RCL Stockholders - Non-Monetary Benefits

[TTraub1250]

As a stockholder I believe we have earned non-monetary benefits, and ask the question what would you want before sailing, during sailing, and after the cruise ? 

Before: 1. RCL planner that is at the highest level in customer service and respect.  2. Top priority boarding and handling of baggage to the room. 

During the cruise:  1. Concierge service:  2. Reserved seating at events. 3. Dinner with Captain 

After the cruise:  Top priority departure 

In general the same benefits that do not cost the company money,  that a Crown & Anchor member who is a Pinnacle level has earned. 

[RFerrington]

Good luck with this....

[Merion_Mom]

 Owners of a company's stock are entitled to NOTHING but the shares and any dividends that the company may pay.

 

Is it nice that on some occasions you can get OBC for being a Royal Caribbean shareholder?  Yes.

 

Are you ENTITLED to it?  No.

 

If I own Ford stock, do I get a discount on a car?  If I own Apple stock, do I get a discount on a phone?  If I own BP stock, do I get a discount at the pump?  

 

Seriously, people.

[Paulxyz2004]

53 minutes ago, TTraub1250 said:

As a stockholder I believe we have earned non-monetary benefits, and ask the question what would you want before sailing, during sailing, and after the cruise ? 

Before: 1. RCL planner that is at the highest level in customer service and respect.  2. Top priority boarding and handling of baggage to the room. 

During the cruise:  1. Concierge service:  2. Reserved seating at events. 3. Dinner with Captain 

After the cruise:  Top priority departure 

In general the same benefits that do not cost the company money,  that a Crown & Anchor member who is a Pinnacle level has earned. 

 

Let´s see, as none of these non-monetary benefits are given, I´d say RCCL and the majority of stockholders don´t believe you have earned those.

But as a stockholder you are free to go to the annual shareholder meeting and suggest this.

Tell us how it goes and how many of the shareholders are voting for your suggestion.😂

Oh just for the record, this shareholder will vote "NO".

[Biker19]

Worry about the monetary benefits.

[Paulxyz2004]

2 minutes ago, Biker19 said:

Worry about the monetary benefits.

 

Absolutely!!! Owning shares is a financial investment and it´s in the best interest of any shareholder to have the company being prosperous, get dividends paid and have the stock price go up.

All of this comes with success of the company and for sure any preference given to a stockholder over a regular customer would not help with the task.

[TTraub1250]

Discounts on cruises, cars, and phones are "monetary benefits"  and this subject is non-monetary benefits!!!  The benefits suggested are benefits given already to customers.  If a company treats you more like an owner are you willing to buy more stock ?  Being treated like an "owner" that does not cost the company any additional money,  and does not take away from customer's, would you then be more likely to improve owner's who are customers and their service ? Who else to buy more stock than a current stock holder !  Does buying more stock increase the value of the company ?  Yes !  For those of you who have a negative outlook on this, talk with some stock holders of the competition and see what non-monetary benefits they get!  Don' take my word for it. 

[ZoeyVictoria]

So, for a one-time expense of roughly $10,500, you would/should get the same or better “non/monetary benefits” than those who have paid for a suite or those who have shown loyalty by taking many cruises at a cost much higher than $10,500?  Plus dinner with the Captain?  All of this every time you cruise?  In addition to the monetary benefits?  I just don’t get it.

 

If enough people qualify for priority treatment, who will be left for them to have priority over?  Life doesn’t guarantee participation trophies.

Edited November 5, 2018 by ZoeyVictoria

[Ocean Boy]

1 hour ago, Merion_Mom said:

 Owners of a company's stock are entitled to NOTHING but the shares and any dividends that the company may pay.

 

Is it nice that on some occasions you can get OBC for being a Royal Caribbean shareholder?  Yes.

 

Are you ENTITLED to it?  No.

