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

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

2.0

Nov 16, 2021

Overlooked & Underpaid

Brand ambassador

Recommend

CEO approval

Business Outlook

Pros

Good benefits and beginning to work on diversity and inclusion.

Cons

Management. There is a lot of favoritism and nepotism going on currently. Although it’s not against the law it’s very blatant and unfair. Management has brought in a lot people they know and in less than a year of working there they have given them all promotions to management positions with out them earning it or being the right fit for the position. They overlook those that have been there for years and know the company and are loyal. They do not take the time to groom the assets they already have. No real work life balance. No current program for career advancement opportunities.

Richemont Response

Thank you for sharing your feedback with us. As a Group, we believe in enduring relationships, and desire for our team members to feel valued and seen for the hard work and efforts they contribute. We value diversity in talent and look to promote the best talent from within or find the most exceptional talent external to our Group for our open opportunities. We were excited to see double digit internal mobility within the CRC and hope to see an increase as we continue to grow. We encourage ambition & creativity, and we want you to retain your uniqueness and your energy. With a promising roadmap of growth in our team (and across the Group) ahead, please set your career goals in your PMP, and turn them into action with your leader. We also encourage you to bring any concerns to your HR business partner and facility Director.

1.0

Mar 16, 2010

Don't take a job at Richemont/Cartier

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

Free coffe & sometimes lunch. Discounts on products

Cons

Horrible place to work. You can make good sugestions, but if you are not one of the "favorite" ones you will be brushed aside.

1.0

Jul 6, 2019

Work elsewhere

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

401k matching PTO/Personal/Sick leave/Holidays Healthcare

Cons

Incompetent management/leadership Lack of focus on the employees

Viewing 16 - 18 of 728 Reviews

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