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Salary Benchmarking Reports

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Maritime salary and wage reports

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, Spinnaker 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.

Specialisms

Shore-based salary reports

To access the shore-based salary reports, 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 globally.

Seafarer wage cost reports

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 salary reports

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.

P&I salary reports

Spinnaker also provide bi-annual benchmarking for P&I clubs and are happy to discuss any bespoke benchmarking requirements the maritime industry may need. We are happy to discuss any needs you may have.

Speak to our Business Development Team

Helen McCaughran

Marketing & Business Development Manager

+44 (0)1702 481643

Monique Turner

Senior Business Development Consultant

+44 (0)1702 481637

As a long-time client of Spinnaker, we have found the reports invaluable for our Seafarers’ annual pay adjustments. The data is very insightful, helping us to make weighted decisions regarding the salaries in order to maintain balance between cost and Seafarers’ retention rate. I would highly recommend Spinnaker’s reports to other organizations in the maritime industry.

Capt. Alexandros Serpanos
Fleet Personnel Manager, Anglo-Eastern Ship Management (Hellas) Ltd

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