Starting out as a 3rd or 4th engineer, you can expect to earn anywhere from $3,000 to $6,500 per month, and as you move up the ranks to 2nd engineer this increases from $5,000 to $8,000.
In the top position, a chief yacht engineer salary can be anywhere between $8,500 to $13,500, depending on the size of the yacht. It’s worth noting that those on charter and rotation yachts typically earn around $2,000 less than those on private vessels, so if you want the big bucks then private yacht jobs are the way forward!
Conversely, electrical engineers working on large yachts benefit the most from rotational work, typically earning between $5,000 and $8,500 per month.
There is no average yacht engineer salary, with roles varying so much from yacht to yacht, however these figures are a guideline for what you can expect to earn.