Salary Benchmarking
Salary benchmarking from Spinnaker
Since 2005 Spinnaker has been providing reliable salary and wage data for shipping employers, their boards, and remuneration committees.
As secretariat to the Maritime HR Association and Seafarer Employers’ Association, and as an independent 3rd party for benchmarking P&I salaries and bespoke surveys, we are able to help shipping companies ensure they are paying their shore-based and seafaring employees fairly.
Who participates?
Over 150 shipping companies work with us, including shipowners, operators, shipmanagers, oil companies, commodity groups, shipbrokers, classification societies, ship & port agents.
Our Specialisms
Maritime HR Association
To access the shore-based salary benchmarking, companies need to sign up to the Maritime HR Association. This members ‘club’ provides salary and bonus benchmarking reports for shore-based employees in all major shipping hubs.
The reports provide information for job families including technical & marine, operations. and chartering.
Seafarer Employers’ Association
To access the seafaring wage reports, companies need to sign up to the Seafarer Employers’ Association. This members ‘club’ provides wage benchmarking reports for officers and ratings on board all major vessel types.
Cruise Plus Salary Benchmarking
To access the salary reports for hotel staff on board cruise ships, companies need to sign up for cruise plus membership. This members ‘club’ provides wage benchmarking reports for deck & engine roles on-board cruise ships as well as hotel staff.
Bespoke Benchmarking
In addition to the above Associations, we also provide bi-annual benchmarking for P&I clubs and are happy to discuss any bespoke benchmarking requirements the maritime industry may have.
Testimonials
“We have offices spread over all the world and having reliable data for each country ensures we have a consistent approach in all of our offices which is key in attracting and retaining key talent. The team is always responsive and very reliable in getting back to us.”
Lucie-Marie Gauthier – Vice-President, Talent and Communications, Fednav
“The trend report is very useful for Owners & Manager to use as a reference whilst deciding on crew nationality for the year ahead. Without a trend report, the personnel at the highest level of ship management who are decision makers would not be able to make the impact on the future planning for their company.”
V. Sundar – Director Crewing, Wah Kwong Ship Management (Hong Kong) Limited.
“Being a member of the association gives us the opportunity to have a better understanding of salaries in the shipping industry and helps us to pay fair salaries and benefits around the globe.”
Anonymous Member
“Reliable benchmarking of salary, bonus and benefits is business-critical in the modern world. Our staff need to know that we invest the time and energy to ensure that we pay fairly and competitively and that if we find ourselves out of step with the market we will address it.”
Anonymous Member
