YPI CREW, a leading yacht crew recruitment company, has released its 2023 Yacht Crew Salaries Report following a positive and fast-paced year in yacht crew placement. The report outlines trends in the industry and emphasizes the importance of flexibility in attracting top talent.

2022 marked a significant shift in the yachting industry, as the effects of Covid-19 began to wane. One key trend that emerged was the extension of scheduled or rotational leave to positions outside of the engine room and the bridge. Crew members are increasingly focused on achieving a harmonious work-life balance, leading yachts to adapt their leave packages to remain competitive. Flexibility with regards to leave has become a key factor for all departments and allows for a larger pool of candidates who are fully committed to the yacht, its programme and owner.

Read the full Yacht Crew Salary Report HERE.

Both the Deck/Bosun's and the Interior/Galley Departments have witnessed a steady trend towards increased leave packages. Senior Stews, for example, now seek a minimum of 90 days leave, and 95% of Chief Stews look for full rotation. Stew Head of Departments have come to realize the benefits of scheduled or rotational leave, a perk that was once reserved for Engineers or Officer/Captains Departments. Additionally, and in order to compete with the larger yachts, an important number of yachts under 70metres are now also considering increased leave packages to secure top crew. It's important to note that the salaries listed in the report are median range salaries and can vary based on factors such as job-specific skills, professional qualifications, and experience.

Read the full Yacht Crew Salary Report HERE.

YPI CREW now offers a bespoke service for our yacht clients to assist with salary reviews and comparative analysis. Contact Chloe Collet at chloe@ypicrew.com for any further information.