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 67 reviews)); "Good salary and absolutely nothing else." ((in 38 reviews)); "Great people and collaborative across all functions." ((in 36 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 34 reviews))

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

"Bad management and hard to move up" ((in 46 reviews)); "career progression can be slow" ((in 11 reviews)); "Toxic managers left unchecked and there is no real check done on managers." ((in 11 reviews)); "no training and you either sink or swim" ((in 9 reviews)); "Missy upper management, bad communication" ((in 5 reviews))

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Richemont

Richemont reviews

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3.9

72% would recommend to a friend

(728 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 728 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

728 reviews

4.0

Jun 21, 2019

Cool place to work!

Senior business consultant

Recommend

CEO approval

Business Outlook

Pros

Big Projects, good organisation, great people, very qualified employees. A lot of sponsored sports clubs, gym, sports classes and running sponsorships. Cocktails several times a year to meet and talk to colleagues

Cons

There is no clear career path

Richemont Response

Thank you for taking the time to review your time with Richemont. Nice hearing that you enjoy working with us and above all with your colleagues. We are working on more transparent career options however a clear path is not our goal since our colleagues are so diverse and their career choices and possibilities should reflect this diversity as well. Please talk to your HR openly about your ambitions and we are sure to find a way together

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 679 - 681 of 728 Reviews

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