yacht boat captain salary

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How Much Does a Yacht Captain Make?

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 .

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

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 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

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

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Captains Clients Superyacht Industry Insights

Superyacht Captain salary survey 2023 18 December 2023

captain salary survey crew salary survey superyacht captain superyacht salaries yacht captain

In our biggest salary survey yet, we have uncovered detailed insights into Superyacht Captain salary and leave packages.

Almost 300 Captains responded across a range of yacht sizes from sub-30m to 100m+. In addition to average pay and leave, pay rise and bonus activity, the 20+ page report also compares Captain and Chief Officer experience, ticket level, longevity onboard and comparisons to our 2020 and 2022 survey findings.

Some top-level statistics are:

• Every yacht bracket has seen a salary rise since 2020 and 2022.
• Full rotation is also increasing and becoming more prevalent on sub-50m yachts, with an 11% decline overall in Captains with less than 59 days leave.
• Two-fifths of Captains receive an annual pay rise, although this is not part of their contract.
• 38% receive a 13th-month bonus, but random and unpredictable bonuses are more commonplace.
• 70% of Captains have Master 3000.
• Exactly half of the Captains who responded have more than 10 years’ experience in the role and 32% were Chief Officers for 3 to 5 years prior.
• A third have been Captains on their current yacht for more than 3 years.
• Flight allowance improves with yacht size, with 49% of Captains receiving Business Class flights as part of their package.
• The average age at which respondents first became Captain is 32.5 years old.

The full report contains a comprehensive analysis of salaries and leave in each yacht size bracket and also compares full time with rotational roles, as well as explores any correlation between experience and type of ticket.

Simon Ladbrooke, Captain Consultant at Quay Crew, commented:

“In our most detailed salary report to date, we have gained an insight into the real-time compensation Captains receive, broken down by yacht size and with several other comparables too.

“A key takeaway this year is that, despite a slight decline in salaries between 2020 and 2022, the average monthly pay is now higher across all size brackets, representing a median 6.75% increase.

“Time for time rotation has also grown in popularity on all sized yachts, with the exception of <39m yachts which are all full-time at the moment.

“By gathering Chief Officer experience as well as longevity on their current yacht, we can surmise that onboard promotion is on the rise. The average age that someone becomes Captain is now older and the number of years of experience as Chief Officer is higher, suggesting the transition is also taking longer.

“This is undoubtedly down to there being more competition amongst candidates and it being more difficult to make that initial step up.

“Yet, almost three-quarters say it took them less than 6 months to get their first Captain role. This could be, along with the extensive CO experience demonstrated in this survey, largely down to onboard promotion.

Having said that, we were very surprised at this statistic as it doesn’t match at all with our experience. Often, Chief Officers are looking for several years before they finally get their opportunity. It’s something we definitely want to explore further in another survey.”

All HOD salary surveys are available on our client portal, which you can request access to here.

About the author

Simon Ladbrooke

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2022/2023 Superyacht Crew Salary Guide

Whether you’re resuming your role on board after a “pandemic pause,” 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 2023 Salary Survey is now closed.

The Results of the 2022 Salary Survey

Our annual salary survey provided some unprecedented insights to what captains and crew earned in 2022.

As restrictions eased and the world opened up more, owners and guests have wanted to spend more time on board, and boats are, once again, willing to fly crew in. With some crew swallowing the anchor and lack of new crew joining the industry due to the pandemic, it has paved the way for a "crew market." However, the competiton can still be intense for HODs and captains. Another pandemic-related change is that most yachts are only hiring crew who have been vaccinated for COVID-19.

The compensation range crew can expect to receive is a mixed bag as some crew agents are seeing stagnation or even a decline in salaries compared to last year, whereas others are reporting the opposite. Because of the shortage for experienced crew, yachts are recognizing the need to increase salaries to attract and retain the best crew.

Post-pandemic, time off seems to be an even more highly sought after benefit along with rotation. Typically, rotation is reserved for engineers and senior crew, agents have reported it being offered to junior crew as well.

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 shows 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.

To view the full table:

Dockwalk Salary Survey 2022 in USD and Euros

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What is a Yacht Captain Salary?

As yachts get bigger they tend to require more crew members who are more skilled at their jobs and that includes a good yacht captain. The pay range for a yacht captain can vary greatly and for less experienced captains on smaller vessels it may start around $45,000 while it can range up to as much as $300,000 or more for very skilled captains on larger luxury yachts. 

