Shipping salaries in 2022

shipping boat in dock

The deadline for Spinnaker’s annual shore-based salary survey is fast approaching, and the Maritime HR Association team are busy collating and validating more than 32,000 lines of data provided by its members.

Yearly salary reports have become a must-have item for maritime businesses and have become more valuable than ever following the turmoil of the past 2 years.

Using trusted salary data as part of annual salary benchmarking allows business to:

  • attract top talent with competitive packages;
  • improve retention by rewarding fairly;
  • increase employee motivation;
  • stay aligned with market demand; and
  • underpin annual reviews of pay structures and levels.

This year’s shore-based salary survey is on track to be as robust and reliable as the last. In 2021 the reports reflected real time salary data for 32,000 employees from across 78 maritime employers (primarily shipowners, operators, ship managers and commodity/oil companies) in 101 countries.

“Spinnaker is proud to be able to provide participants to the survey the most reliable and comprehensive salary data in the shipping industry,” says Phil Parry, Spinnaker’s Chairman. “It’s particularly pleasing that numerous large shipping employers now habitually use the Maritime HR Association job codes as their internal terminology and use the data as their primary benchmarks for setting and reviewing salaries.”

The shore-based salary survey will soon be closing on the 15th July for 2022 and if you’d like to participate get in touch to find out how.

[email protected]
+44 (0) 1702 481 643