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 4% 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 77 reviews)); "Pays well and people are nice" ((in 42 reviews)); "Nice colleagues with balanced work and life" ((in 36 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "good work/life balance and nothing" ((in 27 reviews))

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

"low salary and little bit of tense atmosphere" ((in 42 reviews)); "Bad management and hard to move up" ((in 42 reviews)); "Generally looking a slower career progression" ((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)); "no training and you either sink or swim" ((in 8 reviews))

Richemont reviews

3.9

72% would recommend to a friend

(729 total reviews)

Nicolas Bos

86% approve of CEO

61% positive business outlook

Ratings by demographic groups

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Veteran status

Richemont has an employee rating of 3.9 out of 5 stars, based on 729 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

729 reviews

4.0

Jan 13, 2021

Luxury Brand

Executive secretary

Recommend

CEO approval

Business Outlook

Pros

Multi-national luxury jewelry & fashion company

Cons

Different brands with different salary packages

3.0

Jan 11, 2021

Not much growth opportunity for a Finance person

Finance manager

Recommend

CEO approval

Business Outlook

Pros

Great culture- people are friendly and care about their colleagues. Good work life balance with summer Fridays and good PTO/holidays.

Cons

Salaries are well below market with very little opportunity for promotion or pay rises. People still in their roles at the same level for a long time. Pay is also inconsistent and unfair across levels and is not compatible with amount of work done/responsibility or experience

1.0

Jan 7, 2021

Stay away

Integration manager

Recommend

CEO approval

Business Outlook

Pros

+ Nice discounts on watches + Stress level is really low + Money is ok

Cons

- We want to work and produce nice results, but it's impossible due to political fights - The HR team is fully useless and lost - The top management is erratic and is always afraid of commitment - The new office in Meyrin is really crappy - I feel like my time is being wasted away for nothing

Richemont Response

5y

Thank you for sharing your thoughts and feelings. At Richemont we foster and encourage a culture of open feedback and transparency. We would therefore kindly encourage you to speak to your manager and/or HR in order to address your discomfort. In addition, we have dedicated ambassadors who collect the points of improvement for the new offices. Please do not hesitate to share some factual improvement points with them.

Viewing 463 - 465 of 729 Reviews

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Luxury Brand

Not much growth opportunity for a Finance person

Stay away

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