How Much Do You Really Make Working on a Yacht?

If you’re considering a career in yachting, one of the first questions you’ll probably ask is: How much money can I actually make? The short answer — it depends. The long answer? It can be life-changing. Let’s break down what you can realistically expect to earn, what’s included, and how yachting stacks up as a financial opportunity.

Base Salaries by Position

Crew salaries vary depending on the size of the yacht, its program (private vs. charter), your experience, and your certifications. Here’s a general guide for monthly base salaries (in euros):

• Deckhand: €2,200–€3,000

• Stewardess: €2,200–€3,000

• Chef: €3,000–€6,000+

• Bosun/Lead Deckhand: €3,000–€4,500

• Engineer (Junior): €3,000–€5,000

• Chief Stewardess: €4,000–€6,000

• First Officer: €5,000–€8,000

• Captain: €7,000–€20,000+

These figures are just a baseline. Yachts over 50m typically pay more, and certain nationalities or skill sets might receive additional consideration.

Charter Tips: The Game-Changer

If you’re working on a charter yacht, tips can massively boost your income.

Tips usually range from 5% to 15% of the charter fee, split equally among the crew. That means you could walk away from a one-week charter with €1,000 to €3,000+ in hand, on top of your salary.

Busy charter boats with back-to-back bookings can mean €10,000 to €20,000+ in annual tips, even for junior crew. For many, This is where the real earning happens.

Private Yachts vs. Charter Yachts

• Charter yachts tend to offer more in tips but also mean longer guest periods and more intense workdays.

• Private yachts often have steadier schedules, less pressure, and better work-life balance — but no tips.

• Some hybrid programs offer the best of both worlds.

  
  

No Rent. No Bills. No Commute.

One of the most underrated perks of yachting is what you don’t spend money on.

• Accommodation? Covered.

• Food and drinks? Included.

• Uniforms, laundry, toiletries? Usually provided.

• Transport? You’re already on board.

  
  

Many crew members save 80–90% of their income, especially if they don’t have financial commitments back home. In just one year, you can build serious savings — or fund long-term travel, education, or your next move.

Hidden Benefits and Bonuses

• Flights paid to and from the boat at the start and end of contract

• Paid vacation — typically 30–60 days per year

• 13th-month bonus on some yachts

• Training paid for (STCW, ENG1, additional tickets)

• Health insurance — often international and comprehensive

  
  

What to Watch Out For

Not every job pays well, and some boats will try to undercut. Do your research. Talk to crew agencies. Know your worth.

Also note: Salaries are often tax-free depending on your nationality, residency, and time spent offshore — but it’s your responsibility to stay compliant with your own country’s tax rules.

Can You Really Make a Living?

Yes. Many junior crew earn €30,000–€40,000+ in their first year, with most of it saved. Experienced crew can double or triple that. Some even buy homes, start businesses, or invest — all thanks to a few years at sea.

It’s not just a job — it’s a financial reset.

Final Thoughts

If you’re hard-working, professional, and willing to embrace the yacht lifestyle, the rewards go far beyond the pay packet. The industry isn’t for everyone — but for the right people, it offers one of the best earning-to-lifestyle ratios out there.

Curious how to get started? Book a free discovery call to see how Maiden Voyage can help you break into the industry and start building your career — and income — at sea.