Full Time Captain Compensation --- 50 - 60' Yacht in St. Thomas

Not sure about the annual salary for a job like this, but whatever you do make sure they have skin in the game. By this I mean, tie the compensation to the amount of trips they do. Make it worth while for them to drum up business and get trips booked.
If not, they will find many excuses not to do trips while cashing your checks!

I can contact a friend in BVI can help you for that, he doing yacht charter in Tortola

Hugues

I just made him email but you can contact him directly Luka Timeless Yaching. I know he's now in vacation in Europe, we now in BVI with our boat wonderful place and good timing not boat at this period

May be see you one day somewhere in caribbean

Hugues

I would pay the Captain something like a standard salary, say $1k per foot per year plus living expenses if he lives aboard, and then a bonus for each day there are charter guests on board like $100 per day. Keep in mind you're also going to need a mate or stewardess that can help with the lines with charter guests on board.

I think it s a good plan. On the 70'i used to run I would bill the owner by the day for maintenance and owners trip and we d get 20% of the charter fees for charter work (both of us) It worked out pretty good. Do you need this kind of incentive? Not sure. The charter tips are a good incentive anyway...

I do chart trips from Puerto Banus, Spain for the season (June - August) on a Ferretti 80. I agree with Capt J but depending on the number of guests you might need extra help to serve them (food/drinks). But the bonus has to be base on the number of guests or just tips. You might leave it open to negotiation as you both go about...

Yes, but you cannot depend on tips. You can provide some idiot charter guests impeccable service, and they will never tip because they don't know any better.

Ain't that the truth. I have chated with a Captain on a large yacht in the Med this summer who had a very HNWI onboard who would be known to many who said he and his family had the best time ever and left without leaving a cent gratuity.

I look at the average... Yes there are a few guests tip the bare minimum even though they ahd a great time or we had to go beyond the "regular" service but there are some who tip well over 20%. I think over the years we have averaged around 20% so I don't loose sleep over the few cheapos.

The charter service we used before purchasing made it very clear tips were expected and, if anyone objected, they'd just increase the price a little. If someone got a reputation for not tipping, they didn't go on a black list, but a very grey one.

Actually some brokers don't and end up on captains grey lists... The two worst tips we ever got were thru the same broker.

Bottom line is that in a charter operation it s reasonable to assume will get tips where figuring out salaries and bonuses

I know this boat is 15ft bigger than the one in this thread but this just popped up in a FB Gp someone showed me. Looking for local to South Florida Captain/Engineer for a 75 foot motor yacht as an only permanent crew. Please only apply if you are experienced in engineering, local to South Florida and currently do reside around Fort Lauderdale. Salary is $4,000 a month. Please specify that you are applying for a job # 617-C/8.

It does not seem like a $1000 per foot per year to me

That is really sad. On the salary guides and charts I have, that is listed as the lower end of a Captain on a 60 to 100' boat, with the range shown as $4k to $8k. It's also in range for an unlicensed engineer. I don't know a captain or engineer who would consider that rate. Now, perhaps there are some gold clad benefits that come along with the salary, but somehow I doubt it. Where did you see that ad?