Newmont reviews

3.5

60% would recommend to a friend

(572 total reviews)

Natascha Viljoen

100% approve of CEO

59% positive business outlook

Newmont has an employee rating of 3.5 out of 5 stars, based on 572 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newmont employee rating is in line with the average (within 1 standard deviation) for employers within the Energía, minería e infraestructura pública industry (3.7 stars).

Reviews by job title

572 reviews
1.0
Dec 16, 2014
Recommend
CEO approval
Business Outlook

Pros

Compensation and bonuses were great. You could always count on leadership setting up easy targets to exceed 100 percent bonus; they really know how to line their pockets ...and those employees that still work there....all while they take the company apart piece by piece.

Cons

Since inception of SAP and new leadership in the last few years, Newmont was no longer a great place to work. For the last three years, semi-annual lay-offs, with more to come. No one is safe, except top executives and senior leaders.

2.0
Nov 26, 2014

Top heavy

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Wide variety of things to get involved with

Cons

layoffs for 3 years straight, executives rule by fear, morale is awful

2.0
Aug 10, 2011
Recommend
CEO approval
Business Outlook

Pros

This place has a Bass Akwards compensation structure. The less education you have, the more likely you are to be paid more. The less you know about mining, and the more blood ties you have with employees and contractors and vendors, the more likely you will be a manager. It's a job, but there are other companies that this place contracts work to that pay significantly better and know more about mining. Employees without college education, but who have a relative working here are at a great advantage.

Cons

At $1800 per ounce, you think this place would be making enough money to pay employees better, but apparently all of it goes into paying the contractors who are doing the same amount of work. At Newmont prepare to make 30%-60% less than if you're working with a company like SMD or Redpath (both of which pay over $100k). If you're not related to someone working in management, or one of the vendors, you'll never advance. Your best bet is to work for one of the contractors. Newmont could probably pay better if they wouldn't have wasted so much money putting the managers, and parts 100+ ,miles away from the mine sites. If the managers thought they could manage a mine 100 miles away from the mine site, why not just run it from Denver? That way they could get rid of the wasted resources in the NARO-minded building.

Viewing 22 - 24 of 572 Reviews

Glassdoor has 786 Newmont reviews submitted anonymously by Newmont employees. Read employee reviews and ratings on Glassdoor to decide if Newmont is right for you.