Salary Guide

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YPI CREW, a leading yacht crew recruitment company, has released its 2023 Yacht Crew Salaries Report following a positive and fast-paced year in yacht crew placement. The report outlines trends in the industry and emphasizes the importance of flexibility in attracting top talent.

2022 marked a significant shift in the yachting industry, as the effects of Covid-19 began to wane. One key trend that emerged was the extension of scheduled or rotational leave to positions outside of the engine room and the bridge. Crew members are increasingly focused on achieving a harmonious work-life balance, leading yachts to adapt their leave packages to remain competitive. Flexibility with regards to leave has become a key factor for all departments and allows for a larger pool of candidates who are fully committed to the yacht, its programme and owner.

Read the full Yacht Crew Salary Report HERE .

Yacht Captain Salaries

Both the Deck/Bosun's and the Interior/Galley Departments have witnessed a steady trend towards increased leave packages. Senior Stews, for example, now seek a minimum of 90 days leave, and 95% of Chief Stews look for full rotation. Stew Head of Departments have come to realize the benefits of scheduled or rotational leave, a perk that was once reserved for Engineers or Officer/Captains Departments. Additionally, and in order to compete with the larger yachts, an important number of yachts under 70metres are now also considering increased leave packages to secure top crew. It's important to note that the salaries listed in the report are median range salaries and can vary based on factors such as job-specific skills, professional qualifications, and experience.

YPI CREW now offers a bespoke service for our yacht clients to assist with salary reviews and comparative analysis. Contact Chloe Collet at [email protected] for any further information.

Yacht Chief Engineer Salary

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2023/2024 Superyacht Crew Salary Guide

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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

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