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Superyacht crew salary & leave survey 2024 19 September 2024

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Superyacht recruitment agency, Quay Crew, has released its latest in-depth crew salary and leave survey – this time, for all crew onboard.

Almost 300 yacht Captains responded to the survey, providing data for 2,500+ crew. As a thank you for their time, participants were entered into a draw to receive a €500 donation to charity. This was won by M/Y Nautilus (73m Perini Navi) who selected Cogs 4 Cancer.

Salaries are on the rise

The good news is that salaries are up generally for all crew. Rises range from as low as 0.5% for Stews, to 20% for Pursers and 14% for ETO/AVITs. The Engineering department has actually seen the best pay increases of all onboard departments.

sunreef yachts salary

It’s also positive to see that the number of yachts reviewing pay annually has improved, while those who do not review pay regularly as standard has dropped to 2%.

What is surprising is that when comparing full time and rotational packages, and private and charter packages, the gaps appear to be closing.

Historically, we used to see some higher rates of pay for full time roles versus rotational, as well as onboard exclusively private yachts where there are less opportunities to earn charter tips. But the findings in this survey show that this is not necessarily the case.

When it comes to leave packages, they have also improved since 2022. HODs and senior crew have seen a rise in Time for Time rotation and less Junior crew are on under 45 days leave than ever before, with many receiving 60 to 90 days or some form of rotation.

Detailed yacht size and role comparisons

The 34-page report shows the average crew size onboard each yacht size bracket and makes detailed comparisons between yacht sizes, private and private/charter yachts and full time vs rotational roles.

Tim Clarke, co-founder and Director at Quay Crew, commented:

“Clearly salaries and leave are improving for crew on the whole which can only be a positive thing. However, we also believe that the industry the industry is dividing into two camps.

“Camp 1, the yachts with good budgets and generous owners are regularly looking to improve packages in an effort to attract the best crew.

“Camp 2 are those programs who can’t improve packages and remain under ‘industry standards’ who will increasingly struggle to attract good crew and retain them.

“As always, you can offer the best packages in the world, but if you have a toxic working environment you will still turnover significant numbers of crew. Improved rotation and leave isn’t a silver bullet, it will only do so much.

“Eventually your reputation will precede you and it will be increasingly hard to hire good crew.

“Solutions to help improve this working culture? Read our blogs, watch our webinars obviously 😊. I would also hire a good leadership coach who can help you mould a better culture and accept there will be some bumps in the road.”

A separate report will also be available on training and benefits.

Superyacht crew salary & leave survey 2024

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Charlotte Flake

Superyacht and scandal – protecting your reputation.

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Sunreef Yachts Debuts “Floating Mansion” 100 Power Supercat

Sunreef Yachts, the renowned Polish catamaran builder, debuted its latest masterpiece at the Cannes Yachting Festival: the 100 Sunreef Power luxury catamaran – it’s jaw-dropping.

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The 100 Sunreef Power marks a significant milestone in the company’s expansion into the superyacht sector, offering a remarkable blend of space, luxury, and performance.

sunreef yachts salary

The 100 Sunreef Power showcases a vast main saloon that integrates the yacht’s expansive deck spaces, creating a harmonious flow between indoor and outdoor areas. The master suite comes complete with direct access to the bow terrace – and ocean views. Five additional guest staterooms ensure ample accommodation for family and friends.

sunreef yachts salary

One of the yacht’s most notable features is a partially enclosed flybridge, which houses a custom cigar lounge and 85-inch television. The 16m-wide walkaround beach club is another highlight, featuring foldout platforms and an invisible aft garage that provides easy access to water toys and diving equipment.

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Powered by twin 1,300hp engines, the 100 Sunreef Power delivers reliable performance and an extended cruising range. The yacht’s catamaran design ensures smooth motion at sea, enhancing comfort during long voyages.

sunreef yachts salary

60 Power Eco Also Makes a Splash

In addition to the 100 Sunreef Power, the company also premiered the all-electric 60 Power Eco at Cannes. Like earlier Eco models, this smaller addition to the Eco range also offers the shipyard’s innovative solar power system with photovoltaic cells integrated into its hulls, superstructure, and flybridge hard top. This green-energy solution powers both the yacht’s propulsion and onboard appliances, offering a glimpse into the future of eco-friendly luxury yachting.

sunreef yachts salary

Sunreef Yachts also revealed plans for its flagship model in the Ultima catamaran range, the Ultima 111. This 33.8m yacht will be designed in collaboration with Dutch design agency Phathom Studio and built at the company’s facility in Ras al Khaimah, UAE.

sunreef-catamarans.com hongsehmarine.com.sg

This article was first seen on  YachtStyle.co

For more on the latest in luxury yachting news and reads,  click here .

sunreef yachts salary

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19-04-2023, 13:25  
a 80’ sailing cat.

I understand all that goes into owning this yacht from a logistics standpoint, and have a scheduled in May.

