Benchmarking shipping salaries in 2022

Benchmarking Shipping Salaries

We are pleased to announce that the 16th annual Spinnaker shore-based salary survey reports have just been sent to participating shipping companies!!

Receipt of the salary survey reports is one of the many benefits of membership to Spinnaker’s Maritime HR Association.

The Maritime HR Association was set up in 2007 by Spinnaker as a way of providing robust salary and bonus benchmarking reports to shipowners, shipmanagers and oil majors for shore-based jobs such as Technical Superintendents and Operators.

We know that using trusted salary data as part of annual salary benchmarking allows business to not only attract top talent with competitive packages but also improve retention by rewarding fairly.

88 shipping companies participated in the 2022 survey, providing data for 40,000 maritime industry professionals across 95 countries. 

As the world emerged from lockdowns and economies reopened, there were reports of skills and labour shortages and we have seen the cost-of-living increase across the globe.  As a result, the need for trusted and robust salary benchmarking data is more critical now than ever before.

We believe this to be one of the reasons that this year we welcomed 20 new members to the Maritime HR Association in 2022. 

Phil Parry, Spinnaker’s Chairman and founder of the Maritime HR Association says: “Spinnaker is proud to be able to provide participants to the survey the most reliable and comprehensive salary data in the shipping industry.” He continues, “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.”

Find out how to access the 2022 reports, take part in the 2023 survey and join the membership by contacting Helen McCaughran or Monique Turner in the business development team.

e: [email protected]

t: +44 (0) 1702 481 643 or +44 (0) 1702 481 637