average yachtie salary

Yacht Crew Salaries: Complete Guide to What Yacht Crew Earn

It’s no secret that the impressive yacht crew salaries attract most people into the exclusive yachting world.

Junior deckhands or stewardesses can earn starting salaries of $3000 per month. With a few years of experience and some courses to back you up, this amount moves up towards $4000-$4500 per month!

In order to compile this superyacht crew salary guideline, I have taken 10 of the top yachting platforms and used all of their data, combined with my personal experience, to reach an average salary expectation for each position.

Table of Contents

How Much do you Make Working on a Yacht?

Yacht Captain Salary

• 20m-30m: $4000-$7500
• 30m-40m: $5500-$9500
• 40m-50m: $8000-$15000
• 50m-70m: $13000-$19000
• 70m+: $16500+

Requirements of a Yacht Captain

• Years of experience needed: 3-5 years of experience as Chief Officer/Mate and more than 5 years of experience as a Captain for larger yachts
• Minimum level of Qualification: 200ton licence which allows you to drive vessels below 200tons

The Captain has the highest level of responsibility onboard the yacht and hence they earn the most out of all the yacht crew salaries.

Captains are accountable for the overall safety of the yacht, crew members and guests.

They also handle daily operations of the yacht, guests, and owner liaison. They deal with management companies, port control, budgets, human resources, and many more tasks and logistics that make the job demanding and stressful.

On top of this, Captains are required to hold high levels of certifications depending on the size of the yacht they are driving.

Yacht Captain salaries can sky rocket with higher levels of qualifications.

If you are looking to become a Yacht Captain one day I recommend looking into the courses required so you can get started with licenses and sea time. It takes time to get there, but when you do it will be worth it.

Chief Officer Yacht Salary

• 30m-40m: $4000-$6000
• 40m-50m: $4500-$7500
• 50m-70m: $5500-$9000
• 70m+: $8000+

Requirements of a Chief Officer

• Years of experience needed: 3-5 Years
• Minimum level of qualification: Officer of the Watch

The Chief Officer is second in command to the Captain and is responsible for carrying out the Captain’s standing orders.

On smaller yachts, the Chief Officer is referred to as the Mate.

The Chief Officer is responsible for carrying out the safety duties onboard and assisting in the bridge with paperwork and navigational planning.

The Chief Officer is also responsible for leading and managing their deck team, ensuring crew are following their duties as well as managing the water sports and guest activities.

The salary of a Chief Officer depends heavily on the license held.

Bosun Yacht Salary

• Years of experience needed: 2-3 years
• Minimum level of qualification: Yacht Master Offshore
• A yacht Bosun salary can vary between $4000 and $6000.

Responsibilities of a Bosun

The Bosun is essentially the Lead Deckhand onboard. A lead deckhand salary on a larger vessel will be similar to that of a bosun salary on a smaller vessel.

This is an opportunity to step up from being a deckhand and gain some experience in a leadership role. This position is in place for larger yachts so that when the Officer is busy with bridge duties, someone is in charge on deck.

Yacht Deckhand Salary

Years of experience needed: 0

• Minimum level of qualification: None needed, however Power Boat Level 2 and Yacht Master offshore will put you at a great advantage
• Entry-level yacht crew salaries start at $3000 and can go as high as $4000/$4500.

Responsibilities of a Deckhand

A Deckhand is an entry-level role on a yacht.

You need to spend a few years (or less) as a Deckhand in order to learn and gain experience so that you can step up in the ranks and obtain your licenses.

This role will be very hands-on in maintaining the exterior of the yacht. Duties will include cleaning, polishing, varnishing, sanding, caulking, and any other maintenance work required.

Chief Steward / Chief Stewardess Salary

• 30m-40m :$4500-$5500
• 40m-50m :$5000-$7000
• 50m-70m- $5500-$8000
• 70m+: $7500+

Responsibilities of a Chief Stewardess/Steward

• Years of experience needed: 3-5 years
• Minimum level of qualification: Depending on the size of the vessel you may need courses such as Food Hygiene and Safety, Silver Service, WSET, or a Purser course

The Chief Stewardess or Steward is responsible for all the interior operations of the yacht .

They are responsible for managing the interior team, and ensuring the interior of the yacht is maintained to the highest standards. Besides cleaning and laundry schedules , this also includes provisioning for crew and guests, budgeting, accounting, and training of junior crew.

Steward or Stewardess Yacht Salary

• Minimum level of qualification: Depending on the size of the vessel you may need courses such as Food Hygiene and Safety and Silver Service
• Salaries start at $3000 and go up to $6000

Responsibilities of a Steward or Stewardess

A Stewardess/Steward is an entry-level position working within the interior of the yacht.

There are rankings within the interior (2nd, 3rd, 4th Steward/Stewardesses). As you spend more time in the industry, you will be promoted to higher ranks, and with that will come a better salary and more responsibility.

This role covers a range of tasks, including but not limited to housekeeping, laundry, bartending, table scaping, floral arrangements, serving, and hosting guests.

Engineer Yacht Salary

• 20m-30m: $4000-$5000
• 30m-40m: $4500-$6500
• 40m-50m: $6000-$8000
• 50m-70m: $7500-$11000
• 70m+: $9000+

Requirements of an Engineer

• Years of experience needed: 2-4 years in an engineering role onboard as Deck/Engineer or relevant land-based experience
• Minimum level of qualification: AEC

The Engineer onboard is responsible for all mechanical functioning and maintenance of the vessel. This is a very technical role that can pay well as you gain experience and obtain your licensing.

Yacht Chef Salary

• 20m-30m: $4000 – $5000
• 40m-50m: $5500 – $75000
• 50m-70m: $6500-$9500

Requirements of a Yacht Chef

• Years of experience needed: 3-5 years depending on previous experience
• Minimum level of qualification: Food Hygiene and Safety Level 2

The Chef is responsible for feeding the crew 2 to 3 healthy and sustainable meals a day. They are of course required to prepare meals for guests when onboard to the highest of standards.

In their day-to-day tasks, they will be responsible for their own provisioning of the galley, maintaining stocks, cleanliness, and hygiene of the galley.

The salary of the Yacht Chef varies depending on qualifications and experience.

Yacht Crew Salaries for Private vs Charter Yachts

There are two types of super yachts that require crew: Private and Charter yachts. The salaries for yacht crew differ slightly between the two.

Private Yacht

A private boat is owned by a single person or family who uses the yacht for their own purposes. They don’t charter it out and you can expect to have the same guests onboard for the duration of your contract.

The benefit of these programs is that you get to know your guests well so you may find it easier to manage their wants and needs.

You may also benefit from traveling to off-the-beaten-track locations as I have!

For yacht crew working on these private boats, you will usually not receive charter tips.

Charter Yacht

A charter boat is one that gets chartered out by guests. This operates as a business and also means you will have different guests for every trip. 

If you work on a charter boat you can expect to receive charter tips at the end of each charter. These are usually 10%-20% of the charter fee!

Considering these tips can be anywhere from $2000-$5000 per week depending on the size of the yacht, charter boats offer great earning potential and can skyrocket your salary as a yachtie.

Hi, my name is Lisa, a Chief Stewardess in the yachting industry with 10 years of experience, as well as 8 years of hospitality experience prior to that. Being in the yachting industry has been a whirlwind of adventure, growth, challenges and some of the best experiences of my life, and I am excited to share my knowledge and experiences with all of you.

How to Write the Perfect Yacht CV [With Template]

A day in the life of a yacht stewardess.

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2023/2024 Superyacht Crew Salary Guide

Whether you’re continuing a long-standing career, climbing the career ladder, or getting your feet wet for the first time, Dockwalk ’s Salary Guide provides the full picture when it comes to crew compensation. 

Salary is generally one of the top motivators for those looking for jobs in yachting, but it remains a closely guarded secret. Each year, the Dockwalk Salary Survey goes out to thousands of crewmembers and crew agencies across the world, gathering real-time salary feedback with the aim of creating greater transparency and understanding across the industry.

The 2024 Salary Survey is now closed. Check out the results in the September 2024 issue.

The Results of the 2023 Salary Survey

Our annual salary survey provided some unprecedented insights to what captains and crew earned in 2023.

The yachting industry is slowly returning to normal in the wake of the pandemic. Yachts are back to work around the world and many new ones are in the pipeline thanks to the surge in popularity the "social distant" yachting lifestyle has enjoyed. But, while this return to normalcy has opened up new crew jobs this year, crew themselves have been returning to the workplace in large numbers and competition has been fierce.

Many of the crew agents reported that crew wages largely are flat this year compared to last. Salaries went up in 2021 and 2022 when crew were in short supply, but now more crew are available than previously. While crew are demanding higher pay this year, they’re not necessarily receiving it, but some agents have seen salaries continue to rise since Covid. There are many factors that can affect the salary crew can expect, including where a yacht is based and the season.

The tables below show the “agency range,” which gives the average lows and highs of all ranges provided by the agencies, the “poll range,” where results from individual working captains and crew are tallied to show the lowest and highest of all the responses, and the “poll average” calculated from all the responses. Note that our figures do not account for longevity and experience, crew benefit packages, tips, or similar extra remuneration.

Not all positions with corresponding boat sizes had enough poll responses to be considered significant; those categories are marked with an asterisk to indicate if fewer than five crew responded in that size range for that position. Several categories had no or only one response, which is also noted.

To view the full table:

Dockwalk Salary Survey 2023 in USD and Euros

Yacht Crew Salaries

Average starting salary guidelines.