I’d like to understand what I can expect to spend per year on crew salaries, , etc. for a 6 month per year, with chartering the rest of time.

Cheers
19-04-2023, 14:47  
Boat: Building a Max Cruise 44 hybrid electric cat
a 80’ sailing cat.

I understand all that goes into owning this yacht from a logistics standpoint, and have a scheduled in May.

I’d like to understand what I can expect to spend per year on crew salaries, , etc. for a 6 month per year, with chartering the rest of time.

Cheers
19-04-2023, 15:33  
Boat: Shannon 50 Ketch
19-04-2023, 15:50  
is $1,000 per foot plus benefits.
19-04-2023, 17:59  
Boat: Cruising Catamaran
will be a big ticket item depending on where you keep it too. In the past I have sourced financials of running in charter from charter companies who are willing to share (some are not) and then the companies that finance them as a charter package, they may provide a spreadsheet with many variables you can modify. Another avenue to explore is to find one that is currently in charter and ask for the financials of that boats operations, you might have to sign an NDA.
19-04-2023, 18:57  
Boat: Volkscruiser
industry was to start with two million and when you have the first milllion you get out of the industry. People must be making but the operating costs and depreciation on some of these big charter boats must be eye watering. You basically have an asset (LOL) that doesn't appreciate and is getting worn out every day you own it regardless if it is earning you an .
Cheers
20-04-2023, 04:53  
Boat: Mirage 35
marked "if you have to ask you can't afford it."
20-04-2023, 06:28  
, you should expect to spend about $900k year for the first 5 years or so. A huge chunk of this is the massive depreciation vessels like this see, if you are purchasing a this could be a bit less. These boats do not retain their value well from what I have observed. But if you are rolling in the dough and this is what calls to you, go for it, you earned it! Plus, spending is what keeps this whole economy moving.

Good luck and congratulations on the of your company!
20-04-2023, 06:30  
, you start with the WAG that annual MAINTENANCE costs (exclusive of OTHER costs, , depreciation, etc., and costs) will amount to something like 10% of acquisition costs.

May I suggest that as an erstwhile owner of a successful business, you call up your former CFO and ask him to advise you on the financial and aspects of what you are proposing to do. Surely, given that he's served you well in the past, he will do again if you ask him?

Bonne chance :-)!

TrentePieds
20-04-2023, 07:42  
Boat: Jeanneau 57
and not on the depreciated value each year. That is for crew and general maintenance and long-term dockage and for the generators. for travel and extended stays on board add to that base cost.

The Sunreefs are huge, I've been aboard an 80 before and felt like I could get in there for hours without a guide. The one I saw (I can't the name) had 2 permanent crew (a husband-wife combo sharing a . Both qualified commercially) and one part-time nanny/deckhand for the . The Sunreefs do depreciate quickly. Don't expect to do much sailing, as the decks are so high that the is, relatively speaking, quite small and underpowered.
21-04-2023, 15:59  
Boat: Oyster 55
 
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The city of Gdansk

The first two Sunreef Yachts shipyards are located in the city of Gdansk – a dynamic seafaring city with a strong economy and long naval building traditions. The company opened its doors in 2002, in the heart of the old Gdansk Shipyard – a historic place that witnessed the birth of Solidarity and its victory over the communist regime.

Sunreef Yachts expanded its production capacity and decided to adapt to a growing demand with the second location in Gdańsk. The ultramodern production site is equipped with cutting-edge machinery including Europe’s largest CNC machine. All the composite, carpentry, upholstery, and paint work are carried-out within one infrastructure for maximum quality and efficiency.

Infrastructure

Sunreef Yachts has easy access to the most optimal infrastructures: a 300-ton floating crane, which can lift yachts up to 210 ft, in-house workshops and above all – the most experienced craftsmen. The yacht manufacturing facility also provides a comprehensive mechanical, electrical and electronic service. There is also a dry and warm storage space for storing materials while the yacht is under construction, which is very convenient for any captain or project manager.

A New shipyard

In 2022, Sunreef Yachts acquired a 65,000m 2 land reserved for opening its first overseas shipyard in Ras Al-Khaimah, United Arab Emirates. Additionally, in response to the rising demands from the markets of Middle East, Asia, and Australia, the company also inaugurated a new office in the iconic Palm Jumeriah, Dubai.

On February 28, 2023, Sunreef Yachts officially inaugurated the company’s new Dubai office. It is located on the Palm Jumeirah West Marina, and it gathers an international team of professionals including sales representatives, designers, engineers, architects, and marketing department. The office will be a ‘yachting think tank’ with a mission to create new trends and come up with creative solutions to further develop the concept of responsible and sustainable yachting.

With two manufacturing sites in Poland and an emerging facility in Ras Al Khaimah, Sunreef Yachts is gaining a global reach for its range of sustainable catamarans.

