Richemont reviews

3.9

72% would recommend to a friend

(729 total reviews)
avatar

Nicolas Bos

86% approve of CEO

61% positive business outlook

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 27, 2020

Moving into the right direction... at its own pace :)

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- very human culture, offering lots of benefits (flex working hours, parental leave, restaurant, great facilities, activities) - cllimate of trust, open colleagues - job and career opportunities - international career possible - healthy industry, prestigious brands - fair pay - leaders see the need to change, open discourse on what needs to change

Cons

- very political - long lasting change process - decisions take long and you need to onboard everyone - Richemont as an Employer not as known as its brands

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Richemont Response
6y
We are glad that you appreciate the culture that we have built and that you enjoy the benefits we offer. We aim to create a space where you feel you can work closely with your colleagues and create the Richemont of the future together. In terms of development opportunities, we are committed to the growth of all our people, and we empower our team members to take ownership of their career development in close collaboration with their manager and HR, during the performance process and beyond. We encourage you to set up some time with your manager and/or the HR team to start the conversation. Thank you for reviewing your experience with Richemont!
2.0
Jan 26, 2020
Recommend
CEO approval
Business Outlook

Pros

Decent salary, decent benefits, decent working conditions,

Cons

Managed by business people with no experience in watchmaking, all they seem to understand are spreadsheets and numbers. STOs (standard Time of Operation) numbers have been slashed resulting in low moral and complete indifference with many employees. Completely demotivating, the unrealistic expectations have driven several watchmakers to leave the industry altogether. Promotions or new jobs are given to people without competition, long term employees are regularly fired or demoted. Foriegn workers are given visas and high-level watchmaking and/or management positions without job postings or competition. The workshop manager has no watchmaking experience and is rarely ever seen in the actual workshop, leaving the management of the watchmakers to supervisors. The supervisors seem to have only their own self-interest in mind, back-stabbing and working against one another to make themselves look better by making the other supervisor look bad. The HR violations in this company are horrific, fat-shaming, anti-Semitic, extreme racial and gay slurs, bullying and sexual harassment are ignored by and often include the supervisors. The HR violations go unpunished by HR, many of the worst offenders being promoted to top watchmaking positions. Childish games such as seeing who can pass gas the loudest are common in the workshop.

Viewing 520 - 522 of 729 Reviews

Glassdoor has 1,433 Richemont reviews submitted anonymously by Richemont employees. Read employee reviews and ratings on Glassdoor to decide if Richemont is right for you.