Does Princess Yachts pay their employees well?

According to anonymously submitted Glassdoor reviews, Princess Yachts employees rate their compensation and benefits as 2.2 out of 5. Find out more about salaries and benefits at Princess Yachts. This rating has been stable over the past 12 months.

How satisfied are employees working at Princess Yachts?

29% of Princess Yachts employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Princess Yachts 3.1 out of 5 for work life balance, 2.1 for culture and values and 2.3 for career opportunities.

What are the top reviewed jobs at Princess Yachts?

Carpenter (16) , Fit-out Engineer (7) , Engineer (6) , Grp Repair (5) , Composite Laminator (4) , Laminator (4) , CAD Designer (3) , Carpenter/Joiner (3) , Designer (3) , Manufacturing Engineer (3) , Boat Builder (2) , Fiberglass Laminator (2) , Grade 7 Fit Out Engineer (2) , Grp (2) , Marine Engineer (2)

What are the pros of working at Princess Yachts according to real employee reviews?

"Good pay and possibilities to learn new skills." ((in 7 reviews)); "Great teams" ((in 5 reviews)); "Good money Overtime is well payed" ((in 4 reviews)); "colleagues were fun" ((in 4 reviews)); "Also good people to work with" ((in 4 reviews))

What are the cons of working at Princess Yachts according to real employee reviews?

"Poor management" ((in 15 reviews)); "long hours and hard work" ((in 3 reviews)); "No bonus" ((in 3 reviews))

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Princess Yachts

Princess Yachts Reviews

2.7

29% would recommend to a friend

(132 total reviews)

Antony Sheriff

20% approve of CEO

25% positive business outlook

Ratings by category

3.1

Work/Life balance

2.6

Diversity and inclusion

2.3

Career opportunities

2.2

Compensation and benefits

2.1

Culture and values

2.0

Senior management

Princess Yachts has an employee rating of 2.7 out of 5 stars, based on 132 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Princess Yachts employee rating is 22% below average for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

132 reviews

1.0

10 Sept 2024

Worst company I've ever worked for.

Carpenter/joiner

Recommend

CEO approval

Business outlook

Pros

The only pro was a three day weekend.

Cons

1. Toxic management 2. Asked to do jobs that you've never been trained for. I.e. (trained on teak decking and windows, but be expected to build a cabin on your own with no prior experience) 3. Forced overtime 4. Never any kit or materials in stock to work with, which decreases efficiency rating which ultimately leads to being sacked. 5. Lack of PPE, you are expected to use the same disposable P3 filtered dust mask for weeks before changing them. (This will cause health issues later down the line). Conclusion: This company is a joke, if you value your life and don't want to end up with health/mental health issues, stay well clear.

1.0

28 Sept 2023

Just Don't it will kill your career!

Naval architect

Recommend

CEO approval

Business outlook

Pros

Under no circumstances should you accept the job if Mr Hay, his lordship, is still present. He is utterly useless and can be likened to Caesar in terms of incompetence.

Cons

The design of the boats is a complete disaster. Everything about it is negative. From the shape to the color, it's all wrong. The proportions are off, making them look awkward and unappealing. The choice of materials is questionable, resulting in a lack of durability. The functionality is severely lacking, making them difficult to maneuver and use. It's a shame that such poor design choices were made. I strongly advise against investing in these boats. They are a prime example of what not to do when designing watercraft. Stay far away from them if you want a pleasant boating experience.

2.0

3 Apr 2017

Rudderless Ship

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Access to many technologies and potential for learning much, though not through official training, and a lot out of date. Mostly friendly staff, many long term (20 years and more). All amusingly cynical. Easy to get in - they really are scraping the barrel for staff now.

Cons

Your starting salary will NOT improve from the pittance offered. No progression available, no career development. Bonuses rigged to never apply to "office staff". Redundancies every 2 years like clockwork when sales underachieve.

Viewing 1 - 3 of 132 Reviews

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