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Festiwal Jachtowy w Cannes okazał się wielkim sukcesem dla Sunreef Yachts. Wiodąca w branży stocznia luksusowych katamaranów odnotowała duże zainteresowanie wystawionymi jednostkami i odniosła znaczący sukces komercyjny.

Stocznia Sunreef Yachts zaznaczyła swoją obecność na targach premierą 100 Sunreef Power 2.0 i elektrycznego 60 Sunreef Power Eco w Vieux Port. Oba modele spotkały się z ogromnym zainteresowaniem ze strony odwiedzających. Dodatkowo, firma zaprezentowała trzy luksusowe katamarany żaglowe w Port Canto, jeszcze bardziej umacniając swoją pozycję lidera w branży jachtowej.

W sobotę 14 września firma otrzymała prestiżowe nagrody branżowe podczas World Yachts Trophies. Założyciel i prezes Francis Lapp został uhonorowany tytułem Osobowości Roku za swój pionierski wkład w rozwój przemysłu jachtowego. 60 Sunreef Power Eco zdobył również tytuł Najlepszego Katamaranu Elektrycznego. Ceremonia wręczenia nagród, która odbyła się na plaży hotelu Carlton w Cannes, zgromadziła najbardziej wpływowe osobistości branży.

Festiwal Jachtowy w Cannes był idealną platformą dla Sunreef Yachts do zorganizowania konferencji prasowej na pokładzie 100 Sunreef Power 2.0. Firma zaprezentowała pierwsze rendery ULTIMA 111 - futurystycznego superjachtu stworzonego we współpracy z Phathom Studio.

Sunreef Yachts przygotowuje się do targów jachtowych w Monako. Firma zaprezentuje 100 Sunreef Power oraz jacht żaglowy Sunreef 80, obiecując kolejny imponujący pokaz luksusu i innowacji.

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  1. Sunreef 80 Eco Yacht Is a High-Tech, Low Impact Sailing Masterpiece

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  2. Step onboard Sunreef Yachts’ Sunreef Power 100 catamaran

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  3. Sunreef 80 Eco Yacht Is a High-Tech, Low Impact Sailing Masterpiece

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  4. Sunreef Yachts YACHT 80'

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    Sunreef Yachts will shortly join the Monaco Yacht Show, which will take place from September 25th to 28th at Port Hercules. As part of its display, Sunreef will feature two of its best-selling catamarans, including the eagerly awaited 100 Sunreef Power 2.0 superyacht.

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    Sunreef Yachts Salaries trends. 5 salaries for 5 jobs at Sunreef Yachts in Poland. Salaries posted anonymously by Sunreef Yachts employees in Poland.

  19. sunreef yachts jobs in Ras al-Khaimah

    Sunreef Yachts Middle East, a prestigious name in luxury yacht manufacturing, is seeking a talented and passionate Composite Engineer to join our dynamic team in Ras Al Khaimah. With a commitment to innovation and excellence, we take pride in crafting state-of-the-art yachts that redefine luxury on the seas.

  20. Sunreef Yachts Salaries

    Everything you need to know about Sunreef Yachts including salaries, benefits, open positions and more. Check out the latest salaries at Sunreef Yachts in the Gulf region. Find out how much you can earn as a software engineer, data scientist, or product manager. Everything you need to know about Sunreef Yachts including salaries, benefits, open ...

  21. Eco Luxury Sailing and Power Yacht Manufacturing ...

    Sunreef Yachts has easy access to the most optimal infrastructures: a 300-ton floating crane, which can lift yachts up to 210 ft, in-house workshops and above all - the most experienced craftsmen. The yacht manufacturing facility also provides a comprehensive mechanical, electrical and electronic service. There is also a dry and warm storage ...

  22. Sukces Sunreef Yachts na targach Cannes Yachting Festival

    Festiwal Jachtowy w Cannes okazał się wielkim sukcesem dla Sunreef Yachts. Wiodąca w branży stocznia luksusowych katamaranów odnotowała duże zainteresowanie wystawionymi jednostkami i odniosła znaczący sukces komercyjny.. Stocznia Sunreef Yachts zaznaczyła swoją obecność na targach premierą 100 Sunreef Power 2.0 i elektrycznego 60 Sunreef Power Eco w Vieux Port.

  23. Sunreef Yachts Salaries in the United Arab Emirates

    See Sunreef Yachts salaries collected directly from employees and jobs on Indeed. Salary information comes from 5 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Please note that all salary figures are approximations based upon third party submissions to Indeed.

  24. Yacht Design Jobs (with Salaries)

    Sunreef Yachts. Ras al-Khaimah. ... View all Sunreef Yachts jobs - Dubai jobs; Salary Search: Interior Designer salaries in Dubai; 1; 2; Return to Search Result Job Post Details. Graphic Designer and Social Media Ads Specialist - job post. TOOT FUN YACHTS LLC. Dubai. AED3,000 - AED5,000 a month.