The crew salaries reflected below have been derived from placement records and job orders for both power and sail, reflected as an average, received by Crewfinders within the past year and may change without notice.

The Ultimate Guide to Yacht Crew Salaries

• by yachtman
• September 16, 2023 June 22, 2024

Yacht crew salaries – a topic of intrigue for many. If you’re asking yourself how much these professionals make, this guide is for you. Here, you’ll find all you need to know about yacht crew salaries.

Factors like the size and type of the yacht, its location and cruising itinerary, all influence pay rates. Moreover, experience and qualifications of the crew matter too when it comes to yacht crew taxation .

In addition to the usual suspects, there are other unique details to yacht crew salaries. For example, some yachts reward their crew for excellent service or guest feedback. So hard work can bring you more than just a base salary.

Let me share a true story. Sarah is a highly experienced chef aboard a luxury superyacht in the Mediterranean. With her culinary skills and extensive training, Sarah earns a salary that reflects her expertise and talent.

Yacht crew salaries are a complex mix of vessel type, location, qualifications, and performance-based rewards. By exploring this guide, you’ll gain valuable insights into this fascinating aspect of the yachting industry . Let’s get started!

Understanding the yacht crew salary structure

Salary structure for yacht crew is key to understand when wanting a career in the yachting industry. See the following breakdown of positions and their corresponding average monthly salaries:

Aside from these positions, experience, qualifications and yacht size can affect salaries. Gratuities can boost earnings too.

It’s important to be aware of trends when it comes to salary structure. Demand for experienced crew has been growing due to luxury yacht vacations. Salaries have also been rising.

It’s essential to know the yacht crew salary structure if you want to pursue a career in the yachting industry. Knowing average salaries and keeping up with trends will help you make smart career decisions.

Factors that influence yacht crew salaries

Various factors impact yacht crew salaries, like experience, job position, and yacht size/type . Experience enhances earning potential, while captains/engineers earn more than deckhands/stewards. Larger yachts often offer higher wages, and yacht type impacts specialized skills compensation. Certifications, language proficiency, and additional skills also factor in. According to SuperYachtTimes, certain destinations offer more competitive remuneration packages due to market demands and living costs variations. When considering a career in this field, take these factors into account to shape your earning potential.

How to negotiate yacht crew salaries

Here’s a guide to help you negotiate yacht crew salaries and get the best pay package:

• Do Research : Learn the industry standards for yacht crew salaries. Look into job roles, experience levels, and vessel types to set a benchmark.
• Assess Yourself: See how your skills, qualifications, and experience compare to other crew. Show any special strengths or certifications that could get you a higher salary.
• Get Ready to Negotiate: Prepare evidence for your desired salary range. Be ready to show your successes, awards, and extra value.
• Pick the Right Time: Time is key when negotiating salaries. Look for moments when your employer is okay with it, like during reviews or contract renewals.
• Show Your Case: During talks, explain why your salary should be higher, but stay professional and respectful. Highlight how you’ve helped the team or operations.
• Look at Non-Financial Benefits: If a raise isn’t possible now, try longer vacations, better housing, or professional development to boost your package.

Remember, negotiation is an art and needs both parties’ needs and expectations. By following these steps and customizing them to you, you’ll ace salary talks with confidence.

Pro Tip: Stay open to compromise, but aim higher than your target salary range to have some room to move without undervaluing yourself.

Expected salary ranges for different yacht crew positions

Salaries for yacht crew members vary greatly , depending on their position and experience. Here’s a look at the expected salary range for different roles in the yacht industry:

Note: These figures are estimates, and can change due to yacht size/type, location, and individual skills/certs.

In the yachting industry, it is essential to be aware of the ultimate guide to yacht crew recruitment agencies to navigate the industry effectively.

To increase earning potential, get specialized training/certs related to your role. Qualifications make you more appealing to employers. Network within the industry. Go to events and join pro orgs – meeting people who can give valuable connections. Building relationships with captains/brokers can get you better jobs with higher salaries.

Maintain professionalism and dedication at work. Yacht owners value crew members who show reliability and hard work. Going above and beyond can help you stand out when it’s time for promotions/salary negotiations.

By following these tips and investing in your skills/network, you can make the most of the yacht industry.

Tips for career advancement and higher salaries in the yacht industry

Seek out chances to advance your career, such as going to industry conferences or getting certifications. Make connections with important members of the yacht industry, both on and offline. Doing this can give you access to job openings and mentors. Show off your skills through a resume and cover letter when applying for jobs. Showcase experiences and accomplishments that will make you attractive to employers. Be open to taking on different jobs or tasks to get varied experience and make yourself more marketable.

In addition, stay informed about current industry trends. Find out about new tech, regulations, and best practices. This way, you’ll be seen as an invaluable asset to the yacht industry.

As an example, Sarah started as an entry-level stewardess but quickly rose through the ranks. She was recognized by her co-workers and bosses. In a few years, Sarah became chief stewardess on a top yacht. She was successful due to her excellent skills and adaptability. Now, Sarah earns higher salaries and has more opportunities for career advancement.

By following these tips, as well as being determined and hardworking, you can enhance your career prospects in the yacht industry and make more money.

Analysis of yacht crew salaries shows insights, both for inexperienced and experienced crew members. High demand for yachting professionals has created competitive compensation packages, plus yearly increments and benefits like accommodation, travel allowance, and food. Salary structures vary based on factors like experience level, yacht size/type, job role, and location.

It is vital to look at certifications and specialized skills for understanding crew members’ earning potential. Get additional qualifications like STCW certificates or culinary training to increase the chances of getting higher-paying jobs. Positions like diving instructors or onboard beauty therapists come with attractive remuneration packages.

To not miss out on great opportunities, stay up to date with industry trends. Network with fellow professionals through conferences or online platforms. By staying connected and informed, you can maximize your earning potential .

Frequently Asked Questions

FAQ 1: What factors determine yacht crew salaries?

Answer: Yacht crew salaries are determined by various factors such as experience, position, size and type of yacht, level of qualification, location, and the owner’s budget.

FAQ 2: What are the typical positions and salary ranges in the yacht industry? Learn more in the essential guide to yacht crew placement .

Answer: Typical positions in the yacht industry include captain, first mate, chef, stewardess, and deckhand. Salaries can vary significantly, with captains earning $80,000 to over $200,000 per year, while deckhands may earn $30,000 to $50,000 per year, depending on experience and other factors.

FAQ 3: Are there any additional factors that can affect yacht crew salaries?

Answer: Yes, additional factors can include bonuses, tips, benefits, overtime pay, and the length of the working season. These factors can significantly impact the overall salary package for yacht crew members.

FAQ 4: Are there opportunities for career advancement and salary growth in the yacht industry?

Answer: Absolutely! Yacht crew members can advance their careers and increase their salaries by gaining additional qualifications and experience. Progressing to higher positions such as chief stewardess or captain can lead to higher income and better job prospects.

FAQ 5: Do yacht crew members receive any additional benefits besides their salaries?

Answer: Yes, besides their salaries, yacht crew members often receive additional benefits such as free accommodation and meals onboard, health insurance, retirement plans, transportation allowance, and the opportunity to travel to exotic locations.

FAQ 6: How can I find accurate and up-to-date information about yacht crew training programs ?

Answer: It is recommended to consult reliable sources such as industry publications, yacht crew agencies, and professional associations specializing in the yacht industry. They can provide accurate and up-to-date information on yacht crew accommodations .

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How to use the data presented here

The table has been drawn up with the information collated with figures from the past year within various yacht departments. Please note that they an indication only of starting salaries and the actual salary will vary depending on multiple factors.

Many elements need to be taken into consideration with regards to yacht crew salaries and not just the size of the yacht. The type of yacht (motor or sail), its usage (private, charter or both) and cruising schedule will influence the salary offered. Additionally, key elements of the candidate’s profile must also be reviewed, what is their previous experience, how long have they been in a particular role, have they recently acquired a new qualification, and do they have a specialised skill set that will influence the salary negotiation?

The highlighted section corresponds to yachts who offer a scheduled leave or rotational package.

Salaries here need to be modulated in accordance with the type of rotation offered, 5:1; 3:1 or 2:2 for example. There may be several different rotational schemes on a particular yacht, 5:1 for the junior crew, 3:1 for the intermediary position and full rotation for positions of responsibility.

The rotational salary is generally only a reduced monthly reduction (between 10 and 20%) and allows for a larger pool of candidates who are fully committed to the yacht, its programme and owner.

For many key roles, professional qualifications are the basis to establishing a guideline salary, notably in the Engineering  and Officer’s Department.

Following the effects of the Covid-19 pandemic on the yachting industry in 2020, the past 2021 was considered the year of revival for yacht crew placement.

With regards to salaries, the market saw a return to stability and no major new trends were recorded. There is always increased pressure to offer a scheduled leave or rotational scheme that now starts with yachts in the 40 to 50 metre range.

HOW MUCH DOES YACHT CREW EARN

Yacht crew salary guide.

The yachting industry is more appealing than ever, but it comes with its own set of challenges. With so many candidates available, the task is to match the right talent with the right yacht efficiently.

In this evolving market, crew members are prioritising a balanced work-life dynamic. While salaries and leave packages in yachting are usually competitive, flexibility is now crucial for attracting top-notch crew. Offering more flexibility in leave allows for a broader selection of candidates who are dedicated to the yacht, its schedule and its owner.

Key trends in superyacht crew recruitment

Offering Competitive Compensation Packages

Salaries and leave packages remain a crucial factor in attracting skilled crew members. Highly qualified crew are seeking packages that accurately reflect their expertise, certifications and the value they bring to their roles onboard.