Let’s take a look at what can affect a yacht captain’s salary and what you can expect to make (or pay) in this field.

Factors That Affect Yacht Captain’s Salary

Most people feel a yacht has to be at least 60 or so feet in length before it’s considered a yacht. The longest yacht in the world is the Azzam which is just shy of 600 feet long. You can imagine that the captain of the Azzam has to deal with more than the captain of a 60 foot yacht. As such, the Azzam’s captain is probably making more money.

Size of the vessel is arguably the biggest factor in what a yacht captain gets paid. You can divide yacht sizes up into three categories as it relates to yacht captains to get a better idea of the pay involved.

I’ve included some survey data here taken from Dockwalk and this was gleaned from information provided by 476 different yacht captains to give you  a pretty good idea of how much a captain makes at every single yacht size. 

Junior Captain

A Junior Captain would be captain of the smaller yachts that rank in around 60 feet up to 100 feet. Many yachts of this size may only have one or two crew members on board to help operate them. The captain of a smaller yacht like this could expect to make perhaps $45,000 to $98,000 per year or more. Obviously this can change on a case by case basis depending on the specific duties expected of the given captain.

These smaller yachts have less involved operations and are, in general, easier to run which is why the captain of a yacht of this size would likely get paid less.

Survey data from 2021 shows that most captains working on yachts in this size range average just over $8,000 per month. On the low end of that scale were yacht captains pulling in about $3,100 a month while the highest paid make around $20,000 per month. Yacht captains can also pull in gratuities as part of the crew and that averages out to around another $1,300 per month.

In the middle is a Captain of vessels that range from 100 feet all the way to 170 feet which is superyacht territory. These vessels can include a crew of several different members and will require more organization and skill to maintain and run smoothly. At this size a Captain can expect to be making anywhere from about $80,000 per year up to $180,000. 

Survey data from 2021 shows that, up to 140 feet, a superyacht captain can average about $10,100 per month. The lowest paid were making about $1,175 per month while the highest were again making around $20,000. You also pull in gratuities at this level that average just under $1,400 per month.

Yacht captains working vessels between 140 feet and about 190 feet were averaging $14,100 per month. At the low end of that scale you’re looking at $5,750 and it can go all the way up to $34,500 per month, so this is some serious money. If it’s a charter yacht, tips can reach nearly $3,000 a month as well.

Senior Master

A Senior Master is the captain of any yacht over 170 feet. This gets into megayacht territory at 200 feet and even gigayachts at 400+ feet. These captains have to be highly skill and managed not only massive crews that can include dozens of people, but a lot of more complex technology than the smaller vessels may be making use of. 

Because of the demands of this job, it’s clear that pay grades increase substantially as well which is why captains at this level can make between $140,000 and $300,000 every year. 

Survey data shows that between 180 feet and 240 feet, yacht captains had an average salary of just over $16,100 per month in 2021. That means a starting, low end salary of $9,200 per month which went all the way up to $23,250 per month. Tips closed in at just under $3,700 per month as well.

From 240 to 280 feet a yacht captain averaged just under $15,500 in 2021 which you’ll notice is oddly under the average for the next size down. The low end of the scale here paid just under $7,500 per month which is a good deal lower than the low end for slightly smaller vessels. On the high end captains were making $20,125. For whatever reason, yachts in this range just don’t pay as well as those in the 180 range, on average.

When you head to 280+ feet, the largest that the survey data was able to account for, yacht captains average about $20,500 per month. Remarkably, the low end here was $9,200 which is the same as vessels a full 100 feet shorter. However, on the high end some of these captains are making $32,000 per month. Factor in gratuities and that’s another $5,600 on average.

How Yacht Captains are Paid

Most yacht captains get paid on a monthly basis. There are freelance captains who may also work under different payment terms. One such captain who responded to the survey charged $38 per hour as a flat rate. If they were chartered for a week, that would work out to $6,384 per week assuming you expect your captain to be ready for duty 24/7 on the water.

What do the Yacht Crew Members Make?

Like the captain, crew members can make more money on larger vessels and their experience in the business and time at sea can also factor in. But in general, here are some average numbers for crew salaries to put things in perspective.

First Officer

On a smaller yacht under 100 feet a first officer may earn up to about $65,000 per year. On a much larger yacht over 200 feet they could expect $100,000+

Second Mate

The bosun mate on a smaller yacht can start earning around $45,000+ per year. On a larger yacht over 200 feet this can be bumped up to well over $65,000 per year.

