Does Richemont pay their employees well?

According to anonymously submitted Glassdoor reviews, Richemont employees rate their compensation and benefits as 3.8 out of 5. Find out more about salaries and benefits at Richemont. This rating has decreased by 6% over the last 12 months.

How satisfied are employees working at Richemont?

71% of Richemont employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Richemont 3.6 out of 5 for work life balance, 3.7 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Richemont?

Intern (36) , Brand Ambassador (28) , Project Manager (25) , Manager (23) , Watchmaker (22) , Internship (18) , Sales Associate (15) , Chef De Projet (13) , Marketing (12) , Stagiaire (11) , Administrative Assistant (10) , Analyst (10) , Assistant Manager (9) , Business Analyst (9) , Financial Controller (8)

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

"The Benefits are good." ((in 72 reviews)); "Great people and collaborative across all functions." ((in 40 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "good work/life balance and nothing" ((in 26 reviews)); "great team and very international" ((in 26 reviews))

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

"Bad management and hard to move up" ((in 44 reviews)); "low salary and little bit of tense atmosphere" ((in 40 reviews)); "Career progression not based on merit but rather strategic association." ((in 11 reviews)); "no training and you either sink or swim" ((in 10 reviews)); "My honest review is that this company has potential in the middle east but is ruined by the racist and cold approach all the top managers and directors have towards new hires, asians, and middle easterns." ((in 9 reviews))

Richemont reviews

3.8

71% would recommend to a friend

(730 total reviews)

Nicolas Bos

83% approve of CEO

61% positive business outlook

Ratings by demographic groups

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Richemont has an employee rating of 3.8 out of 5 stars, based on 730 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Richemont employee rating is in line with the average (within 1 standard deviation) for employers within the Ventas al mayoreo y al menudeo industry (3.5 stars).

Reviews by job title

730 reviews

4.0

Mar 14, 2022

Interesting projects & ability to grow fast

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Fast-paced environment and opportunities to work on very interesting projects in a constantly evolving sector - Overall work environment is very good (access to a gym, delicious restaurant -> the Bellevue site is amazing, discount offered on products) - Quite a lot of work has been done to offer good learning possibilities (e-learning platform, access to Linkedin learnings)

Cons

- A lot of internal processes (proper to all multi like Richemont) which make the progress on projects a bit tiresome - High management is a bit old school, closed to fexible work and are reluctant on offering extensive WFH - Salary / bonus evolution is mediocre compared to competitors

Richemont Response

4y

Thank you for your extensive review. We are glad that you enjoy the benefits and learning opportunities that we offer. However, we are sorry to hear that you feel that our internal work processes did not meet your expectations. As a large, global company, we have corporate frameworks and processes in place that are designed to support you. We continuously strive to create a culture where you can do your best work, while achieving your professional and personal ambitions. We aim to provide a people-centric Group rooted in shared values for you and your colleagues.

5.0

Mar 14, 2022

Excellent review

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great company with amazing benefits and great service and respect towards employees

Cons

Would be good to mix more between services and brands.

Richemont Response

4y

We are pleased to see that you enjoyed working with us. Our mission is to craft the future by nurturing the distinctive craftsmanship, innovative spirit and creative inspiration of Maisons and our people. It means that we work together to continuously to create long term value for all our stakeholders.

3.0

Mar 11, 2022

.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Amazing people, great atmosphere and office

Cons

Boring, no growth opportunities , Very small team

Richemont Response

4y

We are glad that you appreciated our family-spirited Group. At Richemont, we will always strive to foster a culture of entrepreneurship, respect and courage, underpinned by an ‘esprit de corps’. Success is achieved together, in an ethical and sustainable manner, with emphasis placed on the camaraderie between colleagues, and the fun that each derives along the way. However, we are sorry to hear that you felt that your career progression did not meet your expectations during your time with us. We are committed to the development and growth of all our people, and we aim to create an environment where you can take ownership of your career development.

Viewing 325 - 327 of 730 Reviews

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Interesting projects & ability to grow fast

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