Preference for Work-Life Balance

The desire for a better work-life balance continues to be prevalent among superyacht crew. This includes preferences for rotational positions that allow for scheduled time off, as well as yachts with itineraries that offer a good mix of guest-on and guest-off periods. Employers are responding by adjusting leave schedules and offering more flexible contracts to attract and retain top talent.

Emphasis on Soft Skills

While technical prowess remains crucial, there's a growing recognition of the importance of soft skills. Attributes such as teamwork, communication, and adaptability are increasingly emphasised during the recruitment process, reflecting the collaborative nature of yacht crew work and the premium placed on guest experience.

Underscoring Sustainability and Environmental Awareness

With increasing awareness of environmental issues, conversations are developing around sustainable practices. This includes expertise in managing waste, reducing emissions and operating advanced environmental technology on board.

Deck Department

 All the Captain and Officer salaries will depend on experience and maritime qualifications.

* On smaller yachts the First Officer is generally referred to as the Mate or First Mate. On yachts over 100m / 3000GT there are often two distinct roles for a First Officer and a Chief Officer.

** Specialised Deckhand positions will englobe a Deckhand Tender Driver, Kite Surfer, Carpenter, Diver etc.

Sole/Chief Engineer:

For 30m — 40m the salary is based on the candidates holding an AEC/Y4

For 40m — 50m the salary is based on the candidates holding a Y3 / SV Chief 3000kw

For 50m — 70m the salary is based on the candidates holding a Y2 / SV Chief 9000kw

For 70m — 80m the salary is based on the candidates holding a Y1 / SV Chief 9000kw

For 80m — 100m the salary is based on the candidates holding a Y1/Class I

For 100m+ the salary is based on the candidates holding a Class I

Second Engineer:

For 40m — 50m the salary is based on the candidates holding an AEC

For 50m — 70m the salary is based on the candidates holding a Y3 / SV Chief 3000kw and on rotation. If the role is permanent then an EOOW qualification is required and the salary would be 5 000—6 500€

For 70m — 80m the salary is based on the candidates holding a Y3 / SV Chief 3000kw

For 80m — 100m the salary is based on the candidates holding a Y2/Class II

For 100m+ the salary is based on the candidates holding a Class I/Class II

Third Engineer:

For 70m — 80m the salary is based on the candidates holding a AEC

For 80m — 100m the salary is based on the candidates holding an EOOW - equal rotation or 4:2 for example

For 100m+ the salary is based on the candidates holding an EOOW - equal rotation or 4:2 for example

For 80m — 100m the salary is based on the candidates holding a STCW III/4

For 100m+ the salary is based on the candidates holding a STCW III/4

Please note that the salaries below are an indication only of starting salaries and that the actual salary will vary depending on multiple factors; job specific skills, professional qualifications and experience. ​

YPI CREW now offers a bespoke service for our yacht clients to assist with salary reviews and comparative analysis. Contact  [email protected]  for any further information.

Download the full YPI CREW recruitment market report

Download the YPI CREW Recruitment Market Report for an in-depth analysis of current trends in superyacht crew recruitment. Gain valuable insights into the market dynamics and trends specific to each department, providing a comprehensive overview of the industry landscape.

Are you looking for yacht crew for your yacht?

Contact our recruiters who will strive to find the perfect fit to your existing crew by presenting suitable, available and interested candidates, who will be pre-interviewed and credentials checked.​

You can get in touch with us today by clicking here .

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Engineering Department

Chef department.

* No yachting experience

** Rotational positions start at 6 000€ while non-rotational positions start at 7 000€ *** Combined Cook/Stew or Cook/Deck role **** Lower end refers to crew with no yachting experience

***** Rotational positions start at 4 500€ while non-rotational positions start at 5 000€

More and more yachts, from 30m+, are offering rotation at all levels in the galley in order to secure the best candidate on the market. 

Interior Department

Specialist Positions

30m — 40m

40m — 50m

50m — 70m

70m — 80m

80m — 100m

Chief Officer

First Officer*

Second Officer

Third Officer

Specialised Deckhand**

Deckhand Junior

4 500—6 000

45–60 days

3 500—4 500

2 800—3 000

45 days

6 000—9 000

3 500—5 500

8 000—13 000

45–60 days or equal rotation

5 500—7 000

50–60 days

3 800—4 000

9 000—18 000

60-90 days or equal rotation

6 000—7 500

5 000—6 500

5 000—5 500

60–90 days

14 000—20 000

7 000—9 500

5 500—6 500

61-90 days or equal rotation

4 000—5 000

3:1 rotation

90 days or 3:1 rotation

15 000—23 000

8 500—11 000

62-90 days or equal rotation

Discretionary

Equal rotation

9 500 + discretionary

7 500—10 000

6 500—7 500

4 500—5 500

3:1 rotation or equal rotation

Salary (€)

Chief Engineer

1st Engineer

Second Engineer

Third Engineer

ETO & AV/IT

4 000—6 000

Non-rotational

5 000—8 000

Non-rotational or equal rotation

7 500—10 000+

6 500—7 000

Non rotation or rotation

6 000—7 000

11 000—15 000+

7 000 — 8 000

Non-rotation or rotation

3 200—4 000

7 000—8 000+

13 000—15 000+

8 500—10 000

8 000—10 000

Head Chef/Sole Chef

4 500*—5 500

5 000—6 000

2:2 rotation or non-rotational

6 000—8 500

4 000—5 000***

6 000**—9 000

4 000****—6 000

4 500*****—6 000

2:2 rotation

Head of Service

Head of Housekeeping

Experienced Stew 1–3 years experience

Junior Stew 0–1 years experience 

3 500—4 000

2 800—3 300

4 000—5 500

3 000—4 500

3 000—4 500

4 500—6 000

3 800—4 250

6 500—8 000

90 days+ or equal rotation

5 500—8 000

60 days+, 90 days+ or equal rotation

4 250—5 500

60 days+ or 90 days+

7 000—8 000

equal rotation

90 days+ or equal rotation

4500—5 500

8 000—9 500

7 000—8 500

5 000—6 000

Spa Manager (with yachting experience)

Spa Therapist (with advanced level training)

Masseuse / Beautician (with basic training courses)

Personal Trainer

Laundry Master

3 300—4 500

4 000—4 500

4 000—5 000

90 days + or equal rotation

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Superyacht Crew Salary Guide – 2023

• Superyacht Crew Salary Guide – 202...

Working as a crew member on a Superyacht has some incredible perks…

… from being on the ocean and seeing new countries to brushing shoulders with the rich and famous and, of course, earning an amazing salary.

As we begin 2024, we thought it a good opportunity to look back at 2023 to see how the industry faired and whether there have been any changes to salary, tips, and working conditions.

The good news is that things have got better! Since the pandemic, the Superyacht industry has seen significant growth the industry has grown significantly over the last couple of years .

As the number of Superyachts being built increases, so does the demand for crew; there has never been a better time to enter the industry.

Typically, the entry-level salary for a Deckhand and Steward/ess ranges between €2,000 and €3,500, rising to €4,000+ for more senior roles. A Captain can make €10,000+ per month, depending on the size of the Superyacht!

Moreover, as you’ll be living onboard the yacht, there are no living expenses to worry about. Your meals are prepared by the Chef onboard, too, and you rarely need to buy groceries or toiletries.

We can’t talk about Superyacht Salary without mentioning tips. The majority of Superyacht owners charter their yachts as the ultimate holiday experience! A Superyacht does not come cheap, with some chartering for One Million per week! Guests normally leave a tip and around 10% of the charter fee, which is shared equally among the crew. It is not unheard of for a Deckhand or Steward/ess to receive a €5,000 tip after a week’s trip!

Another huge benefit contributing to the amazing Superyacht salary is the potential for tax-free earnings (typically paid in Euros)!

Read on for our complete guide to the Superyacht crew salary for 2023…

How much do you make working on a Superyacht?

In short, your salary will depend on the role you work in on the Superyacht, in conjunction with its size; however, the average salary is €2,500 per month (most boats pay in Euros rather than pounds).

Several other factors will determine Superyacht crew salary, too, including previous experience, qualifications, and extra skills (such as Dinghy Instructor, Carpenter, and Divemaster, to name a few).

Whether the yacht is chartered or privately owned will all contribute to your monthly pay packet; your basic salary will be the same whether you work on a charter yacht or a private boat, though on a charter, you will generally receive tips; this usually around 10% of your monthly salary, or it can range between €1,500 to €5,000+ .

We’ve shared current Superyacht salary approximations for 2023 in the table below:

How much do you make working on a yacht?

Here’s a breakdown of Superyacht crew salaries in more detail by role:

Superyacht captain salary – €4,000 to €16,000+.

A Superyacht Captain is responsible for all activity onboard, crew safety and well-being, and the experience offered to guests.

The Captain is the owner’s main point of contact on the yachts; whether things are going right or wrong, it can be a highly pressured and stressful job.

The salary reflects the responsibility in this high-pressure environment, and the range in salary normally depends on experience and the boat’s length.

Generally, larger boats will carry more guests and staff; therefore, the Captain will have higher responsibilities, a bigger budget, and more challenges to cope with.

First Officer salary – €3,200 to €8,000+

The First Officer, also known as Chief Officer or Chief Mate, is always second in command to the Captain.

They will assist the Captain in a wide range of duties and tends to be responsible for the safety of the Superyacht and everyone on board. Furthermore, the role of the First Officer also includes bridge watches and navigation.

Due to needing a firm understanding of working on deck, the First Officer normally starts their career as a Deckhand and progresses from there.