At the low end of the scale, on a smaller yacht a deckhand may make around $40,000 per year. However, on a much larger yacht they could potentially earn up to $65,000 per year.

Chief Engineer

A chief engineer on a small yacht may earn as much as $80,000 per year or more. On larger yachts that top 200 feet this can get closer to $150,000 per year thanks to the much more complicated machinery they need to deal with. They may also need to repair things like jet skis.

Assistant Engineer

The assistant engineer is obviously not earning what the chief does but they can still start at $45,000 per year or so. On large yachts this can reach over $85,000.

Chief Steward

The purser on a smaller yacht can make between $54,000 and $60,000. On the larger vessels this salary can increase to over $80,000.

A steward may make as much as $42,000 on some smaller yachts while that could increase to as much as $65,000 or more on larger vessels. 

A trained chef can expect $60,000 on a small yacht and that can reach well over $105,000 on larger yachts. Many larger luxury yachts also bring in Michelin starred restaurant chefs to work for limited times and these chefs can earn quite a bit more. 

On yachts up to 100 feet, a cook can look forward to making perhaps $54,000 to $60,000 per year. On the high end of the scale, a cook on a large yacht over 200 feet might make over $84,000 per year.

Motor Yacht Captains vs Sailing Yacht Captains

On smaller yachts, the salary difference between sailing yachts and motor yachts captains is often negligible or non-existent. As vessel size increases, the salary of a sailing yacht captain will tend to outpace that of a motor yacht captain, sometimes by a lot. Larger sailing yachts are often harder to come by and require more specialized knowledge so a captain able to handle a 200 foot sailing yacht is rather rare. 

Jeff Bezos currently has the largest sailing yacht in the world at 416 feet while, as we said, the largest motor yacht is the Azzam at almost 600 feet. Though Bezos’ yacht has yet to hit the sea officially, we can assume her captain will be well compensated. 

The Bottom Line

Because yacht captains may perform a wide range of duties for their clients, their pay range can vary widely as well. The yachting industry is nothing if not malleable about things like duties, yacht operations and salary ranges. As long as a captain is skilled and experienced they can expect to make a decent salary regardless of the size of the vessel, but it will definitely increase considerably as the yacht size increases. As such, yacht captain salaries can range anywhere from $3,100 per month to $32,000 per month.

My grandfather first took me fishing when I was too young to actually hold up a rod on my own. As an avid camper, hiker, and nature enthusiast I'm always looking for a new adventure.

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How Much Do Yacht Captains Make? (Numbers & Examples)

Do you love boating? The wind and the water? The smell of sunscreen and sea salt? The feel of a powerful machine beneath your hands?

If boating is your passion, you might be wondering how you can do it for a living. Well, you might be in luck.

How Much Do A Yacht Captain Make?

The captain of a yacht typically makes between $60,000 and $150,000, depending on the size of the yacht and his/her experience. On top of that, charter yacht captains will typically earn 10-15% of the price of the charter from tipping.

Here’s everything you need to know about how much a yacht captain makes.

Table of Contents

How Much Money Do Yacht Captains Make?

One of the major determining factors of salary for yacht captains is the type of license you possess, the type of yacht you work on, and your level of experience.

Yacht captains often get paid a base salary. It will typically be in the size of $60,000 to $150,000.

In addition to a base salary, they can also get:

• health insurance
• flight expenses
• paid vacation
• training reimbursement

If your position requires you reside on the vessel you are also likely to be supplied with food and sundries.

Tips are often earned on yachts that are available to be chartered.

Here’s our guide to how much you should expect to earn from tipping as a crew member on a yacht .

Different Ranges of Salaries for Yacht Captains

• If you are a captain that is operating boats that range from 60 to 100 feet, the salary range would be between $48,000 and $100,000 per year.
• A captain who operates vessels between 100 and 130 feet, can earn a salary between $90,000 and $140,000 per year.
• A captain who would operate a vessel that can range between 130 to over 160 feet, could earn anywhere between $120,000 and $180,000.
• If the vessel that you operate falls between 160 to 190 feet, your salary could be between $150,000 to $210,000.
• If you operate a vessel that is 190 feet or more you could make over $200,000 per year.

Variations to these averages can depend on factors such as owner/guest use, the qualifications that are required with the position, and the itinerary of the vessel.

How Do I Become A Yacht Captain?

