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 5% over the last 12 months.

How satisfied are employees working at Richemont?

72% 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 3.6 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

3.9

72% would recommend to a friend

(730 total reviews)

Nicolas Bos

86% approve of CEO

61% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (730 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

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Disability

Parent or family caregiver

Veteran status

Richemont has an employee rating of 3.9 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

1.0

Mar 1, 2022

Old fashion culture, no transformation

Hr manager

Recommend

CEO approval

Business Outlook

Pros

Staff sales, Compensation Nice Offices and good benefits

Cons

No innovation, afraid of everything and old way to manage people based only on control

Richemont Response

4y

We are sorry to hear that you felt that your experience at within our Group did not meet your expectations. Our Maisons have a long history of creating everlasting emotions. Recognising that many of our most important assets have been in existence for over a century, the Group is managed with the objective of continuing to create value for the long term for the benefits of all stakeholders. This long-term success is attributed to our constant innovation and quest for excellence. Today we continue this by expanding the limits of creativity through our entrepreneurial spirit, empowering you and your colleagues to push boundaries and craft the future.

5.0

Feb 24, 2022

Good Company

Technician

Recommend

CEO approval

Business Outlook

Pros

Great Company, nice people, organized, great supervisors.

Cons

Lack of opportunities, mandatory overtime, Management

Richemont Response

4y

We are glad that you appreciate 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.

3.0

Feb 16, 2022

Experience

Operations supervisor

Recommend

CEO approval

Business Outlook

Pros

above average vacation time, personal time opportunity for advancement slow paced

Cons

not proactive during peak seasons more emphasis on training Leadership not holding associates accountable results in poor moral

Richemont Response

4y

Thank you for your honest and complete review. We are pleased to see that you enjoyed the benefits and opportunities that we offer. We are sorry to hear that you felt your experience with our leadership teams was not up to your expectations. Our aim is to build strong, people-centric leaders that listen and develop their teams. That’s why we embrace a culture of regular feedback and people development.

Viewing 331 - 333 of 730 Reviews

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Good Company

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