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?

73% 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?

"The Benefits are good." ((in 72 reviews)); "Great people and collaborative across all functions." ((in 39 reviews)); "Nice colleagues with balanced work and life" ((in 38 reviews)); "Good staff welfare and culture" ((in 31 reviews)); "good work/life balance and nothing" ((in 27 reviews))

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

"low salary and little bit of tense atmosphere" ((in 44 reviews)); "Bad management and hard to move up" ((in 43 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)); "Career progression not based on merit but rather strategic association." ((in 9 reviews))

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Richemont

Richemont reviews

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3.9

73% 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

1.0

Feb 11, 2014

"Terrible" place to work for employees

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Only one advantage of staff discount on fancy jewellery and watch. Cannot find any others.

Cons

Too many things to be listed. 1) "Not organized". Remember clearly Richemont has company rules & regulations for all brands, but these are not respected by brands with insistng on having each brand own way; nasty, pushy, some even said untruth according to their position. 2) "NO mutual respect" between richemont and brands, No respect for employees. 3) Enhance transparency in performance process. Not given clear feedback from it 4) Horrible internal politics. Not professional approach by senior managements.

2.0

Oct 30, 2013

Technical Center in Fort Worth - Not Recommended

Administrative assistant

Recommend

CEO approval

Business Outlook

Pros

Decent benefits in regards to 401K, medical, dental, etc. Lunch or breakfast is often provided if weekend hours are mandatory. Business improvement committee working to improve culture, but a tough road ahead. Facility open long hours, so some have the chance to choose their schedule.

Cons

Intentions are good but execution lacks considerably. One person on management team has an extremely negative effect on the whole facility. Until that changes, I don't see much hope. Holiday time off is by lottery or rotated depending on department. Don't expect time off near holidays, although you will find much of the management team to be off. Employees overall are not satisfied and often feel like they are treated like children. Good people with positive outlook and influence are leaving. Pay raises are very poor.

4.0

Jul 23, 2013

Not very satisfied with my salary

Fp&a

Recommend

CEO approval

Business Outlook

Pros

Work- life balance, nice colleages, good benefit package.

Cons

Less organised, a little bit noisy work environment

Viewing 712 - 714 of 728 Reviews

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