What Does: Provides access to the most luxurious yachts for charter around the world. It also provides information on yachts available for sale along with their features and price.
Mission: ‘to become a spearhead of environmental protection and social equity in yachting, and use our expertise and resources for positive global impact.’
Size and presence: Started with just a few team members and one office in Monaco and now has a presence in London, and Fort Lauderdale.
Best known for: providing services in luxury yacht charter, purchase, sales, new build, project coordination, and management.
The good bits: Being a yacht company, provides many career opportunities to those who are looking for something extremely interesting, fun, and yet challenging. The company has a team of more than a hundred members and still counting.
The not-so-good bits: Being one of the leading full-service yacht companies, Y.CO hires the best talent and also expects its staff to work from different locations. The yachting industry is not a career for everyone but an excellent opportunity for those who are creative, passionate, and talented.
The Yacht Company or Y.CO was founded in 2004 in Monaco with just ten team members and one office. As the years passed, it gained immense recognition and reached from ten to more than one hundred team members and one to three global offices. It has offices in Monaco, Fort Lauderdale, and the South Pole.
In 2012, the company re-branded and came up with a whole new identity and brand direction. The changes include bringing some Yellowessence to the yachting world by flying the Yellow Flag. The company has also launched software to provide greater efficiency across the yachting market.
It is now a full-service yacht company providing expert support and services like charter, purchase, sell, management, build and refit. The main charter destinations of the company include the Mediterranean, Caribbean, Americas, Asia & Oceania, and close to the Poles.
It covers destinations like East Mediterranean, West Mediterranean, Caribbean, Bahamas, North America, Central America, South America, Indian Ocean, Asia, South Pacific & Australasia, Northern Europe, and Antarctica.
With so many destinations to cover and services to provide, it offers many career opportunities to individuals looking for jobs in the Yacht building, managing, or cruising sector.
The company offers a fun working environment to its team members and the culture is all about encouraging them to perform their best. It believes that yachting is not just a job but a lifestyle and, therefore, hires candidates who are passionate about this field.
There is a diverse work culture at Y.CO as it hires candidates from different parts of the world to handle job roles in different departments. The management keeps motivating employees to be able to provide an extraordinary, once-in-a-lifetime experience to clients.
The selection process at The Yacht Company consists of multiple phases as the company looks for the best talent with good educational qualifications and technical skills. It starts with sending an application with all the necessary details regarding skills, experience, personal details, etc.
The selected applicants will be called for an interview or interviews depending on the type of role and location. Some job roles may also require having a certain set of qualifications or certifications and clearing some tests.
A job offer is provided to the right candidate and there may be a training period depending on the type of job. Finding a decent job with a yacht company with no experience requires being prepared, maintaining a positive attitude, and being passionate.
Y.CO offers several job opportunities in different departments including racing on the water, marketing, management, charter, sales, accounting, and destinations. Interested candidates can join teams like Yacht Sales Team, Yacht Charter Team, Yacht Management Team, Build & Refit Team, Creative & Marketing, and Operations.
It can be a great opportunity for those who are passionate about working with a yacht company and travelling across the world.
The average estimated salary of people working in Monaco is 4,240 EUR per month. Salaries range from 1,300 EUR to 17,900 EUR per month and it includes housing, transport, and other benefits. Apart from salaries, the employees are also rewarded with incentives and bonuses based on their monthly or annual performances.
The Yacht Company or Y.CO offers all benefits and perks to its employees that are necessary to keep them motivated. This includes excellent salaries, healthcare plans, fitness & wellness programs, medical insurance, paid holidays, vacations, transport facilities, education assistance, and more.
Y.CO is working with a greater purpose of protecting the environment with lighter footprints and a stronger community. The company takes an integrated and holistic approach to sustainability and believes in transforming an idea into a reality. It is also increasing client value through environmental and social initiatives.
The company encourages people to not just enjoy the water but also help them protect it. Moreover, the super-yachts are not just for fun purposes but also used as floating research vessels, platforms for scientific exploration, and social cohesion. The yachts are also used to help research plastic pollution on seas, bring aid to remote communities, and assist in environmental disasters.
Just like other leading yacht companies, Y.CO has also been a subject of controversy but none stopped it from delivering excellence.