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 73 reviews)); "Pays well and people are nice" ((in 40 reviews)); "Nice colleagues with balanced work and life" ((in 37 reviews)); "Good staff welfare and culture" ((in 31 reviews)); "great team and very international" ((in 30 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 42 reviews)); "no training and you either sink or swim" ((in 13 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 12 reviews)); "Career progression not based on merit but rather strategic association." ((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

Sexual orientation

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

5.0

Feb 14, 2022

Great company to work with

Client advisor

Recommend

CEO approval

Business Outlook

Pros

Better salary than 99% of other groups or brands in the sector. good benefits.

Cons

HR dept is bad at their job, once they so not need you, they will throw you in the garbage, although you had great results and impeccable sheet.

Richemont Response

4y

Thank you for taking the time to leave this review and sharing your feedback with us. We are glad to hear that you enjoyed the benefits we offer. However, we are sorry to hear that your experience with the HR and management teams was not up to your expectations. Our aim is to build strong, people-centric HR and managers and embrace a culture of regular feedback.

3.0

Feb 11, 2022

It’s great if all is going well for you!

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nice family culture with most brands sitting together in one office. Over the years, the brand has also consistently pumped-up employee benefits such a leave days, for instance.

Cons

Do not expect HR to be productive in looking into grievances within your team. Their only solution is to ask you to have a chat with the other party, followed by more chats after. And they are surprised when you give up your successful years to leave the company.

Richemont Response

4y

Thank you for your review. We are glad that you appreciated our family-spirited Group and the benefits that we offer. However, we are sorry to hear that your experience with the HR was not up to your expectations. Our aim is to build strong, people-centric HR to support our colleagues throughout their journey we us. We also embrace a culture of regualr feedback to give 360 degree feedback to all of our collaborators.

3.0

Feb 11, 2022

Review

Manager

Recommend

CEO approval

Business Outlook

Pros

Good healthcare benefits. Good travel te

Cons

Poor alarga compensation. Lack of life job balance.

Richemont Response

4y

Thank you for your review. We are happy to hear that you enjoyed some of the benefits that we offer. On the other hand, we are sorry to hear that the compensation and work life balance were not up to your expectations. We are constantly reviewing and benchmarking our compensation to align with market standards. We have also implemented flexi-work to create a more responsive and efficient way of working with the aim of increasing your satisfaction.

Viewing 334 - 336 of 730 Reviews

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Great company to work with

It’s great if all is going well for you!

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