After looking at the earning potential, you are probably ready to sign up! However, you cannot just get on a yacht and become the captain.

To become a yacht captain, you first need to obtain a license. There are a few different levels of Captain’s licenses and you should attend the class that will give you the highest leveled license that you can qualify for.

There are two main license types that you can get. These are the “Six-Pack Captain’s License” or the “Master License”.

The Six-Pack Captain’s License would allow you to captain a boat with up to 6 paying passengers plus crew. The vessel can only weigh 100 gross tons or less.

This license is generally used for vessels that engage in charter fishing, scuba diving, or tour cruises.

This course includes topics such as the navigational rules, navigation aids and chart plotting, electronic navigation, characteristics of weather systems, and lifesaving equipment and safety.

To qualify to get this license you need at least 360 days of documented experience in the operation of vessels with 90 of those days being within 3 years of getting the license. You also have to complete the test that is given.

Any experience that was gained before the age of 16 cannot be used.

The Master License would allow you to captain a boat with more than 6 paying passengers.

Any vessel that is authorized to carry more than 6 paying passengers requires a Master license. Boats that require this type of license can include ferry boats, harbor tour boats, whale watching vessels, and water taxis.

For the Master License, the topics include everything listed for the Six-Pack license but also includes basic seamanship skills, tides and currents, marine radio operation, pollution prevention, vessel handling skills, and emergency procedures.

Requirements for a Master License depending on which type of Master License you get.

These include:

• Master Inland: 360 days underway experience since age 16. 90 of those days must be within 3 years of getting the license. Completion of course and test.
• Master Inland/OUPV: 360 days underway experience since age 16. 90 of those days must be within 3 years of getting the license. 90 days must be outside the boundary lines. Completion of the course and test.
• Master Inland/Mate N.C.: 360 days underway experience since age 16. 90 of those days must be within 3 years of getting the license. 180 days must be outside the boundary lines. Completion of the course and test.
• Master Near Coastal: 720 days underway experience since age 16. 90 of those days must be within 3 years of getting the license. 360 days must be outside the boundary lines. Completion of the course and test.

Other Requirements Include:

• A Transportation Workers Identification Credential (TWIC Card).
• You must be 19 years or older.
• Pass a physical examination.
• Pass a drug test.
• CPR/First Aid Training.

In addition to your license, you can also add endorsements.

These endorsements include a towing endorsement that would allow you to assist vessels in need for a fee, or sail or auxiliary sail endorsement which would allow you to operate a sailing or auxiliary sail vessel.

These endorsements are not required but may help you find a wider variety of jobs.

You also need a captain’s license if you are choosing to be a fishing guide. A fishing guide is the captain of a fishing vessel that holds paying passengers.

What is the Work Schedule Like for a Yacht Captain?

A six-figure salary can come with hard work and high levels of responsibility. 

While a yacht owner might only utilize their vessel between 6-8 weeks a year, you will most likely work all year. 

Your average year could consist of between 6-8 weeks of work with the owner, 10-12 additional weeks of work if the vessel is chartered, and another 8-10 weeks spend moving the yacht between ports.

The job duties of a yacht captain can include:

• The ultimate safety of the passengers, crew, environment, and vessel.
• Following the instructions of the yacht’s owner.
• Crew hiring and dismissal as well as general personnel management.
• Training and coaching the rest of the crew.
• Legal and regulatory compliance.
• Navigation including plotting a safe course, following the plotted course, docking and departing.
• Management of the ship’s maintenance and upgrades.
• Management of the vessel’s finances, porting options, and other accounting.
• Negotiating for goods and services for the vessel.

There are personality traits better fitted to this job than others.

The ideal personality traits of a captain include:

• A calm personality especially in an emergency situation.
• Superior leadership, communication, and management skills.
• Diplomacy skills.
• Organized and methodical behaviors.
• Knowledge of other languages and cultural sensitivity.

In addition to these personality traits you should also have the following skills:

• Boat handling and navigation skills that can come from acquiring a license.
• International Safety Management (ISM) and International Ship and Port Security (ISPS) knowledge.
• Maintenance and engineering/troubleshooting experience.
• Financial management skills.
• The proper licensing.

The captain of a yacht is more than just a manager of people and assets. They are the manager of an experience. It is the captain’s job to run the vessel according to owner preferences to ensure the best experience.

The ultimate goal of the captain and the crew should be the happiness and experience of the owner and his guests.

