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) , Financial Controller (8)

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

"Good benefits & work environment" ((in 73 reviews)); "Pays well and people are nice" ((in 40 reviews)); "Nice colleagues with balanced work and life" ((in 34 reviews)); "Good staff welfare and culture" ((in 31 reviews)); "good work/life balance and nothing" ((in 25 reviews))

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

"low salary and little bit of tense atmosphere" ((in 45 reviews)); "Bad management and hard to move up" ((in 42 reviews)); "career progression can be slow" ((in 12 reviews)); "no training and you either sink or swim" ((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 9 reviews))

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Richemont

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

3.0

Jan 15, 2021

If you like ridged corporate environment then this is the place for you

Senior financial accountant

Recommend

CEO approval

Business Outlook

Pros

Salary compared to market, however, no insignificant pay rises Well documented processes A good corporate culture if this is your thing Exceptional staff discounts

Cons

Corporate culture can lead to micro management and authoritative structure 80% Long serving employees make promotion impossible Slowly incorporating more employee benefits such as WFH, however, management make you feel like it is a privilege rather than common market practice

Richemont Response

Thank you for this valuable feedback. We are sorry to hear that you felt that your experience at within our Group did not meet your expectations. Recognising that many of our most important assets have been in existence for over a century, the Group is managed with the objective of continuing to create value for the long term for the benefits of all stakeholders. We are committed to the development of our Maisons and businesses and the growth of all our people. Therefore, we aim to create an environment where you can take ownership of your career development by offering equal opportunities in our diverse Group and a continuous learning culture. We encourage you to check our internal portal for open roles.

5.0

Jan 14, 2021

Great Company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

They treat there staff excellent, really nice work, lots of fringe benefits

Cons

difficult to get things done fast, long lines of communication

4.0

Jan 13, 2021

Luxury Brand

Executive secretary

Recommend

CEO approval

Business Outlook

Pros

Multi-national luxury jewelry & fashion company

Cons

Different brands with different salary packages

Viewing 607 - 609 of 729 Reviews

Jobs at Richemont

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