Average Salary of Yacht Captains
The salary of a yacht captain depends on vessel size, experience, and other factors, such as experience, qualifications, location, yacht charter or private use, rotation schedules, market trends, and performance bonuses. According to the US Chandlery, the average salary of a captain as of 2023 was $107,281. The following table gives you a quick overview of the salary range.
Vessel Size (ft) | Salary Range (USD) | Rank |
60 to 100 | $48,000 to $98,000 | Junior Captain level |
100 to 170 | $84,000 to $180,000 | Captain level with mid-range experience |
170 to 200+ | $144,000 to $300,000 | Senior Master level, indicating extensive experience |
Highest-Paying Yacht Captain Jobs
The highest-paying yacht captain jobs are typically found on the largest and most luxurious superyachts, such as Amadea, often exceeding 100 meters in length. These positions have high salaries due to the significant responsibilities involved. Duties include managing a large crew, overseeing the operation of sophisticated systems, and ensuring the safety and satisfaction of high-net-worth individuals. According to the latest industry surveys and reports, here are some insights into the highest-paying yacht captain jobs:
Superyacht Captains
Onboard 40m to 100m+ superyachts, captains can expect competitive salary packages that include pay, leave, and bonus arrangements. For the largest yacht over 100 meters, the monthly salary is around $20,000.
Charter Yacht Captains
Captains of charter and rental yachts often earn higher salaries due to the additional responsibilities of managing charters and ensuring guest satisfaction. These captains have an average monthly salary of $15,518. However, this can increase significantly with tips from charter guests, varying from 5% to 20% of the charter cost.
Private Fleet Captains
Captains who manage a private fleet for an owner or corporation may receive higher salaries, reflecting the trust and responsibility placed in them to manage multiple vessels. Private yacht captains earn an average of $17,105 per month.
Specialized Vessels
Captains with expertise in operating specialized vessels, such as ice-class yachts or those equipped for expeditions, may have higher salaries due to the unique skills required.
Yacht Captain Salary Comparison by Location
Data in the table has been collected from payscale.com, indeed.com, and salaryexpert.com.
Location | Average Salary |
U.S. | $84,988 |
UK | £60,984 |
UAE | AED 350,000 |
Australia | AU$101,736 |
Canada | C$126,110 |
Singapore | S$90,000 |
Italy | €75,000 |
Spain | €57,777 |
France | €2,200 to €3,700/month |
Final Words About Yacht Captain Salary
A yacht captain’s salary is influenced by vessel size, experience, and qualifications. The highest-paying jobs are found on superyachts and charter yachts, with salaries potentially exceeding $300,000 annually. Location also plays a significant role, with captains in the UAE, Canada, and Australia earning above-average salaries. These figures may rise as the yachting industry grows, reflecting the increasing demand for experienced and skilled yacht captains.