Once the owner of the vessel describes what type of yacht he wants to own and how, when and where they would like to use the vessel, the rest of the management is often clearly defined.

It is up to the captain to maintain these standards and stay within the boundaries set forth by the owner. After all, without an owner of the vessel, the captain would not have a job.

The captain should also concern himself with the safety of all the passengers, other vessels, the environment they are in, and the vessel itself.

How Much Money Does It Cost to Run A Yacht?

For an average mega yacht that operates with 12 crew members, your expenses for the operation could be anywhere between 4 and 10 million dollars.

This budget is based on where your yacht is moored, whether your yacht is available for charter, and where the travel destinations are.

Making these decisions can be the responsibility of a management company or can fall to the captain of the vessel.

These decisions include all aspects of the budget, what charters to take, where to station the vessel between charters, when to service the boat, and where to get it serviced when you do.

If you are intending to own a yacht and run it, in addition to the crew and the above expenses you will also be looking at spending money on food, drinks, and other amenities that are needed while on your voyage.

Overall, Yacht owning is an expensive hobby. One of the biggest expenses is the pay and benefits for the crew. 

If you work on a yacht you should have no trouble turning your passion into a prosperous career with high earning potential.

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Yacht Captain Salary: 5 Factors Impacting Earnings and Career Growth

Introduction to mega yacht captain's pay, 5 factors impacting yacht captain salaries, career advancement and salary growth, final thoughts about the yacht captain pay, introduction to mega yacht captain’s pay.

Yacht captains usually ask us “What is the usual Yacht captain pay?” well there is no one straight answer to what a is a yacht captain salary but we will dive into it soon enough.

Here in US Chandlery we know very well that yacht captains hold a unique and prestigious position in the maritime industry, responsible for the smooth operation and navigation of luxurious vessels that traverse the world’s most captivating waters. As with any profession, the remuneration for a yacht captain’s services is influenced by a myriad of factors. In this article, we delve into the intricacies of a yacht captain’s salary, exploring the average earnings, the key determinants affecting pay scales, and the potential for career advancement.

Understanding the Average Yacht Captain Salary

As of June 26, 2023, the average salary of a yacht captain stands at an impressive $107,281. This figure reflects the compensation for captains who have a balanced combination of experience, education, and additional qualifications. However, it is essential to note that this is just an average, and the actual salary range can be quite broad, spanning from $87,000 to $228,000.

Several critical factors play a role in determining the yacht captain salary range

1. Yacht captain’s experience –  Experience is one of the most influential factors in shaping a captain’s earning potential. A seasoned yacht captain with years of successful voyages and an impeccable track record is likely to command a higher salary than someone just starting in the field.

2. Education and Certifications –  Yacht captains with advanced degrees in maritime studies, nautical science, or related fields, along with essential certifications such as a Master’s License, are more likely to earn higher salaries. These qualifications demonstrate competence and proficiency in handling the responsibilities of a yacht captain.

3. Additional Skills – Specialized skills, such as expertise in luxury hospitality, navigational technology, multilingual proficiency, and marine engineering, can significantly enhance a captain’s earning potential. Captains with a diverse skill set are sought after by yacht owners who value versatility and expertise.

4. Type and Size of Yacht –   The type and size of the yacht under a captain’s command can also impact their salary. Captains of larger, more luxurious mega yachts may earn higher compensation due to the complexity and responsibility associated with managing such vessels.

5. Geographic Location –  The geographic location of the yacht and the nature of the voyages undertaken can influence a captain’s earnings. Captains who sail in high-demand destinations or frequently traverse exclusive regions may command higher salaries.

The yacht captain profession career advancement and salary growth

1. Progression to Larger Yachts –  As a captain gains experience and expertise, they may be entrusted with the helm of larger and more opulent yachts. Managing bigger vessels often comes with higher compensation and increased prestige.

2. Promotions within the Yachting Industry – Some yacht captains may choose to transition into managerial roles within the yachting industry. These positions, such as fleet managers or yacht brokers, can offer competitive salaries and diverse career paths.

3. Reputation and Referrals –  A captain’s reputation within the industry can significantly impact their earning potential. Captains who garner positive reviews from charter guests and owners are more likely to attract high-paying opportunities through referrals and word-of-mouth recommendations.

4. Continual Professional Development –  Staying up to date with industry trends and pursuing continuous professional development can enhance a captain’s skill set and, subsequently, their market value. Investing in relevant courses and certifications can open doors to higher-paying positions.

