As we come to the end of the first quarter of 2024, Quay Crew has enjoyed one of its busiest periods ever in the superyacht jobs market!
There was a 27% increase in candidate registrations, 13% more placements made and a 10% rise in the average monthly salary across the board, now sitting at €5,869.
Permanent jobs were more prevalent this quarter, making up 9 out of 10 placements compared to 78% in Q4 2023. Senior superyacht jobs jumped from 22.5% to over a third too, which is reflective in the salary.
In terms of size, exactly half of the placements were onboard 60-79m superyachts, with 90m+ vessels accounting for a further 30%.
This quarter, the percentage split of jobs across all departments remained indifferent again, aside from engineering, which saw a decline in crew turnover, but an impressive 25% increase in average monthly salary.
There was also a slight increase in interior/galley superyacht jobs, up from 38% to 42%, and a 10% rise in average salaries. But it was the Captain salaries that saw the biggest jump, from €9,293 to €14,807 pcm.
The average monthly salaries by department were as follows:
- Deck – €4,387
- Engineering – €8,479
- Interior – €5,423
- Shoreside – €6,154
Full time roles were more common this quarter, with the number of superyacht jobs offering less than 45 days leave rising from 1.5% to 10%. There was minimal change to all other leave packages.
With a third more jobs coming in this quarter, it’s been incredibly busy. The demand for crew with secondary skills remains a priority for yachts, and there’s been more movement in the Officer and Captain markets too.
From a client perspective, we’re seeing an increased awareness of crew wellbeing too, with more yachts looking at how they can create a better onboard culture and attract and retain the best candidates.
In the land-based yachting, maritime and private household sectors, we are also experiencing a high demand, which is now being facilitated by dedicated desks. If you require yacht sector professionals or domestic staff, please get in touch.
Register as a candidate with us here or contact our team if you are currently recruiting.
