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
5.0
Jul 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Too many to share in one review. Here are a few that are noteworthy - - Benefits - Growth - Teamwork - Compassionate people - Strong support network - Invested brand partners

Cons

Depends how you view the world around you. If you look for challenging situations you will find them no matter the company you work for. The difference at Richemont is that people care. If there is a problem there is always someone who will work to find a resolution.

1.0
Jul 18, 2019

Morale is at an all time low.

Recommend
CEO approval
Business Outlook

Pros

Benefits, good holiday parties, some free swag.

Cons

I've been working here for over 10 years and this is the worst it's ever been. I started working a low level job and have worked my way up through the years. The ability to prove myself and move up has always motivated me. There have been some times that were not so great, but this is the worst I've ever seen. Morale is at an all time low and people are leaving in droves. I used to look forward to going to work, but now I feel down when I walk in the building. It's because you are constantly told you're not good enough and there's always a feeling that you might lose your job soon. We are held to almost unobtainable standards can't be met unless you cut corners and sacrifice quality. Production is the number one goal and that's it, but yet they preach quality is. They took away valuable tools from the watchmakers and yet want us to do more or "figure it out". For a "luxury" company, it's hard to even get basic or proper tools to do the job. Management doesn't care about the employees. People have been told to suck it up and deal with it when it comes to internal conflict. They don't listen to employees on how to be more efficient if it doesn't "look good or uniform". They care more about looking good for yours that come through than being a highly functional workshop. Good watchmakers and supervisors are treated as expendable. The current management is driving the service center into the ground and they are either oblivious or don't care. Over the years, it seems as though management comes here from Europe to boost their careers and then get out. These are good people with families who work here. Management needs to take a step back and realize that happy employees work better. This is a prime example of driving you with the stick instead of leading you with the carrot. I would not recommend anyone come work here unless it's a last resort.

3.0
Jul 15, 2019
Recommend
CEO approval
Business Outlook

Pros

Richemont can pay good salaries, particularly in certain countries or functions. Richemont's brands are very nice and renowned, the company offers fair access to staff sales. Although not a forerunner, the Group is taking measures to become more modern and appeal to millennials, like allowing remote work once per week.

Cons

The Group lacks a unitary vision and strategy. For employees, this means no options to grow or move across functions nor countries. RH Department, in most cases, completely unable to support people.

Viewing 553 - 555 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.