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 and perks with Richemont" ((in 71 reviews)); "Pays well and people are nice" ((in 41 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "good work/life balance and nothing" ((in 26 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 39 reviews)); "no training and you either sink or swim" ((in 10 reviews)); "career progression can be slow" ((in 10 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 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

1.0

Jun 20, 2019

Poor management

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

Management don t care about their employee. They lie.

Cons

Management push their employees to fail , to much production and they don t recognize the talent of some employee. They don t care about their client.

5.0

Jun 19, 2019

Great company with sound ethics and principles

Finance director

Recommend

CEO approval

Business Outlook

Pros

- ever-evolving industry, at the heart of both luxury and ecommerce - Richemont takes care of its employees, with plenty of benefits outside of salary - Richemont encourages idea generation - access to preferential pricing for beautiful products

Cons

- long days, but interesting days - can sometimes be slow in terms of decision making, because of the size of the Group - typical matrix multinational structure; not always clear who exactly is responsible for what

Richemont Response

We thank you for your time to write this review! We are proud to be a company that encourages new ideas in our interesting industry to be ready for what the future and to continue creating our beautiful products. With regards to the work/life balance, in the past year we have implemented a "Flexible Work" policy which empower our corporate employees to work in various locations around the world. If you have additional ideas on our working policies, please do approach any colleague from the HR team

3.0

Jun 12, 2019

Strong pros and cons depending on your priorities

Assistant marketing manager

Recommend

CEO approval

Business Outlook

Pros

good work life balance, friendly culture, prestige brands

Cons

talent retention and development issues, salary, politics

Viewing 580 - 582 of 730 Reviews

Jobs at Richemont

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