 

If I own Ford stock, do I get a discount on a car?  If I own Apple stock, do I get a discount on a phone?  If I own BP stock, do I get a discount at the pump?  

 

Seriously, people.

The word should have been person. 😉

[frank808]

1 hour ago, TTraub1250 said:

Discounts on cruises, cars, and phones are "monetary benefits"  and this subject is non-monetary benefits!!!  The benefits suggested are benefits given already to customers.  If a company treats you more like an owner are you willing to buy more stock ?  Being treated like an "owner" that does not cost the company any additional money,  and does not take away from customer's, would you then be more likely to improve owner's who are customers and their service ? Who else to buy more stock than a current stock holder !  Does buying more stock increase the value of the company ?  Yes !  For those of you who have a negative outlook on this, talk with some stock holders of the competition and see what non-monetary benefits they get!  Don' take my word for it. 

If everyone is given these non monetary benefits that exist in the suite class that royal is selling.  Who would be willing to pay for the experience when experience becomes so diluted?

 

FYI I buy stock because i believe the company will most importantly be a good ROI. If we already get the benefits you suggested by being shareholders, what would the purpose be to buy more shares if not for ROI?  

[Baron Barracuda]

 

2 hours ago, Merion_Mom said:

 Owners of a company's stock are entitled to NOTHING but the shares and any dividends that the company may pay.

 

Is it nice that on some occasions you can get OBC for being a Royal Caribbean shareholder?  Yes.

 

Are you ENTITLED to it?  No.

 

If I own Ford stock, do I get a discount on a car?  If I own Apple stock, do I get a discount on a phone?  If I own BP stock, do I get a discount at the pump?  

 

Seriously, people.

 

Seriously, yes.  Stockholders do get a discount on a Ford car.  In fact many companies give percs to stockholders. 

 

https://www.nasdaq.com/article/11-hidden-perks-of-owning-stocks-cm546450

 

Don't understand why this crowd of socialists thinks customer and employee discounts are fine,  but no benefits for ownership.  Companies love to have lots of small shareholders.  They form a stable base of long term investors who are usually customers as well.

 

 

 

 

Why 

Edited November 5, 2018 by Baron Barracuda

[TTraub1250]

frank808... Your point is well taken on buying stock that is a good ROI....  All things being equal, many stockholders lean towards companies that have great Investor & Customer Relationship Management.  Companies are always looking for ways to improve investor & customer relationships.  Just look at the budget for "corporate social responsibility" of RCL.  It improves the relationship with investors, customers and employees.  Ships when in port will: 1. Host local students for ship tours, lunch, and give them small bags of "handouts" 2. Crew members will do clean ups on beaches and repairs to areas in that port.  There are so many of these corporate social responsibilities the cruise ships do that cost $ millions of dollars a year, and I as a stock holder applaud these.  So when I talk of "non-monetary" benefits to improve relationships with stock holders those of us who have been part of corporate strategy sessions are doing two things - 1. Benchmarking the competition.  2. Looking at ways to improve relationships with with customers, employees and stockholders and not always in that order that are non-monetary in addition to the monetary benefits given.  Organizational Behavior experts tell us a majority of people are not driven solely by monetary benefits and Disney is always trying to give the customer that "WOW" factor without great costs!  

[Merion_Mom]

42 minutes ago, Baron Barracuda said:

 

 

Seriously, yes.  Stockholders do get a discount on a Ford car.  In fact many companies give percs to stockholders. 

 

https://www.nasdaq.com/article/11-hidden-perks-of-owning-stocks-cm546450

 

Don't understand why this crowd of socialists thinks customer and employee discounts are fine,  but no benefits for ownership.  Companies love to have lots of small shareholders.  They form a stable base of long term investors who are usually customers as well.

 

 

 

 

Why 

 

Interesting article.  I am assuming that you read it.

 

It lists 11 companies that offer "perks".  (out of thousands of companies that issue stock)

 

One of those is Royal Caribbean!  😄  Another is Carnival.  

