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 3% 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 & work environment" ((in 66 reviews)); "Pays well and people are nice" ((in 36 reviews)); "Good staff welfare and culture" ((in 34 reviews)); "Nice colleagues with balanced work and life" ((in 33 reviews)); "good work/life balance and nothing" ((in 28 reviews))

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

"low salary and little bit of tense atmosphere" ((in 44 reviews)); "Bad management and hard to move up" ((in 41 reviews)); "no training and you either sink or swim" ((in 12 reviews)); "Career progression not based on merit but rather strategic association." ((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))

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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

3.0

Mar 25, 2022

A collection of SME

Sales manager

Recommend

CEO approval

Business Outlook

Pros

Stable work environment Good benefits Good longterm career opportunities

Cons

Nepotism is the backbone of the company top-management career ladder

Richemont Response

We are happy to hear that you appreciated our work environment, benefits and the career opportunities which we offer our colleagues. Nevertheless, we hope you shared your frustrations regarding the top management with your local teams, as we aim to build a people-centric Group with leaders that develop their teams by embracing regular feedback.

4.0

Mar 23, 2022

Complicated political environment but good company

Manager

Recommend

CEO approval

Business Outlook

Pros

Stable company with strong focus on growth

Cons

Complicated political environment whic make life complicated

Richemont Response

Thank you for your review. We are glad that you appreciated our family-spirited Group. Our aim is to achieve long term profitable and responsible growth of our Maisons and businesses, by supporting them in designing unique and timeless creations and memorable experiences, and by continuing to protect their heritage in quality and craftsmanship, while driving innovation.

5.0

Mar 20, 2022

Feedback

Regional media specialist

Recommend

CEO approval

Business Outlook

Pros

Nice culture and people Fair salary package

Cons

Limited amount of annual leave

Richemont Response

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.

Viewing 499 - 501 of 730 Reviews

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