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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 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 .

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.

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