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?

"good benefits and perks with Richemont" ((in 71 reviews)); "Great people and collaborative across all functions." ((in 40 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "great team and very international" ((in 28 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)); "no training and you either sink or swim" ((in 11 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 11 reviews)); "Career progression not based on merit but rather strategic association." ((in 10 reviews))

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Richemont

Richemont reviews

3.9

72% would recommend to a friend

(730 total reviews)

Nicolas Bos

86% approve of CEO

61% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.8

Compensation and benefits

3.7

Culture & values

3.6

Work/Life balance

3.6

Career opportunities

3.5

Senior management

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

730 reviews

4.0

Oct 3, 2021

Sales Associate

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Our boutique atmosphere is wonderful.

Cons

Stressed and concerned regarding hitting the sales target

Richemont Response

We are pleased to hear that the boutique environment is wonderful. Our luxury boutiques are the heart of our business and immerse clients into our Maisons' universe. We count on our sales associates to offer our customers a truly inspirational and unique experience as well as building a lasting relationship based on trust. On the other hand, we are sorry to hear that you are stressed to reach your sales targets and encourage you to discuss this with your Manager and HR.

4.0

Sep 26, 2021

Stable and safe company.

Compliance

Recommend

CEO approval

Business Outlook

Pros

Flexibility of working, safe environment

Cons

low salary comparing to the local market

Richemont Response

We are glad that you enjoy the benefits we offer, such as flexible working. We strive to make them competitive in the marketplace, and we develop them based on what is valued by you and your colleagues. It’s all part of celebrating the commitment and passion that you bring to your role! However, We are sorry to see that you felt our compensation did not meet your expectations. We are continuing to evolve our compensation & benefits offering based on what is valued by our colleagues and strive to make them competitive in the marketplace.

5.0

Sep 23, 2021

good company

Officer

Recommend

CEO approval

Business Outlook

Pros

good pay and nice ppl

Cons

not at all very good

Richemont Response

We are glad that you appreciate our family-spirited Group. At Richemont, we value people who work in connection, listening to each other. Moreover, we believe in enduring relationships. Our commitment for long term value has attracted, retained and developed our exceptional talent.

Viewing 367 - 369 of 730 Reviews

Jobs at Richemont

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