If you are an experienced First Officer and have moved onto larger yachts, then your next step will be to become a Captain.

Superyacht Bosun salary – €3,200 to €5,000+

Otherwise known as the Senior Deckhand, the Bosun is the ‘line manager’ of all Deckhands on the boat. The responsibilities of the Bosun are to manage and maintain the exterior of the yacht to the highest order.

This role also includes spending time with the guests, making sure they are having fun and are safe on all the toys the Superyacht has, such as jet skis and dinghy sailing boats.

Chief Stewardess salary – €2,800 to €7,000+

The Chief Stewardess is responsible for the interior of the Superyacht. Attention to detail, elegance, and cleanliness is paramount for this role.

Moreover, you will be required to perform duties discreetly and anticipate the requests and demands of guests, as well as manage your team of Stewardesses. A managerial background in hospitality will, therefore, help for this role.

Generally, the Chief Stewardess will have gained previous experience in an entry-level Stewardess role and fully understands the functions of a working Superyacht.

Superyacht Stewardess salary – €2,000 to €3,500+

This is an entry-level position working on board a Superyacht.

Open to Male and Female

Being a Superyacht Stewardess is a wide-reaching role covering three main areas: Service, Housekeeping, and laundry. Your actual day-to-day activities can vary depending on the type of yacht (private or charter), owner, and Itinerary. You will be the host, cleaner, florist, and housekeeper, and collectively responsible for looking after the guests 24/7.

If you are looking at not going to uni , and want a career with real progression and a very good salary, becoming a Superyacht Stewardess could be for you! If you would like to start a career as a Stewardess, then consider joining our Superyacht Steward/ess course.

Superyacht Deckhand salary – €2,000 to €3,500+

This is another entry-level role to work on a Superyacht.

Open to male and female

A very hands-on role, the Deckhand is responsible for the exterior of the yacht, and tasks will typically involve cleaning, painting, sanding, varnishing, and all general maintenance of the boat.

As with all Superyacht roles, working as a Deckhand requires some skills and qualifications before you start looking for work. The good news is that you don’t have to go to Uni to get whats required. You will be able to get qualified in a few weeks.

How to become a Superyacht Steward/ess or Deckhand.

If you want a career in the Superyacht Industry, we are here to help. Contact us by phone, email, or live chat. Alternatively, book a meeting with one of our career advisors.

Looking for more information on working in the Superyacht industry?

Download our free guide and learn all there is to know about working on a superyacht as a deckhand or steward/ess., related articles.

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Working On Yachts

There are currently over 15,000 yachts in the world large enough to require professional, qualified yacht crew and as a result this industry is growing rapidly each year.

A career in yachting can be rewarding, exciting and a wonderful opportunity to travel the world and explore new horizons!

Wherever there is water, you have the potential to go. Traditionally the yachting industry in the Mediterranean runs from April until September and from November to April in the States & Caribbean. Having said that, the possibilities are endless with many yachts circumnavigating the world.

Yachting is an eye opening, ultimately fun industry that demands hard work, perfection and attention to detail. We work with yacht crew every day and have a deep insight into what new crew should do to make the most of their career. Here are our top ten tips for starting out.

You cannot work on board a luxury yacht without getting your basic qualifications first. Bluewater offers a full range of crew training courses for those just starting in the industry:

• STCW 95 Basic Training 5 Day Course
• Powerboat Level II 2 Day Course
• Interior Introduction 3 Day Course
• AEC 1 5 Day Course

We have a sample copy and lots of relevant advice on creating your first yachting CV within our 'Your CV' section.

Certain times of year are more favourable for new crew looking to join the industry. If you are going to Antibes or Palma, we advise end of March/April. Fort Lauderdale is different in that it is sunny most of the year, however there is a peak recruitment season around November each year.

In every yachting hub you will find english speaking bars and cafes filled with yacht crew. Make sure you go and explore to build your network within yachting. Although global, it is a small industry so make sure to present yourself professionally.

Finding your first position in yachting is the hardest. Make sure you are dock walking, looking for day work opportunities and handing out your CV. You may find that one day's work leads to a permanent role or other job interviews.

Read websites, follow yachting news, learn from other crew who were in your 'deck shoes' a few years ago. Good examples of yachting websites & magazines are:

• Bluewater bluewateryachting.com
• Dockwalk dockwalk.com
• The Crew Report thecrewreport.com
• The Triton thetriton.com

Apply for jobs, manage your course bookings and sign up for events.

You can buy pay as you go SIM cards either in newsagents or specialised telephone shops around the Mediterranean. This will help to save you money when job hunting!

Captains check Facebook and Twitter pages before interviews. Make sure any public images of you are professional and will not reduce your chances of employment. Once employed be sure to avoid any posts about your yachts, current location and inappropriate images.

A smart, professional appearance will win over shorts and a beach top.

The most important aspect when you are looking for work is to make sure your CV is up to date, well written and includes any relevant experience that you might have.

It is best to emphasize any hospitality experience or customer service skills you may have had, such as waitressing, hostessing, silver service, bartending, cooking, nanny/au-pairing, babysitting, flower arranging, cleaning and/or laundry experience.

Should you wish to join the engineering department, make sure you include all mechanical experience and qualifications, including all work done in refrigeration, air conditioning, work with engines, and any electrical work, electronics or AV/IT.

The most important aspect to include is any recreational sailing experience you may have had. If you are also qualified or experienced in woodwork or carpentry, have painting, polishing, varnishing know-how, then that is also great. In addition any diving, sailing, fishing, any water sports background are all fantastic skills that are easily transferable.

We deal with a great multitude of chef positions, ranging from crew chef to head chef. Most positions will require some form of culinary training, however some crew succeed in entering this department through the stew/cook route on a smaller yacht.

When filling in your online profile with us, make sure to only select positions that you are qualified to do onboard. Selecting more than 3-4 positions on your profile can confuse potential employers and effect our search results.

Your CV should be no more than two sides of A4, including your photograph (in colour, face on, without sunglasses).

Your CV should be in a word format to ensure it can be opened easily by all employers.

List all recent contact information, references and work history.

Including a personal statement, along with a clear objective can help distinguish you from other candidates and helps prospective employers grasp your long term goals.

Don't give employers an excuse to dismiss your CV, review and spell check it!

Salary Guidelines

Knowledge is power and the more you research, the more informed & on the ball you will be.

Make sure you have a printed copy of your CV with you and always arrive early and dressed in a smart way. Research the yacht, make yourself prepared & don't be afraid to ask questions.

The key to getting your first job is to network! Always carry a copy of your CV with you.

Remember the industry is a tight, professional network therefore it is crucial to communicate with others, walk the docks, distribute your CV and register with crew agencies. Bluewater is one of the longest-established crew agents - we have been finding people yacht jobs since 1991!

Keep the agencies up to date! Always make sure your profile has the correct location and contact numbers for you so we can get hold of you when we have the perfect role for you.

Your profile is essential to us finding you work, both now and in the future. We rely on the information you input to match you to the right jobs, so please make sure it is up to date and at least 85% complete. We receive thousands of vacancies each year, and search our database for the best candidates for each one... You will hear from us more often if you are checking in regularly! Once you find work you can set your profile to 'Not Available'.

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How much do yachties make.

Embarking on a career as a yachtie sounds very enticing to most.

Being able to work at sea allows you to enjoy the amazing natural surroundings, as well as be engaged in a truly unique employment position.

CS GO is a popular video game that yachtsmen enjoy playing for free time. Yacht clubs around the world are filled with people who love to play CS GO, as it is a good way to relieve stress and have some fun. CS GO is a team-based first-person shooter with over 15 million players. The objective is to reach the opposing team's headquarters, called the bomb site, and plant the bomb before time runs out. The game has multiple maps and modes, and yacht clubs often organize tournaments where teams of sailors compete to win money or prizes. Also game has csgo training maps where you can train if you not shure in gaming skills. Whether it's the newest player just getting into the game, or a seasoned pro, there's a common thread that links yachtsmen across the globe together: an unbridled love of playing Counter-Strike. The game has been around since 1999 and is one of the most popular games in the world with millions active users.

However, as well as the seemingly glamorous, lavish lifestyle aboard a superyacht, there's also attractive financial incentives to consider too.

In this article, we explore what being a yachtie means and how much income you can expect to make aboard a yacht.

Les plaisanciers aiment jouer dans les casinos en ligne. Les marins sur les yachts aiment jouer dans les casinos en ligne car ils offrent une grande variété de jeux et d'options de paris. De plus, les casinos en ligne sont accessibles de n'importe où dans le monde, ce qui permet aux marins de jouer pendant qu'ils sont en mer. Les casinos en ligne offrent une grande variété de jeux, y compris les machines à sous, le blackjack, la roulette et le poker. Il existe également de nombreuses options de paris différentes, afin que les marins puissent trouver un jeu qui convient à leur budget. De plus, les casinos en ligne sont ouverts 24h/24, les marins peuvent donc jouer quand ils le souhaitent. Les marins peuvent accéder au Yukon Gold casino francais de n'importe où dans le monde avec une connexion internet. Cela signifie qu'ils peuvent jouer pendant qu'ils naviguent autour du monde. Les casinos en ligne offrent aux marins un moyen pratique de jouer pendant qu'ils sont en mer.

What is a Yachtie?

What does a yachtie do, pass the eng1 medical exam, complete stcw basic safety training, other relevant courses, the right attitude, apply for jobs.

