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Old 15-11-2008, 10:38   #16
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Boat: Van Helleman Schooner 65ft StarGazer
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Hi David,
Not sure for example, what a US Chief Officer in the merchant marine would get these days, so it is hard for me to comment. What do they average annually?

On Superyachts, the pay varies a great deal upon whether the boat is based somewhere or is truly “pelagic”.

In this non-guild/union environment, performance and loyalty of the individual are rewarded much more. If it is a high profile Charter yacht the benefits/gratuities can be thru the roof.

Also, many captains and owners will use a 3 to 5 year “balloon payment scheme” for key crew to promote stability within the team. Very hard to compare as the compensation is as varied as the Owners

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