Technical vs. Marine – who earns more?
Spinnaker’s Maritime HR Association released its market analysis research earlier this month for the technical & marine job family. The report looks at the comparison of salaries by location and seniority of roles such as technical superintendent and HSEQ officers.
The Maritime HR Association reports are made up of data from over 100 shipping companies and over 55,000 individual salaries.
Our data shows that around 8% of technical and marine roles are based in Hong Kong which is the fourth largest percentage worldwide with the highest median base salaries paid to technical employees. Only at Junior / Trainee (SM00) level is Hong Kong overtaken by Norway. In 2023, Norway-based technical juniors received the highest median base salaries.
By contrast, marine Professionals (SM01(A)) and Senior Professionals (SM02(A)) enjoy the highest median base salaries in the USA.
Although technical base salaries outperform marine, the opposite is true for bonuses at Professional (SM01), Senior Professional (SM02), and Manager (SM03) level where marine bonuses are higher.
Technical Managers (SM03(B)) working in the container industry received the highest bonuses when compared to other vessel types.
At all reportable levels, Oil Major / Commodity and Mining groups pay the highest base salaries and total compensation packages.
Indian nationals make up 31% of incumbents overall which is not surprising given 17% of all technical and marine roles are located in India.
Almost identical to last year, 86% of incumbents working in the technical and marine job family are male, compared to 14% female. This is definitely one of the most male-dominated job families we have reported this year.
On the bright side, however, we can account for just over the half (51%) of junior employees being females which gives the chance in the future for more women to progress into senior technical and marine roles.
A positive shift has already been made this year with 2% more women in Head of / Director (SM04) positions compared to 2022 – although the overall female presence in this role is still 5% against 95% male.
Article written by Daryna Rozum, Reward Consultant, Spinnaker.
Members of Spinnaker’s Maritime HR Association are entitled to receive detailed analysis, such as this, as part of their membership package.
Find out more about joining the association on the website.