed: 3-5 years depending on previous experience
  • Minimum level of qualification: Food Hygiene and Safety Level 2

The Chef is responsible for feeding the crew 2 to 3 healthy and sustainable meals a day. They are of course required to prepare meals for guests when onboard to the highest of standards.

In their day-to-day tasks, they will be responsible for their own provisioning of the galley, maintaining stocks, cleanliness, and hygiene of the galley.

The salary of the Yacht Chef varies depending on qualifications and experience.

a man cooking food with 2 colourful salads and a platter of meat

Yacht Crew Salaries for Private vs Charter Yachts

There are two types of super yachts that require crew: Private and Charter yachts. The salaries for yacht crew differ slightly between the two.

Private Yacht

A private boat is owned by a single person or family who uses the yacht for their own purposes. They don’t charter it out and you can expect to have the same guests onboard for the duration of your contract.

The benefit of these programs is that you get to know your guests well so you may find it easier to manage their wants and needs.

You may also benefit from traveling to off-the-beaten-track locations as I have!

For yacht crew working on these private boats, you will usually not receive charter tips.

Charter Yacht

A charter boat is one that gets chartered out by guests. This operates as a business and also means you will have different guests for every trip. 

If you work on a charter boat you can expect to receive charter tips at the end of each charter. These are usually 10%-20% of the charter fee!

Considering these tips can be anywhere from $2000-$5000 per week depending on the size of the yacht, charter boats offer great earning potential and can skyrocket your salary as a yachtie.

woman standing on a perfect white sand beach with crystal clear blue water in the Bahamas

Hi, my name is Lisa, a Chief Stewardess in the yachting industry with 10 years of experience, as well as 8 years of hospitality experience prior to that. Being in the yachting industry has been a whirlwind of adventure, growth, challenges and some of the best experiences of my life, and I am excited to share my knowledge and experiences with all of you.

How to Write the Perfect Yacht CV [With Template]

A day in the life of a yacht stewardess.

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2023/2024 Superyacht Crew Salary Guide

yacht boat captain salary

Whether you’re continuing a long-standing career, climbing the career ladder, or getting your feet wet for the first time, Dockwalk ’s Salary Guide provides the full picture when it comes to crew compensation. 

Salary is generally one of the top motivators for those looking for jobs in yachting, but it remains a closely guarded secret. Each year, the Dockwalk Salary Survey goes out to thousands of crewmembers and crew agencies across the world, gathering real-time salary feedback with the aim of creating greater transparency and understanding across the industry.

The 2024 Salary Survey is now closed. Check out the results in the September 2024 issue.

The Results of the 2023 Salary Survey

Our annual salary survey provided some unprecedented insights to what captains and crew earned in 2023.

The yachting industry is slowly returning to normal in the wake of the pandemic. Yachts are back to work around the world and many new ones are in the pipeline thanks to the surge in popularity the "social distant" yachting lifestyle has enjoyed. But, while this return to normalcy has opened up new crew jobs this year, crew themselves have been returning to the workplace in large numbers and competition has been fierce.

Many of the crew agents reported that crew wages largely are flat this year compared to last. Salaries went up in 2021 and 2022 when crew were in short supply, but now more crew are available than previously. While crew are demanding higher pay this year, they’re not necessarily receiving it, but some agents have seen salaries continue to rise since Covid. There are many factors that can affect the salary crew can expect, including where a yacht is based and the season.

The tables below show the “agency range,” which gives the average lows and highs of all ranges provided by the agencies, the “poll range,” where results from individual working captains and crew are tallied to show the lowest and highest of all the responses, and the “poll average” calculated from all the responses. Note that our figures do not account for longevity and experience, crew benefit packages, tips, or similar extra remuneration.

Not all positions with corresponding boat sizes had enough poll responses to be considered significant; those categories are marked with an asterisk to indicate if fewer than five crew responded in that size range for that position. Several categories had no or only one response, which is also noted.

To view the full table:

Dockwalk Salary Survey 2023 in USD and Euros

IMAGES

  1. Super Yacht Captain Salary

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  2. YPI CREW Releases 2023 Yacht Crew Salaries Report

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  3. How much does a yacht captain make?

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  4. Yacht crew positions : Hierarchy, Missions & Salaries explained

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  5. Yacht Crew Salaries: Complete Guide to What Yacht Crew Earn [2023]

    yacht boat captain salary

  6. What is a Yacht Captain Salary?

    yacht boat captain salary