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) , Administrative Assistant (10) , Analyst (10) , Stagiaire (10) , Assistant Manager (9) , Business Analyst (9) , Sales Manager (9)

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

"Good benefits & work environment" ((in 70 reviews)); "Good staff welfare and culture" ((in 36 reviews)); "Nice colleagues with balanced work and life" ((in 34 reviews)); "Great people and collaborative across all functions." ((in 33 reviews)); "good work/life balance and nothing" ((in 25 reviews))

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

"Bad management and hard to move up" ((in 45 reviews)); "low salary and little bit of tense atmosphere" ((in 38 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)); "no training and you either sink or swim" ((in 10 reviews)); "Generally looking a slower career progression" ((in 10 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

Jun 25, 2019

stable working environment

Finance

Recommend

CEO approval

Business Outlook

Pros

great people society, most people are low-key and down to earth

Cons

slow to changes, slow career progression

5.0

Jun 25, 2019

Credit Where Credit Is Due

Credit manager

Recommend

CEO approval

Business Outlook

Pros

Great compensation, benefits, and time off. Flexible time and still able to belong to a changing group. Great people and a mission to adapt quickly to a changing marketplace. Multigenerational where everyone mentors each other. Great place to be, wherever you are in your career path.

Cons

Authority is centralized in Europe, yet initiatives and ideas are encouraged.

3.0

Jun 24, 2019

Solid workplace but little incentive to stay

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

Facilities generally well equipped. Continued brand training available. Great company to advance into new positions with.

Cons

Recent changes to production calculations are unrealistic in many instances. New bonus structure top levels nearly impossible to obtain. Yearly raises are minimal and do not keep pace with inflation and cost of living increases. Lots of management staff are installed into their positions from Switzerland rather than hired locally, many do not have direct experience doing the actual work they oversee.

Viewing 574 - 576 of 730 Reviews

Jobs at Richemont

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