Richemont reviews

3.9

73% would recommend to a friend

(728 total reviews)
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Nicolas Bos

86% approve of CEO

61% positive business outlook

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).

Reviews by job title

728 reviews
2.0
Jan 26, 2020
Recommend
CEO approval
Business Outlook

Pros

Decent salary, decent benefits, decent working conditions,

Cons

Managed by business people with no experience in watchmaking, all they seem to understand are spreadsheets and numbers. STOs (standard Time of Operation) numbers have been slashed resulting in low moral and complete indifference with many employees. Completely demotivating, the unrealistic expectations have driven several watchmakers to leave the industry altogether. Promotions or new jobs are given to people without competition, long term employees are regularly fired or demoted. Foriegn workers are given visas and high-level watchmaking and/or management positions without job postings or competition. The workshop manager has no watchmaking experience and is rarely ever seen in the actual workshop, leaving the management of the watchmakers to supervisors. The supervisors seem to have only their own self-interest in mind, back-stabbing and working against one another to make themselves look better by making the other supervisor look bad. The HR violations in this company are horrific, fat-shaming, anti-Semitic, extreme racial and gay slurs, bullying and sexual harassment are ignored by and often include the supervisors. The HR violations go unpunished by HR, many of the worst offenders being promoted to top watchmaking positions. Childish games such as seeing who can pass gas the loudest are common in the workshop.

1.0
Jun 28, 2019

No workplace morale

Recommend
CEO approval
Business Outlook

Pros

You get to see and work on nice watches.

Cons

Upper management doesn’t listen to employees. They bring in outside people to make decisions and change processes that they have no business in dealing with. Get input from the people that do the work! Required to use your own vacation days for time off they say they’re “giving” you. We were required to use our own time off for the day after July 4th because they didn’t want to open. Don’t boast that you’re giving us an extra day off when it’s our own vacation. 2% bonus every year. But you’re only in control of 1% of that and the other half depends on the work of other people. Even then, 2% didn’t make a difference in my paycheck anyway. Not really and incentive to work harder or stay longer hours away from family. Huge disconnect between employees and upper management.

1.0
Jul 31, 2016

Very bad experience. Indescribably awful

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Close to none with the only exception being some nice colleagues in the department.

Cons

Almost everything. Poor structure. Poor compensation. Constant bullying and blaming culture. No rewards for doing more (sometimes even melting out punishment instead) and forget anything about promotion. No trust in employees as management prefers to hire everyone outside than to give current employees a chance to progress. Management is clueless about everything more so issues concerning employees well-being.

Viewing 10 - 12 of 728 Reviews

Glassdoor has 1,428 Richemont reviews submitted anonymously by Richemont employees. Read employee reviews and ratings on Glassdoor to decide if Richemont is right for you.