Princess Yachts

A luxury yacht manufacturer, established in 1965 in Plymouth, England. They specialize in motor yachts ranging from 40 to 95 feet, known for their blend of traditional craftsmanship and cutting-edge technology. Princess Yachts has a global reputation for design, engineering, and manufacturing excellence.

 

Years awarded: 2020, 2025
Region: South West
Size: 1000+ employees
Sector: Manufacturing

Princess Yachts website 🡕
IBM UK Ltd
2023 Award

Crafting a future workforce through world-class apprenticeships

Themes: Apprenticeships

Topics: Bespoke trainingCraft skills

Princess Yachts continues to lead in preserving traditional marine craftsmanship through its high-impact apprenticeship scheme. With 138 apprentices trained since 2021 and plans to double its intake, the programme supports business growth and skills retention. Realistic mock-up cabins, VR welding and site rotations enhance learning. Apprentices are 60–80% productive by year four, with attrition down to 5%, securing Princess Yacht’s legacy of bespoke yacht building.

2020 Award

Positioning apprenticeships as a viable career choice

Theme: ApprenticeshipsTalent pipeline / Career pathways

This organisation which builds luxury yachts has invested in its apprenticeship programme to ensure that it has a strong talent pipeline in place. Apprenticeships are open to employees of any age, 10% of managers are former apprentices and getting an apprenticeship with Princess Yachts is viewed as an attractive career opportunity in the region.

News and case studies featuring Princess Yachts:

PRTA virtual event photo
Awards news

Celebrating the Award class of 2020

On 15 December, we celebrated the innovative training and development successes of the 43 recipients who achieved a Princess Royal Training Award in 2020. By necessity the ceremony was a little different this year. Whilst it needed to take place virtually rather...

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