 

Berkshire Hathaway.  The perk is being able to attend the annual stockholders' meeting?  That's true of all companies.  And why is this a perk, anyway?

 

Company store?  Not terribly convenient for the vast majority of people.  (IBM, Rubbermaid)

 

McDonalds.  Free French fries?  REALLY?  The perk is FREE FRENCH FRIES?!?!?!?

 

The hoops you have to jump through for Ford sound worse than RC.  And with the constant sales they have, that pricing doesn't sound like such a deal.  (sounds more and more like RC  😉 )

 

 

 

 

[John&LaLa]

Royal is now doing Some of this for $24.99 pppd.

 

The Key is available on Oasis and Liberty as a trial.

Edited November 5, 2018 by John&LaLa

[Host Star]

wish they had used Harmony as a trial 🙂

[Baron Barracuda]

3 hours ago, Merion_Mom said:

 

Interesting article.  I am assuming that you read it.

 

It lists 11 companies that offer "perks".  (out of thousands of companies that issue stock)

 

One of those is Royal Caribbean!  😄  Another is Carnival.  

 

Berkshire Hathaway.  The perk is being able to attend the annual stockholders' meeting?  That's true of all companies.  And why is this a perk, anyway?

 

Company store?  Not terribly convenient for the vast majority of people.  (IBM, Rubbermaid)

 

McDonalds.  Free French fries?  REALLY?  The perk is FREE FRENCH FRIES?!?!?!?

 

The hoops you have to jump through for Ford sound worse than RC.  And with the constant sales they have, that pricing doesn't sound like such a deal.  (sounds more and more like RC  😉 )

 

 

 

 

The list is not all-inclusive, it merely cites examples.  Attached it because you cited Ford.  Had you read the Berkshire Hathaway section more closely you'd have seen that shareholders receive an 8% discount on their Geico policies. Not too shabby.  Personally own several other companies that offer some type of shareholder reward.    

 

Agree with op that first responsibility of any company is to ownership.  Nothing wrong with little percs to keep them happy.  Believe his suggestions are a bit unrealistic though.  Just wish the current shareholder benefit wasn't so restrictive as to be almost useless.  

[Ourusualbeach]

This sums it up.

 

 

[TTraub1250]

Gotta love the humor " When Pigs Fly" !   

After several private notes, I decided to post a response that includes answers to several questions.

1. Corporate Social Responsibility (CSR) is on the balance sheet.  The strategy of CSR is to enhance another balance sheet item called "Good Will" which is measured in real $ and does enhance the net worth of the company !  Higher net worth = higher stock price = more cash to invest in capital, which this industry is very capital intensive. 

2.  Yes Corporate Boards & Board Committee's do spend time on CSR and they watch the account labeled "Good Will", which has specific GAAP and SEC rules to it.  I am not an expert on "Good Will" but look at balance sheet line items for trends to determine if a company is a good ROI. 

3.  Stockholders can be a quiet bunch, but when you get an activist that has a significant position, and rally's the smaller stockholders, this will keep a CEO and CFO up at night !   There are several CEOs today that have seen pigs fly.  The past CEO of 
Wells Fargo let the culture get away from him, it is costing 100s of millions of $, and 5400 employees their jobs.  CEO's job: Happy Shareholders, Happy Customers, Happy Employees.  Read the corporate mission statement of many companies. 

[GUT2407]

7 hours ago, Merion_Mom said:

 Owners of a company's stock are entitled to NOTHING but the shares and any dividends that the company may pay.

 

Is it nice that on some occasions you can get OBC for being a Royal Caribbean shareholder?  Yes.

 

Are you ENTITLED to it?  No.

 

If I own Ford stock, do I get a discount on a car?  If I own Apple stock, do I get a discount on a phone?  If I own BP stock, do I get a discount at the pump?  

 

Seriously, people.

