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 5% 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) , Stagiaire (11) , Administrative Assistant (10) , Analyst (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 66 reviews)); "Pays well and people are nice" ((in 36 reviews)); "Good staff welfare and culture" ((in 34 reviews)); "Nice colleagues with balanced work and life" ((in 33 reviews)); "good work/life balance and nothing" ((in 28 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 41 reviews)); "no training and you either sink or swim" ((in 12 reviews)); "Career progression not based on merit but rather strategic association." ((in 11 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))

Richemont reviews

3.9

72% would recommend to a friend

(730 total reviews)

Nicolas Bos

86% approve of CEO

61% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (730 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

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Parent or family caregiver

Veteran status

Richemont has an employee rating of 3.9 out of 5 stars, based on 730 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

730 reviews

1.0

Jun 25, 2020

Very bad experience. NOT recommended at all.

Employé

Recommend

CEO approval

Business Outlook

Pros

Can't think of any advantage.

Cons

Troubled recruitment process, bad environment, long working hours.

1.0

Jun 15, 2020

A big mess

Manager

Recommend

CEO approval

Business Outlook

Pros

Salary is actually ok here

Cons

The hierarchical structure is extremely unstable, with different parties working towards different goals. Working here is like playing the russian roulette. You may be on a team that is good but there are some teams which are really a pain to work with... Overall, the mindset of top management is too « french » for my taste.

Richemont Response

6y

Thank you for sharing your thoughts openly and honestly. I'm sorry your experience at Richemont has not been up to our standards. Our people and their wellbeing are our top priority. We want to continue to foster this culture of entrepreneurship, respect, and courage and we would appreciate to hear more about your thoughts and suggestions in order to improve things. We encourage you to reach out to your local HR. Thanks again for taking the time to leave this review.

4.0

Jun 11, 2020

Company with good working culture that cares for employee

Business analyst

Recommend

CEO approval

Business Outlook

Pros

- Nice people and working environment - Offer flexible working hours - Good packages and benefits - Lots of budgets and resources are allocated into system development and integration providing insightful analysis. - Promote different external activities

Cons

- Lack of coordination on projects - Complex organisation structure with many Maisons - Reporting are fragmented and no alignments between Maisons and HQ - Rapid changes without proper testing and inquiries - Decisions are often drive by HQ without considering regional feedback - Too many platforms and systems are being developed which become confusing, duplicated and made redundant

Viewing 169 - 171 of 730 Reviews

Jobs at Richemont

TEMP Cost Estimate Administrator

Richemont

Richemont reviews

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Very bad experience. NOT recommended at all.

A big mess

Company with good working culture that cares for employee

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