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 75 reviews)); "Great people and collaborative across all functions." ((in 41 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "Nice colleagues with balanced work and life" ((in 34 reviews)); "good work/life balance and nothing" ((in 27 reviews))

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

"Bad management and hard to move up" ((in 42 reviews)); "low salary and little bit of tense atmosphere" ((in 41 reviews)); "Generally looking a slower career progression" ((in 12 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)); "no training and you either sink or swim" ((in 9 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 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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

729 reviews

5.0

Feb 20, 2020

Great career possibilities, exciting projects

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Working for a group means that you can move across different brands and evolve your portfolio of experiences. There are opportunities to travel and be involved in extra projects for your own development.

Cons

Not that I have experienced so far.

Richemont Response

6y

Thank you very much for taking the time for this review, much appreciated. We are very pleased that your experience in Richemont UK is positive and we are here should you have any further comments or questions at all.

5.0

Feb 17, 2020

Richemont UK London- THE place to be

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Richemont is a great place for your career. I had the chance to start by applying on the company website for an internship in Germany. After concluding my studies I applied again on the website for an internship in UK London and the HR dpt had already my record. I ended up not only having the internship but I have then been employed on a full time position in London. This company really values the talent besides your age. I feel always listened and every feedback is taken in consideration. Even if it is a luxury company there is a clear path and everyone is helping you to understand your possible development and to build your career. Open culture, where sharing is the key. The office itself is built on the concept of open space to promote transparency and collaboration.

Cons

I do not have any major cons to express at the moment of writing this review. Only thing: do not expect a banking salary.

Richemont Response

6y

Thank you very much for taking the time in writing this review, much appreciated. We definitely value colleague's opinion, and we believe that only a truly collaborative environment is the key for success. We are happy you feel that your talent has been given a platform to shine and that you feel supported in your career journey.

5.0

Feb 16, 2020

Great company

It senior project manager

Recommend

CEO approval

Business Outlook

Pros

1. Nice working environment (China) with great IT leaderships 2. High potential in China market considering the market of Luxury in China is getting bigger 3. Highly recognized and well known brands such as Cartier and Mont Blanc 4. Senior leaderships are willing to provide full empowerment to explore the new technologies in China

Cons

Not too many cons. Not enough diversity in my dept.

Viewing 511 - 513 of 729 Reviews

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Great career possibilities, exciting projects

Richemont UK London- THE place to be

Great company

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