First Ship Lease Ltd Salary

As of July 2026, the average annual salary for employees at First Ship Lease Ltd in the United States is $109,815. This translates to an approximate hourly wage of $53. Salaries at First Ship Lease Ltd typically range from $96,694 to $123,975 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Ship Lease Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at First Ship Lease Ltd. Based on our data, the highest paying job is the Manager, Risk, with an annual salary of $129,368. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at First Ship Lease Ltd

Ready for your next career move? Explore current job openings at First Ship Lease Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is First Ship Lease Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does First Ship Lease Ltd's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Coastal Bend Mooring & Marine Inc $85,797
-21.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Grenadines Corp $103,054
-6.2%
Grenadines Corp focuses strategically on recruiting and training entry-level apprentices.
DOMINION Charter Ltd $90,860
-17.3%
Typical compensation structure for smaller regional agencies like DOMINION Charter Ltd.
Premier Motor Lines Inc $113,380
+3.2%
Influenced by prevailing union wage agreements specific to Premier Motor Lines Inc's sector.
Transportation Industry $125,356
+14.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at First Ship Lease Ltd

Considering a career at First Ship Lease Ltd? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The benefits are above average, and management is transparent about company goals. The company maintains a professional atmosphere with minimal micromanagement. Regular training keeps skills sharp. The safety culture is exceptional, with weekly briefings and top-notch equipment maintenance. I’ve had a great experience working here.
The equipment is modern and well-maintained, making daily tasks more efficient. While there aren’t many standout perks, the basics like health benefits and paid time off are covered adequately. For someone looking for steady employment in transportation without excessive demands, this company provides a reasonable option. The company provides regular safety updates and invests in proper equipment....
The transportation industry is fast-paced, but the company provides the tools to succeed. Working at this transportation company has been a great experience. A supportive and dynamic workplace with great leadership. The job is consistent, and the company maintains a professional atmosphere.

First Ship Lease Ltd Overview

Website
www.firstshiplease.com
Founded In
2003
Employees
<25 employees
Industry
Transportation
Headquarter Address
730 5th Ave New York City New York NY 10019
Revenue
$5 Million - $10 Million
Phone Number
+1 2126597711
Social Media
About First Ship Lease Ltd
First Ship Lease is a commercial finance company focused on diverse shipping assets and the only leasing company in the maritime industry providing flexible and cost-effective non-tax driven products. The firm focuses on modern, high-quality assets, a majority of which will be governed by operating leases on diverse but standardized vessels that include tankers, container vessels and dry-bulk carr

What Benefits Does First Ship Lease Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Ship Lease Ltd offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at First Ship Lease Ltd.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from First Ship Lease Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of First Ship Lease Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Ship Lease Ltd

1. What is the typical salary range (low to high) for most roles at First Ship Lease Ltd?

The typical annual salary range for most roles at First Ship Lease Ltd is approximately from $96,694 to $123,975. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does First Ship Lease Ltd pay compared to Coastal Bend Mooring & Marine Inc?

The average annual salary at First Ship Lease Ltd is $109,815, or an hourly wage of $53, in comparison to Coastal Bend Mooring & Marine Inc which pays $85,797 per year or $41 per hour.

3. Do salaries differ significantly between departments at First Ship Lease Ltd?

Yes, salaries often differ between departments at First Ship Lease Ltd due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at First Ship Lease Ltd?

Experience level is a significant factor in determining salary at First Ship Lease Ltd, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from First Ship Lease Ltd in New York is fair given the local cost of living?

To determine if a salary offer from First Ship Lease Ltd in New York is fair, first compare the gross salary to our data for similar roles at First Ship Lease Ltd and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

6. What factors influence salary increases at First Ship Lease Ltd?

Salary increases at First Ship Lease Ltd are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.