Online casinos have become increasingly popular among ship crews and yachtsmen. While land-based halls have traditionally been the go-to choice for those looking for some gambling entertainment, the convenience and flexibility of online casinos have made them a preferred option for many. One of preferences of gamers for online casino versus land-based is the ability to play from anywhere at any time. For ship crews and yachtsmen, who may spend long periods of time at sea, this flexibility is particularly appealing. They can log on to their favorite online casino platform and play a variety of games, including slots, blackjack, and roulette, without having to wait until they reach land. Moreover, online casinos offer a wider range of games than land-based ones. They can provide access to hundreds, if not thousands, of different games from top providers. This variety means that there's always something new to play, which is particularly important for ship crews and yachtsmen who may spend extended periods at sea.

1st & 2nd Officer

Chief engineer, chief stewardess, yachtie salary ranges, do yachties earn tips, how are tips shared on board.

This is a broad term which actually comprises many different posts, as there's numerous positions that make up a yacht crew.

This is even more the case with superyachts, where the crew will typically comprise the captain, stews, deckhands, chefs and various others.

In such a case, the vessel will be large and luxurious.

Over time, there will be plenty of opportunities to progress your career over time as you gain experience.

With the right 'can do' attitude and diverse responsibilities your role will undoubtedly evolve.

 As a yachtie, you'll generally be classified as either a yacht stewardess or deckhand.

These are the initial roles one can expect to be hired as when first embarking on a new career as a yachtie.

A yacht stewardess, or stew, will essentially take care of the interior aspects of the yacht.

Such a role will entail serving food, cleaning rooms and making beds, organizing laundry and taking care of the guests, with the main aim of ensuring they are having a pleasant time onboard.

The stew will typically report to the Chief Stew, who will delegate what needs to be done.

A yacht deckhand on the other hand will be more involved in the exterior maintenance of the yacht.

This includes general repairs, cleaning the decks, driving the tenders etc.

Aboard some yachts, deckhands might be required to assist in meal preparation and service too, especially during busy times.

How to Become a Yachtie

 To get started you will obviously need to apply for an entry level role, that is, either for the post of a yacht stew or a yacht deckhand.

There is a common misconception that managing to work on a luxury yacht is something that only the elite can aspire to, and many have no idea where to start.

However, if you have the right understanding of what the posts entail, the respective requirements and the certifications required, you can manage to work as a yachtie.

The following guidelines should help you to set out on the right track.

This is a must to work as a yachtie.

The ENG1 medical is basically an examination which is carried out by an approved MCA doctor.

The main aim is to ensure that the prospective yachtie is fit and able to work at sea.

This exam generally takes around 45 minutes and you'll undergo a number of basic tests and checkups so that the doctor can ascertain whether you are fit enough to work aboard a sea vessel.

This is important both for your own safety as well as for those who will be on board the yacht.

Any underlying health conditions will need to be investigated.

For instance if one is colour blind, working onboard a ship is not possible as he or she would not be able to identify signals and lights.

Therefore during an emergency at sea, this could be critical.

You can only get a job on a yacht provided that you have completed your STCW Basic Safety Training course.

STCW stands for Standards of Training, Certification and Watchkeeping.

The aim of this course is to ensure that all seafarers have a good understanding and knowhow of how to act in case of an emergency.

This is very important at sea and there are a number of procedures which will need to be followed.

This training course will cover areas such as sea survival, first aid and fire fighting, among others.

There are various courses which you could attend in order to be better qualified.

Doing so will demonstrate that you have all the necessary skills to get your desired job on a yacht.

Examples are a Deckhand course or Stewardess course, or more specialised courses such as food related courses, flower arranging, maintenance and repairs etc.

The more qualifications you manage to gain, the better you will demonstrate that you're committed to embarking on such a job.

Inevitably your competence and skills will be increasing too, making you far more employable.

Besides formal qualifications, it's imperative to have the right attitude.

A yachtie needs to be a pleasant and approachable person, who is able to keep an eye on details and show enthusiasm.

You need to be willing to work long hours but still keep a smile on your face.

Stressful conditions are to be expected, but you need to be able to be patient and enthusiastic nonetheless.

Good social and communications skills are a must, as well as being a team player too.

Look for yachtie vacancies online and start applying.

You can also head out to a yacht marina and do some dockwalking .

This means that you will be handing out your CV to captains who're currently moored at the marina.

Chances are, there might be a vacancy on board one of the many yachts there.

You might just be in the right place at the right time.

Yachtie Job Positions

 As mentioned earlier, there's various different yachtie job positions.

Inevitably the roles and responsibilities of each differ, with each demanding vaious levels of qualifications, skills and experience.

As a result, the salary ranges also vary accordingly.

A yacht captain is one of the top positions, where the salary is often quite high.

In fact, a yacht captain earnings are well over $187,000 per annum.

The salary depends on the captain's experience as well as the size of the yacht.

Having said that, it is no easy feat to become a superyacht captain.

Such a role requires a bachelor's degree in maritime transportation, along with considerable deckhand experience.

A yacht captain is also required to undergo a security and background check, as well as take the Merchant Marine Credential exam.

The 1st officer, or the chief officer, is the second in command to the captain.

They will assist the captain in various duties and are responsible for the safety of the yacht and all passengers and crew members.

Some duties include navigation and bridge watches.

A 1st Officer will normally have started their career as a deckhand, and progressed from there.

Salaries are typically between $37,500 and $95,000 per annum, depending on the individual's experience, qualifications, and the size of the vessel.

The 2nd Officer acts as an aid to the 1st Officer.

They will be responsible for navigation monitoring, carry out bridge watches, and to keep charts and publications updated.

Salaries are generally around $42,000 per annum, although they may be higher for those who work on larger yachts.

A deckhand will launch as well as dock the yacht.

Boating experience is required, especially with regards to yacht maintenance and basic repairs.

Scuba experience is considered to be a major plus.

Deckhands are required to help guests with luggage, drive tenders as well as clean the decks.

Salaries for deckhands range between $37,500 and $51,500 per annum.

To work as a bosun one, is expected to have considerable experience as a deckhand.

This is because the bosun is essentially the line manager for all the deckhands.

One needs to demonstrate a good understanding of general deck duties, and have experience at driving guest tenders.

Salaries for bosuns range between $44,500 and $49,000 per annum for those who work on board relatively small vessels, to around $56,000 per annum for those onboard larger yachts.

The chief engineer will be responsible for the engineering department, and to ensure the safe and efficient operation of the yacht.

Their role is to oversee the proper running of the mechanical aspects of the yacht, which also includes planned maintenance and repairs.

They will also be managing other engineers in case of larger vessels.

A chief engineer will likely be paid around $52,500 per annum on a small vessel, and can earn up to $24,000 per month on 100m+ vessels.

The chief stew will be responsible for the interior of the vessel, as well as the other stews.

This position pays between $58,000 to $70,000 per annum for smaller vessels, and $60,000 to $76,000 per annum on board larger yachts.

A chief stew will inevitably have considerable experience working as a stew.

Extensive knowledge of silver service, bartending, wine presentation and service is deemed necessary in most cases.

The second and third stewardess positions will support the Chief Stewardess.

As such, salary ranges are generally good too, often between $46,000 to $66,000 per annum.

These will vary depending on the size of the yacht one works on.

A yacht chef is generally required to have at least some maritime training, as well as the STCW95 Basic Safety Training.

One is also expected to have considerable experience in working in restaurants, particularly luxurious or prestigious establishments, as well as having graduated from a recognised culinary school.

When it comes to salary ranges, yacht chefs generally make between $64,000 to $94,000 each year.

Note: above monthly salary ranges shown as a guide only at the time of publication, and may not reflect actual yacht crew salary received.

Most yachties earn a good base salary.

Moreover, they will be able to benefit from the fact that they will not spend much in terms of living expenses as they will be living on board.

Thus you'll be saving a lot of disposable income which would otherwise be spent on outgoings such as rent, food and household bills.

In many cases, yachties also benefit from tips and gratuities.

Having said that, getting tipped is more common for those yachties who work on board a charter yacht rather than those who have such a position on a private yacht.

If you're a new yachtie, you can expect to make around $2,500 per month.

Over time with more experience and more qualifications, your salary could rise in the range of $3,500 and $4,000 a month.

You'll also be pleased to learn that if you work on a yacht outside of UK waters for at least 183 days per tax year, you qualify for the Seafarers Earning Deduction .

This is a government scheme which enables you to keep 100% of your income, as you will not be required to pay tax on earnings.

 Yes, yachties can earn quite a lot from tipping.

The industry dictates that all crew have the opportunity to be tipped

However, a yachtie who works onboard a charter yacht will end up working with limited time off and for longer periods.

Hence often guests give liberal tips, although it depends on the individual.

The overall experience and attitude of the yachtie will have an impact on tips received.

Needless to say, if a guest has noted that a yachtie has gone over and above his or her work, it should lead to more generous tipping.

The Mediterranean Yacht Brokers Association has recently issued a tipping policy guideline that states that the customary tipping range for yachties is between 5% and 15%.

The way in which crew tips are shared and distributed on board a superyacht will differ from what happens on other yachts.

In most cases, the charter guests are advised to give the tips directly to the captain so that he will be able to see that they are split in a fair way between all the crew members.

However, a guest may still tip an individual member of the crew privately of course.

Working as a yachtie is undeniably a fascinating job, especially if you have the right attitude and love the idea of life at sea.

There are various roles you could apply for, and over time you can also expect career progression.

Salaries and the possibility of earning tips are also considerably good.

You can be paid more as you progress in your career over the years, and if deployed off shore for a prolonged period of time, expect to earn a tax free income!