Actually some companies do give discounts to those that own shares.

[MrBacardi5]

34 minutes ago, GUT2407 said:

Actually some companies do give discounts to those that own shares.

My only complaint with the shareholder benefit is that it is not combinable with other OBC built into the cruise fare. What does one have to do with the other? NCL does not do that. 

[jcc1025]

On ‎11‎/‎5‎/‎2018 at 8:05 AM, TTraub1250 said:

As a stockholder I believe we have earned non-monetary benefits, and ask the question what would you want before sailing, during sailing, and after the cruise ? 

Before: 1. RCL planner that is at the highest level in customer service and respect.  2. Top priority boarding and handling of baggage to the room. 

During the cruise:  1. Concierge service:  2. Reserved seating at events. 3. Dinner with Captain 

After the cruise:  Top priority departure 

In general the same benefits that do not cost the company money,  that a Crown & Anchor member who is a Pinnacle level has earned. 

At what level of ownership would this come into play in your opinion. 10 shares? 1,000 shares? I own the stock for the investment performance but think that your benefit level would need to be appropriate for you sailing benefit to match Pinnacle level and the amount of money that those none shareholder people have paid to reach that level. If you don't make it match the cost of reaching Pinnacle and the stock ownership was too low there were be no incentive to reach the increased Crown and Anchor levels. 

[TTraub1250]

jcc1025..  Like your thoughts .. 10 shares way to little... not sure where this would kick in 500 to 5000 shares, and would not want to be "technical" on this, as your point is well taken.  Yes stock should be owned for investment performance, not an emotional reason.  Lots of stocks are owned for emotional reasons, or because they were given. Even sailing on all 3 of RCL's lines, that still leaves a lot of the world to see on the bucket list,  and not from a ship.  Buying the stock shows greater confidence in the  company and management, then just sailing on the ship.  Driving the stock $ higher buy buying stock vs those that sail on the ship to increase profits.... lots of debate on which one ranks higher... and yes you can not have one without the other... or can you ?  

[Covepointcruiser]

My one complaint with the stockholders benefit is you never receive it or have to fight to receive it.    We are on a transatlantic with no perks.   We asked for the $250 OBC.   They stated we were sailing with a $165 OBC.   We wrote them and said we would rather have $250 than $165.   Still awaiting an answer but we still have only $165.

 

In contrast, with Carnival stock, you always receive $250 regardless of the promotion on any of their lines.   We have received it on Cunard, Holland American, Windstar and Seabourn.

[Calif. Cruisers]

Although I am happy with the increased value of my shares over time, I am disappointed with the onboard shareholder perk in relation to other stocks for cruise lines.  We have never benefited from the shareholder passenger perks because we always have some other OBC.  Other companies give you SOMETHING, and often combine other OBC.  Why, because almost everyone gets some sort of OBC or other promotion when booking.  The benefit of even having a shareholder perk should be that you get something above what every other person would get IMHO.  I don't know the solution, as RCL doesn't seem to think it is an issue.  After several tries at redeeming this, I think I am satisfied with the gains from my stock and will just sell it and move on.  I rather not have the stock rather than continue to be disappointed that there is really NO shareholder benefit that I will ever be able to take advantage of.

[MrBacardi5]

12 hours ago, Covepointcruiser said:

My one complaint with the stockholders benefit is you never receive it or have to fight to receive it.    We are on a transatlantic with no perks.   We asked for the $250 OBC.   They stated we were sailing with a $165 OBC.   We wrote them and said we would rather have $250 than $165.   Still awaiting an answer but we still have only $165.

 

In contrast, with Carnival stock, you always receive $250 regardless of the promotion on any of their lines.   We have received it on Cunard, Holland American, Windstar and Seabourn.

You should get the difference between what onboard you have and the $250 you get as a shareholder. Last time I sailed I was right up front with them when I sent my form in. They immediately upped it from the $50 I had to $100