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))

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

Mar 17, 2022

Good platform for fresh graduates/people who loves luxury retail

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

MNC, great exposure and growth opportunities

Cons

Sometimes not flexible in ways of working

Richemont Response

4y

We are pleased to see that you enjoyed the exciting exposure and growth opportunities that we provide. Our mission is to offer all our people the opportunity to grow. We want to empower you with as many development opportunities as possible, whether that’s training, or gathering new experiences in our diverse Group through our internal mobility program. Last year, out of 50% of our open positions were filled by internal employees.

3.0

Mar 15, 2022

Good

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Opportunity to advance your career

Cons

Hard to stay organized and keep up

Richemont Response

4y

We are pleased to see that you have had exciting opportunities within your career with us. Our mission is to offer all our people the opportunity to grow. We want to empower you with as many development opportunities as possible, whether that’s training, or gathering new experiences in our diverse Group through our internal mobility program. Last year, out of 50% of our open positions were filled by internal employees.

4.0

Mar 14, 2022

Interesting projects & ability to grow fast

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Fast-paced environment and opportunities to work on very interesting projects in a constantly evolving sector - Overall work environment is very good (access to a gym, delicious restaurant -> the Bellevue site is amazing, discount offered on products) - Quite a lot of work has been done to offer good learning possibilities (e-learning platform, access to Linkedin learnings)

Cons

- A lot of internal processes (proper to all multi like Richemont) which make the progress on projects a bit tiresome - High management is a bit old school, closed to fexible work and are reluctant on offering extensive WFH - Salary / bonus evolution is mediocre compared to competitors

Richemont Response

4y

Thank you for your extensive review. We are glad that you enjoy the benefits and learning opportunities that we offer. However, we are sorry to hear that you feel that our internal work processes did not meet your expectations. As a large, global company, we have corporate frameworks and processes in place that are designed to support you. We continuously strive to create a culture where you can do your best work, while achieving your professional and personal ambitions. We aim to provide a people-centric Group rooted in shared values for you and your colleagues.

Viewing 502 - 504 of 730 Reviews

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TEMP Cost Estimate Administrator

Richemont

Richemont reviews

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Reviews by job title

Good platform for fresh graduates/people who loves luxury retail

Good

Interesting projects & ability to grow fast

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