If you have questions about a career in yachting, we want to hear from you.

Simply get in touch with us today or let us know your thoughts in the comments section below.

Disclaimer: Any advice in this publication is not intended or written by Marine Accounts to be used by a client or entity for the purpose of (i) avoiding penalties that may be imposed on any taxpayer or (ii) promoting, marketing or recommending to another party matters herein.

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If you always dreamt of a career which allowed you to travel around the world, then you may wish to consider applying to get a job on a yacht as a stewardess. Read our in-depth article to learn more about this position, salary expectations and the responsibilities of the role.

Patrick Maflin

What is STCW Basic Safety Training?

If you're considering a career in the yachting industry, gaining a STCW Basic Safety Training certificate is a must. Read our article to learn more about this course and what it entails.

ENG 1 Medical Certificate - A Guide for Seafarers

If you're planning a career yachting, having a valid ENG 1 Medical Certificate is a must to prove you are fit and healthy to work at sea. Find out more about this health certificate and how to get one.

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Yacht Crew Salaries By Position

Ever wondered what staff members aboard a luxury yacht charter make? Here’s a breakdown by position. Some may surprise you.

If you have ever binge-watched Below Deck, or daydreamed about working on a luxury yacht, you may have thought to yourself, “I wonder what they make?”. Many people across the world have jumped at the opportunity to rub elbows with the world’s elite while working aboard the most luxurious ships in the world.

If you have wondered what the salaries are for workers on a yacht, and want to take the next step toward a great mix of freedom and pay, joining a luxury yacht crew might be for you.

Crew jobs on yachts can be some of the most rewarding careers available, but they are also challenging. It is important to know what to expect when applying for a crew job. Here is a breakdown of what you can expect to find when applying for a yacht crew job.

Yacht Staff Departments

To understand the yacht crew job descriptions better, you have to understand the different departments in a yacht. These departments include:

• Deck – passage delivery, safety, outdoor guest activities, and exterior maintenance.
• Interior – guest wellbeing, housekeeping, accounting, activities.
• Engineering – smooth running of the yacht and safety.
• Galley – stock control, hygiene, food preparation, galley maintenance.

On any yacht, the captain is at the top of the hierarchy. They are responsible for reporting to the vessel’s owner via a representative or directly. Below are the job descriptions for yacht crew members in these departments.

Salaries will vary depending on the size, type, location, and use of the yacht. The crew’s experience and qualifications will also play a role in determining their salary.

Deck Department Roles

The captain’s job description includes: keeping the vessel safe and secure, ensuring that all crew members are doing their job, and reporting any safety concerns. Typically, this person will also be in charge of hiring other deck officers for specific duties. Depending on various factors, the captain could be paid $4,200 to $15,800 per month.

Although this an extremely high pay rate, it requires decades of experience typically. Being in charge of the safety of passengers, crew members and potentially a $50 million yacht is serious business!

Chief Officer/First Mate

Chief officers’ responsibilities include supervising the crew’s daily activities, maintaining duties and duties lists, and overseeing crew pay. This is also the person who will be in charge of hiring other crew members and managing the activities or watersports the guests would like to participate in. Typically, this person will make around $3,100 to $14,200 per month.

Second Mate

The second mate’s job description includes: being in charge of navigating the yacht and overseeing any repairs that may be needed. Typically, this person will make around $3,100 to $8,400 per month.

The third mate’s responsibilities include: handling deck chores and maintenance for the yacht. The salary is $2,600 to $6,300 monthly.

A bosun is in charge of safety and security, supervising diving operations and monitoring all deck equipment. They will also maintain the diving records whenever necessary. This person will make around $2,600 to $6,300 monthly.

Interior Department

A purser is responsible for hiring, training, and caring for all crew members. They are sent out to find candidates and supervise their performance in port and during sea trips. They are responsible for every operation in this department. Typical salaries go from $5,200 to $9,400 monthly.

Chief Steward

The chief steward is responsible for hiring, training, and supervising all crew members in the interior department. They will set up work schedules, determine pay scales and enforce penalties if they are not followed. Typical salaries go from $4,800 to $8,800 monthly.

The steward is in charge of the kitchen, taking orders and keeping track of all supplies. They unpack and pack the guest’s luggage and remain on standby at all times in case anything happens. Salaries go from $3,100 to $6,800 monthly.

Engineering Positions

Chief engineer.

He or she is in charge of the engine room and is responsible for ensuring it is operating smoothly. The chief engineer is responsible for providing services to all the other positions on board if needed. They will make around $6,300 to $15,600 monthly.

Second Engineer

As the second in command to the chief engineer, this person will be in charge of all engine room duties and services that need to be done. Salaries are typically around $3,200 to $10,500 per month.

ETO Officer

An ETO officer will oversee all electrical and electronic equipment, including everything from the GPS to the yacht’s peripheral devices, lighting, and communications equipment.

They will be in charge of setting up the systems, testing them during repairs, checking their functionality, and identifying any problems. Salaries are around $4,300 to $8,500 monthly.

Galley Positions

The head chef is in charge of all the food preparation and storage. All food preparation is under the direction of this chef. They are trained professionals who ensure that strict hygiene standards and food safety are maintained. Salaries go from $6,300 to $10,500 monthly.

The sous chef is in charge of food preparation and operations and preparing all menus at the direction of the head chef. They prepare, cook, and serve all food items that the guests require while on board. Salaries go from $3,700 to $8,400 monthly.

Galley Staff

There is a galley staff who works in the galley. Galley staff will be responsible for washing dishes, cooking, cleaning, serving food, and preparing daily menus. Salaries go from $2,500 to $4,300 monthly.

The Bottom Line

This article covers the yacht crew job descriptions for various jobs on the yacht and their salaries. As you plan to secure a job in the yacht crew industry, ensure you know everything you need to about the job. What will be the working hours? Will there be leaves to travel home? You must be prepared before applying for any of these jobs on a yacht charter .

One thing to note is that some ormost of these positions aren’t available on all yacht charters. This will depend on a number of factors including the numbere of guests, size of the yacht, budget of the guests and location of the yacht.

Being a member of a yacht crew is both flexible and very strict at the same time. Your level of service and professionalism are critical to ensuring the esteemed guests have an experience they expect for shelling out tens of thousands of dollars. So, expect very strict rules while on board.

To learn even more about renting a yacht in San Diego, please visit our articles page!

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Three Primary Factors Combine to Determine the Salary of a Yacht Stewardess

The primary factors that determine both the salary and the benefit package scale for the position of stewardess or steward on a yacht are:

• The Yacht Program and Length

Experience and Credentialing

Functions and responsibilities.

Salaries for stewardess or steward positions aboard yachts range from $24,000 to $108,000 annually. In addition to base salary, there are additional benefits which may be added to the salary package. Dependent on the position, those benefits may include insurances, bonuses, tips, flight expenses, paid vacation, and training costs. Because the positions of stewardess/steward position require living aboard the yacht, additional items are included - uniforms, linens, meals, and sundries.

The salary range chart below is derived from the Luxury Yacht Group database of crew placement. Base salary is cited using the industry standard of a monthly reference. Although the majority of persons working in the positions discussed are female, the responsibilities, salary and benefits would apply to both stewards and stewardesses and will be referenced as “stew” for the remainder of the article.

Yacht Program and Length

How the yacht is used by the owner is the basis for defining the yacht program. Some owners reserve the boat for personal use, other chose to charter (lease to others) the vessel. Amongst the owners who maintain the boat for personal use, time aboard varies from an occasional vacation period to regular use. Personal use can also be defined within the extremes of a circumnavigation or an annual departure from the dock to enjoy a fireworks display. Each program will require different levels of crew count.

Whether the yacht is power or sail also impacts the staffing requirement of the program. Sail yachts are frequently labelled “casual” programs. In terms of staffing that may mean shared positions like a stew/deckhand to accommodate the physical demands of sailing. Some owners also choose to de-emphasize the silver service component of a stewardess position due to the physical challenges of a heeling vessel.

Vessel length not only determines the level of staffing, it also defines accommodation for crew. Aboard smaller vessels, positions of cook/stew or deckhand/stew are frequent adaptations to cover service requirements. On super yachts, a fully staffed interior could exceed a dozen. On every vessel, a stew must be willing and able to assist with lines and fenders on deck.

Basic STCW and an ENG 1 seafarer medical certificate are requirements for any rookie stew to work on a charter yacht. As interior experience is accumulated, additional credentialing is required to move into positions with higher salary or managerial duties. Most stews are expected to serve meals and assist as necessary in the galley. Certification in food handling – which teaches storage, allergies and safety – is a good credential to enhance a resume

A junior position on a large vessel is an excellent first job to get experience. Direction from individuals with established skills and proficiency can accelerate the learning curve of a rookie. Promotion within the industry is prefaced on the detailed knowledge of interior care, fabric cleaning and maintenance. After at least a year in an entry level position, a stew may reach the level of performance required to move into a 2nd stew job and continue learning the ropes.

Five plus years of training and experience (actual time with guests aboard) would be the minimum period to establish the professional standards of a chief stew. During that period a stew should add to their knowledge of wines, cruising geography, and silver service.

A yachting veteran (10 plus years) is able to provide distinctive guest service in every encounter. Certifications in first aid and emergency response are assets to a stew. Regulatory knowledge of ISM (International Safety Management Code) and ISPS (International Ship and Port Security Code) protocols is important. The codes are complex and the consequences of violation are severe.

Proficiency at each level is determined through references. Testimonials about performance by owners, captains and managers are the basis for assessing experience.