Here is a very nice Vlog by Tristan Mortlock, definitely someone you would like to subscribe to his channel.

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The salary of a yacht captain is a reflection of their experience, education, additional skills, and the size and type of yacht they command. While the average salary for a yacht captain is currently $107,281, this figure can vary significantly based on the aforementioned factors.

For aspiring yacht captains, the key to achieving a successful and rewarding career lies in pursuing relevant education, obtaining essential certifications, and accumulating valuable experience. By constantly improving their skill set and embracing new opportunities for growth, yacht captains can chart a course towards greater financial rewards and recognition within the esteemed world of luxury yachting. 

You can look for open positions and see live position openings for yacht captain salary.

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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?

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.

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.

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.

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.

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.

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.

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.

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.

Yacht Captain Salary in Florida

How much does a Yacht Captain make in Florida? The average Yacht Captain salary in Florida is $104,465 as of April 24, 2024, but the range typically falls between $84,818 and $119,752 . Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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Billionaires like Jeff Bezos and Mark Zuckerberg spend six figures a year maintaining their superyachts. Here's how.

• Superyachts  are one of the most expensive assets money can buy.
• The true cost of ownership is even more, adding up to millions a year.
• Here's how much it costs to own a superyacht — and what that money is going toward.

Financial advisors are quick to warn prospective owners that a boat is nothing more than a hole in the water in which to throw money. When it comes to superyachts , you'd better have bags and bags of cash.

As one luxury agent told Business Insider at the Palm Beach International Boat Show: "Buying a boat, it's a huge purchase — and nobody needs a yacht."

A superyacht, generally over 30 meters long, is one of the most expensive assets money can buy, with the largest costing more than a lot of real estate or a private jet. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts.

That doesn't include operating costs. Owners should expect to pay about 10% of a yacht's new-build price each year, experts told Business Insider. That's tens of millions of dollars annually for the most luxurious boats.

"It's a small-to-medium-sized business in its own right," said Jeffrey Beneville, a senior vice president at insurance company NFP, where he specializes in consulting clients about yachts.

Unlike many smaller boats, superyachts need staff, not just a captain. Some superyachts have space for dozens of crewmembers , including a chef, engineer, and masseuse for the guests onboard. Each gets an annual salary — the highest-ranking members earn six figures — and benefits. Eric Schmidt's yacht fits a crew of 28 for a ratio of about two crewmembers per guest.

Then there's fuel, dockage fees, routine maintenance, and insurance. The latter hinges on everything from the reputation of a yacht's shipyard to where an owner wants to take it (if a vessel is taking frequent trips to the South China Sea, for example, expect to pay a higher premium). If a superyacht has a support yacht — or a support superyacht, in Bezos ' case — expect to pay another 10% of that boat's price annually.

"The cost to maintain a yacht is so high that they just think that money's getting lit on fire," Matthew Fleissig, the CEO of wealth management firm Pathstone, told BI of his clients who choose to charter rather than own.

One of his firm's clients who does own has a 23-meter yacht valued at $5.2 million. The annual cost to staff, maintain, dock, and insure the boat is $346,297, according to documentation provided to BI. The lion's share is spent on marina fees ($95,970) and maintenance work ($88,408.) While not exactly a Sunfish, that boat is too small to count as a superyacht.

At 106 meters, the Amadea, owned by a sanctioned Russian oligarch , definitely does. The $300 million yacht, which was seized in 2022 and is docked in San Diego, cost $922,000 a month to maintain, a court filing showed: $360,000 for crew salaries, $75,000 for fuel, $144,000 for insurance, $178,000 in dry-docking fees, and $165,000 for maintenance, waste removal, food for the crew, and miscellaneous expenses.

"And that's an inactive yacht that's in the water," NFP's Beneville said.

If it were operational and carrying guests, the costs would be about twice that, or between $20 million and $30 million a year, he added.

Of course, it makes more financial sense for the non-obsessives to charter, and many of Fleissig's clients do. And some owners choose to offer their yachts for charter — the most luxurious cost as much as $1 million a week — to offset the costs.

"If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.

Then again, the running costs don't matter as much at a certain point. "If you're worth $30 billion, it's nothing. And if you're worth $117 billion — and these are the guys we're talking about — they're in it as long as it's still enjoyable for them," Beneville said. "It's not a money thing."

Watch: Why South Sea pearls are so expensive

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