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)); "Great people and collaborative across all functions." ((in 41 reviews)); "Nice colleagues with balanced work and life" ((in 34 reviews)); "Good staff welfare and culture" ((in 33 reviews)); "good work/life balance and nothing" ((in 26 reviews))

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

"low salary and little bit of tense atmosphere" ((in 42 reviews)); "Bad management and hard to move up" ((in 40 reviews)); "no training and you either sink or swim" ((in 12 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 12 reviews)); "career progression can be slow" ((in 11 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

5.0

Nov 21, 2019

Great benefits and great company to work for

Senior human resources business partner

Recommend

CEO approval

Business Outlook

Pros

Great people and collaborative across all functions. Large benefits package offered to employees. A generally nice environment to work in and friendly.

Cons

busy environment but it is a positive to make you more responsible in your role and outlook

Richemont Response

Thank you very much for taking the time in writing this review, much appreciated. We are pleased that you are finding the environment welcoming and stimulating. A diverse offering on the benefit package is key for us, we are glad that you are making the most of them.

5.0

Nov 21, 2019

Fantastic team, great place to work

Payroll & benefits manager

Recommend

CEO approval

Business Outlook

Pros

Friendly and supportive colleagues Great place to work Good benefits offering Competitive salaries Supportive of flexible working

Cons

Although changes do happen and happen regularly and processes are constantly reviewed and improved, some things can take longer than necessary

Richemont Response

Thank you very much for taking the time in writing this review, much appreciated. Indeed change can take some time to really happen in the business, however we appreciate you mentioning it as it is one of the key focus at the moment. We are pleased that you mention flexible working, it is a fairly new scheme in the UK, but one that has proven very successful overall.

4.0

Nov 20, 2019

Great environment but many procedures

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The overall environment is serious however quite friendly as well, this allows empoloyees to work in great sinergy and confront your superiors/collegues easily without stressful discussions. The environment and employee also gives you the opportunity to manage your workload in the best way that fits you and also the needs of the company.

Cons

Considering the high number of brands present in the group there is not much sinergy between them. Sharing some information could be beneficial for both employees and the company. There are many procedures that slows the reaction time of the company and does not allow in some cases to be as fast as possibile missing some oppurtunities.

Viewing 655 - 657 of 729 Reviews

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