The stew is responsible for all basic tasks of interior maintenance and guest service. The person might be acting in a solo capacity, combining the role with another position, or managing a staff. Basic requirements for any level of stew are the ability to work hard as part of a team, excellent service skills, and discretion.

An entry level or junior stew will be assigned tasks like laundry, cabin detailing, valet services, beverage restocking, inventories, polishing, meal service and bartending. As the stew is promoted managerial and accounting tasks will outweigh the hands-on tasks of maintaining the interior.

Hospitality standards are set by the chief stew who will schedule, manage and train the interior team. Once the stew has reached the level of chief, the career requires more event management skills - sourcing, décor, guest activity planning - and liaison with the galley. On some vessels, all financial management and paperwork related to the interior is done by the chief stew who reports to the captain. Multitasking and the ability to delegate are essential to success.

At all levels, understanding cultural differences in communication and being able to manage through stressful circumstances (with a smile) are key to attaining the superior service expected of a yacht stew.

The position of stew is fundamental to the guest experience. The stewardess who demonstrates skill, experience and credentialing that match the yacht program can command an annual salary and benefit package over $100,000.

• Luxury Yacht Group website
• Salary Guidelines

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.

29 Nov 2017

Yacht Captain Salary

How much does a Yacht Captain make? The average Yacht Captain salary is $110,614 as of July 29, 2024, but the salary range typically falls between $89,817 and $126,807 . Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Entertainment

The 'Below Deck' Crew Works Hard For Their Pay

It's lucky to find a well-paying career that doubles as a passion, and many people have to settle for one or the other, even reality stars. So how much does the crew of Below Deck make? They all seem to love the sea, though their salaries don't compare to those of the rich and famous people who charter their services. But being a steward or a deckhand seems like a great job. Flexible schedules, plenty of time outside, and the shot at some major tips all combine to make this a perfect career path for anyone who loves boats and can manage service with a smile.

The crew that's actually featured on Below Deck succeeds and fails to various degrees, but their profession is one that takes a certain combination of skills and makes Captain Lee's plane ticket policy totally necessary. Once you hire someone for a charter, you're stuck with them until it ends. If you've ever been worried about your performance review at work, at least be thankful that you're not marooned at sea with an angry boss. Anyway, the actual salaries vary depending on the different jobs available to the crew. But the best way to ensure that you get paid well is to provide amazing service, because that $1,000 bonus at the end of each charter is what everyone is working towards.

Yacht Captain: Lee

According to a reference guide by Luxury Yacht Group, which provides salary ranges for all yachting roles quoted here, a captain can make from $7,000 to $20,000 a month, depending on experience and the size of their yacht. The Eros is 160 feet (on the large side), while Captain Lee's Bravo bio says he has 20 years of experience, and has had his captain's license since he was 35. So he probably makes closer to that $20,000 figure.

Chief Stew: Kate

Kate, as the chief stew, takes on a significant amount of work above and beyond the normal duties of a steward. And she's had years of experience, so I'm willing to bet she maxes out LCG's estimate of $9,000 a month.

Bosun: Eddie

Back on the deck crew, a bosun will take home somewhere in the range of $3,000-$6,000 a month, which seems low compared to the amount of responsibility Eddie's taken on managing the deck crew, though he could have a unique rate due to that.

Engineer/Deckhand: Don

Don seems pretty insistent on the difference between an engineer and a deckhand, especially because he feels that an engineer usually doesn't have to listen to the bosun. Luxury Charter Group has an estimate for exactly that role, proving it must be somewhat common in the yachting community. Turns out Don is probably making between $3,000-5,000 a month.

Second Stew: Amy

As Kate's second in command, Amy, qualifies for somewhere between $2,500 and $5,000 per month, depending on her experience and what she was able to negotiate, because Amy's ability to sweet talk must make it easy for her to coax even the toughest yacht hiring service into a few dollars more.

Third Stew: Rocky

She probably makes about $2,500 per month, which could be equal to other crew members depending on where they fall in their various salary ranges.

Deckhand: Connie/Emile

Connie might be the hardest working person on the ship, and yet her estimate is $4,000 a month, based on LCG's cross section of yacht size and experience. Emile has less experience than Connie, so he's probably making closer to $2,500 per month.

Ship Chef: Leon

Leon is an incredibly experienced chef, but he hasn't been getting along with the rest of the crew because he doesn't have the same yachting experience as many of the others. But that doesn't stop him from earning up to $12,000 a month, which may explain his "F the haters" mentality so far. Let's hope that figure is enough to bring Ben back.

Basically, when a yachtie is working, for the most part they are making a good a salary. But as Below Deck has demonstrated, the hours can be very long, charters can be scarce at certain parts of the year, and getting fired can happen at any time. Build experience and work on a large boat of a challenging size, however, and you will find that the life of a charter yacht crew member can be a great way to make a living.

Images: Virginia Sherwood/Bravo (9)

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Average Medical Laboratory Scientist Salary in Nigeria (2024)

You’ve been thinking about becoming a medical laboratory scientist. It’s a rewarding career where you get to help diagnose diseases and conditions to improve patient health. But before you dive in, you probably want to know how much a medical laboratory scientist makes in Nigeria. What is the average salary and pay range? Are medical lab scientists well compensated for their important work?

This article will give you the inside scoop on medical laboratory scientist salaries in Nigeria for 2024. We’ll break down the average pay, factors that impact earnings, job outlook, and everything else you need to know about pay and benefits for this career . Whether you’re considering the field or just curious, you’ll get the full picture of medical lab scientist pay in Nigeria so you can make an informed decision.

Who is a Medical Laboratory Scientist?

A medical laboratory scientist is a healthcare professional who performs clinical laboratory tests to help detect, diagnose, and treat diseases. A medical laboratory scientist examines and analyzes body fluids, tissues, blood, and other samples to obtain information about a patient’s health.

To become a medical laboratory scientist, you need a solid educational background in life sciences and laboratory techniques. In Nigeria, you must complete a bachelor’s degree in medical laboratory science, biology, or a related field. Coursework typically includes classes in chemistry, microbiology, immunology, hematology, and molecular diagnostics. You also complete a clinical internship to gain on-the-job experience.

A medical laboratory scientist plays an integral role in the healthcare system. Physicians rely on their test results to determine effective treatment plans for their patients. A medical laboratory scientist’s accurate and timely work helps provide quality care and improve patient outcomes. They may work in hospitals , private clinics, public health facilities, or research institutions.

The job of a medical laboratory scientist is demanding yet rewarding. You get to use sophisticated laboratory equipment and your keen analytical skills to provide insights into human health and potentially make a life-saving impact.

Medical Laboratory Scientist Job Overview

Medical laboratory scientists play an important role in the healthcare system. They are responsible for conducting medical laboratory tests to detect, diagnose, monitor, and treat diseases.

The job of a medical laboratory scientist is quite diverse. They test for common health issues like diabetes or cholesterol levels or help diagnose complex diseases like cancer or genetic disorders. Some medical laboratory scientists also help match blood donors and recipients for transfusions. Within the field, you can specialize in areas like clinical chemistry, hematology, immunology, microbiology, or blood banking.

The core duties of a medical laboratory scientist include:

• Collecting and analyzing body fluid samples like blood, urine, and tissues. This involves using sophisticated biomedical instruments and techniques to detect abnormalities.
• Identifying infections and diseases by examining specimens using microscopic techniques and analyzing the results.
• Conducting chemical analyses of body fluids to determine levels of cholesterol, sugar, proteins, and other substances.
• Blood typing and cross-matching prior to blood transfusions. This is critical to ensure blood compatibility and prevent life-threatening transfusion reactions.
• Monitoring tests and quality control procedures to ensure the accuracy and reliability of results.
• Supervising and training medical laboratory technicians and assistants.
• Keeping detailed records of test procedures and results.
• Staying up-to-date with advances in laboratory equipment and testing techniques through ongoing education and training.

Work Environment

Medical laboratory scientists typically work in hospitals, clinics, and private laboratories. They spend most of their time working with sophisticated laboratory equipment and hazardous biological samples. The job can be physically demanding, requiring long hours of standing and walking. However, the work environment is usually clean and well-ventilated.

To excel as a medical laboratory scientist, you need patience, manual dexterity, and the ability to concentrate for long periods. You should also have good record-keeping skills, communication abilities, and aptitude for science and mathematics. A bachelor’s degree in medical laboratory science is typically required for this role.

Overall, a career as a medical laboratory scientist can be very rewarding. You get to play an important role in diagnosing and monitoring diseases to improve patient health outcomes. The job outlook is also quite positive due to the ongoing demand for quality healthcare and laboratory services.

Average Medical Laboratory Scientist Salary in Nigeria

As a medical laboratory scientist in Nigeria, you can expect to earn an average salary of ₦1,394,679 per year, according to Payscale. Actual salaries may vary significantly based on several factors.

Key Factors Affecting Medical Laboratory Scientist Salaries include the following:

Education and experience.

Salaries tend to be higher for medical laboratory scientists with a bachelor’s or master’s degree in medical laboratory science or a related field like biology or chemistry.

Specialization

Medical laboratory scientists who specialize in a particular area of the field, such as blood banking, chemistry, hematology, immunology, or microbiology, may be able to command a higher salary. Their specialized knowledge and skills are in high demand.

Salaries for medical laboratory scientists tend to be higher in large cities like Lagos, Abuja, Kano, and Port Harcourt.

Salaries tend to be higher when working for large hospitals, private laboratories, and pharmaceutical companies. Government and university hospitals typically pay on the lower end of the scale. Salaries in private clinics and hospitals are often more competitive to attract top talent.

Responsibilities

Taking on additional responsibilities such as supervising staff, training new technologists, or managing a laboratory facility or department can increase your salary. Senior medical laboratory scientists and laboratory managers are among the highest paid.

Overtime and Bonuses

Some employers offer overtime pay, production bonuses, and other incentives for medical laboratory scientists. This can significantly increase your total annual compensation, especially if you are willing to take on extra hours or responsibilities.

To summarize, experience, education, specialization, location, employer, responsibilities, and bonuses are significant factors that determine how much a medical laboratory scientist gets paid. Choosing a career path in an area with strong demand and opportunity for advancement can help maximize your earning potential in this field.

Job Outlook for Medical Laboratory Scientists in Nigeria

The job outlook for medical laboratory scientists in Nigeria is positive. The job outlook for medical laboratory scientists in Nigeria is positive. The healthcare sector is growing rapidly, fueled by increasing access to healthcare and medical insurance. The demand for medical laboratory services is growing with it. The number of medical laboratory scientist jobs is projected to grow by over 10% by 2024.

In summary, the job outlook for medical laboratory scientists in Nigeria looks bright due to increasing demand for healthcare services and new advanced diagnostic technologies. If you’re looking for a career with strong growth potential, medical laboratory science could be an excellent choice.

So there you have it! Now you know the average salary for a medical lab scientist in Nigeria is around ₦1,394,679 to ₦3,500,000 per year. Of course, your actual income depends on your location, experience, skills, and employer. But overall, it seems like medical lab science can be a stable, decent-paying career if you enjoy the work. Just make sure to continue building your skills and experience so you can earn at the higher end of the pay scale.

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New ministry paying staff average salary of $150k despite public sector job cuts.

The department is overseen by ACT leader David Seymour. Photo: RNZ / Samuel Rillstone

The new Ministry of Regulation is paying its staff an average salary of more than $150,000 and will eventually employ more than 90 people, new figures reveal.

That is despite the coalition pledging to slash back-office spending across the public sector and attacking the former government for creating massive bureaucracies.

The anti-red tape department is overseen by ACT leader David Seymour, who secured its creation during coalition negotiations last year.

Figures obtained by the Green Party - and first reported by The Post - reveal a median salary at the agency of $154,500, well above the public service median of $84,800 .

The mean, or average, salary is $152,034, compared to $97,200 across the wider public service.

Other documents outline the ministry's proposed structure, including three deputy chief executives earning up to $350,000 each.

Green MP Francisco Hernandez said the coalition's hypocrisy was galling given the deep cuts being felt across other parts of the public sector.

"The government has a double standard: one for its pet ministries and its pet ministers, and the other for the wider public service which is actually doing really useful things."

Hernandez said the "ideology-driven agency" was merely duplicating work and should be defunded, with the money spent instead on real frontline services, such as Oranga Tamariki or health.

Labour leader Chris Hipkins told RNZ the latest figures were "absolutely absurd" given the government's purported goals.

"Having a ridiculously large number of people being employed on over $150,000 a year when other public servants are being laid off shows what a hypocrite David Seymour is."

The Taxpayers' Union also issued a statement in response to the news, decrying "bureaucratic blob" and calling it a test of Seymour's credibility.

"This upstart ministry seems to be running in completely the wrong direction," executive director Jordan Williams said.

"Seymour needs to lead by example, and has now set himself a tough task to demonstrate value for money from his new gold-plated department."

Speaking to RNZ at Parliament on Wednesday afternoon, Seymour dismissed the "sensationalist" reporting and denied any double standard, pointing out that more than 6000 people across the public service were paid $150,000 or higher.

Of those, more than 200 people were in "tier two roles", earning between $250,000 and $350,000, Seymour said, with just three of them at his department.

Seymour said, furthermore, it was "not surprising" that a policy-focused ministry would have higher-than-average salaries.

"Let's just put in a bit of perspective here. People get very excited about 91 people."

He said the team would be taking on the $5b cost to the country of needless red tape, as highlighted in a 2015 report: "That's good value for money."

Seymour said he expected the average salary to drop as the ministry became more established and temporary roles were replaced with permanent ones.

He had previously indicated the department would be much smaller, but he said the size of the problem had since grown.

"The idea that we'd just lift 10 people out of the Treasury and 20 people out of the Productivity Commission turned out to be an underestimate of how much good we can do."

Asked by RNZ whether such salaries were appropriate, Public Service Minister Nicola Willis declined to weigh in, saying only that she would measure the agency's performance each year based on its results.

"It's important that [David Seymour] show and that ministry show that it's delivering value for money."

Ahead of the election, ACT campaigned on axing the Productivity Commission, and its 20-odd staff, and instead setting up the Ministry for Regulation.

The new department is tasked with assessing red-tape across a range of sectors and "clearing out laws that are sapping Kiwi ingenuity", Seymour has said.

Since taking office, the government has directed savings be made across ministries, agencies and departments.

RNZ has tallied a net loss of more than 6500 roles to date .

Copyright © 2024 , Radio New Zealand

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Are you ready to take control of your finances and reach financial success? It’s not as complicated as you think, even with an average salary. Becoming rich is achievable when you commit to making smart money moves and have the right financial strategies . 

In this article, we’ll discuss some of the best things you can do to grow your wealth even with an average salary .

Start Early

You’ll hear this all the time, but starting early is the best thing you can do for yourself. The sooner you start investing for retirement or open a taxable investment account, the better off you’ll be. 

The reason for this is compounding returns. If you start at age 23, you only need to save $14 per day to become a millionaire by age 67. However, if you don’t start until 40, it would require $42 per day. This is assuming your portfolio has an average annual return of 6%.

“According to the Rule of 72, should your investments yield a 10% rate of return, your principal amount is projected to double approximately every 7.2 years,” said June Jia, owner of Canny Trading and investment banker at GF Securities. “This represents a substantial accumulation of wealth over time.”

Jia discussed the importance of regular investments.

“Adopting a disciplined investment approach, such as dollar-cost averaging, can enhance the pace of wealth accumulation by consistently allocating funds to your investment portfolio.”

If you start early, you can invest small amounts of money and still build a sizeable portfolio by retirement.

Prioritize Savings

We live in a world where online influencers discuss the latest fashion trends or must-have gadgets. This can lead some people to spend more money than they might have otherwise. If you want to become rich with only a modest income, you need to prioritize savings. It’s important to have an emergency fund if you want to build wealth. This provides financial security if you lose your job or incur a large expense like a medical bill or car repair.

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Once you determine how much you can save each month, make saving automatic. You can set up a direct deposit from your paycheck or schedule automatic transfers from your checking account. Automating savings will remove the urge to use those funds for anything besides building a cash cushion.

Reduce Expenses

While it might be tempting to purchase the latest trends or eat at fancy restaurants, these expenses cause many Americans to live a paycheck-to-paycheck lifestyle. While it’s OK to eat out occasionally or treat yourself to something, make sure those purchases align with your budget.

If you’re spending $300 monthly at restaurants, reduce that amount to $150 and transfer the extra cash to your savings account or investments. If you’re spending $600 a month on groceries, look for ways to reduce that amount to $500. Finding ways to cut your spending and increase your savings or investments will allow you to accumulate wealth at a quicker pace.

Generate Multiple Income Streams

If your day job only provides an average salary, look for additional ways to make money. You could start a side hustle. Driving for Uber, walking neighborhood dogs or even starting a business can be great ways to generate additional income. 

“I started my web design agency in 2018, focusing specifically on serving coaches while juggling my role as a full-time mom to two kids under 4,” said Jennie Lakenan, website designer and strategist at JennieLakenan.com . “For about seven months, I balanced being a full-time mom and nurturing my business. Today my web design agency is thriving. I have a small team. We bring in about $500,000 per year in top-line revenue and maintain a 60% profit margin.” 

If starting a side hustle isn’t a good fit, consider taking on a second job. The combined income from both jobs can improve your finances. As you generate extra income, look to create passive income streams. You could invest in the stock market or even purchase investment properties.

Clean Up Your Credit 

Having a low credit score comes with some pitfalls. Most importantly, it’s going to make everything cost more. Lenders will view you as a risky borrower, meaning the interest rates for different loans will be higher than if you had a high credit score.

Build your credit score by paying your bills on time and keeping your credit utilization low. A higher credit score will help keep more money in your bank account over the long term.

The Bottom Line

Just because you have a career with a modest salary doesn’t mean you can’t accumulate wealth. By prioritizing savings and finding additional ways to make money, you can put yourself on a path toward becoming rich.

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Fantasy football draft cheat sheet: Top players for 2024, ranked by position

Fantasy football draft day is rapidly approaching. Whether you're in a snake draft or a salary cap (or auction) format, having a cheat sheet with all players listed by position is an essential part of your draft prep.

Here's how the players stack up for the 2024 season in a point-per-reception scoring format, according to  TheHuddle.com . Auction values (AV) are based on 12 teams and a $200 cap.

Tip:  Check out the auction values column to see how players at each position can be separated into tiers. Players with similar dollar values are often interchangeable in drafts, so be aware of where each tier ends and the next one begins.

TOP 200: Overall player rankings for 2024 fantasy drafts

DRAFT STRATEGY: How to construct a winning team this season

NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.

LISTS: All-sleeper team  |  All-bust team | All-breakout team  |  All-value team | Risk-reward team

QUARTERBACK

Running back, wide receiver, defense/special teams.

For more fantasy football news, stats and analysis, subscribe to TheHuddle.com .

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