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?

"Good benefits & work environment" ((in 69 reviews)); "Great people and collaborative across all functions." ((in 43 reviews)); "Nice colleagues with balanced work and life" ((in 32 reviews)); "Good staff welfare and culture" ((in 31 reviews)); "great team and very international" ((in 26 reviews))

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

"Bad management and hard to move up" ((in 46 reviews)); "low salary and little bit of tense atmosphere" ((in 39 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 9 reviews)); "no training and you either sink or swim" ((in 8 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

1.0

Jul 24, 2017

Very bad top management

Brand controller

Recommend

CEO approval

Business Outlook

Pros

Because the workload was very intense and the bad company culture, the team members were very supportive and helpful with each other in order to keep it strong!

Cons

The top management was very old style (don't ask just to it!), not open to discussion and to changes at all, each level pushing downwards the requirements (top down culture). Most of the management put pressure on teams to work at nights and weekends rather than question the priorities of some requests. People are really not considered there for sure.

1.0

Apr 5, 2009

Richemont Latin America = ARROGANCE

Support department

Recommend

CEO approval

Business Outlook

Pros

Benefits. If you are looking for great benefits Richemont is the right place.

Cons

There is no opportunity to grow if you are not French or don't speak French although this is Latin America Division most employees in this division don't speak spanish or even understand Latin culture. On their special events there is a strong feeling of division between European employees and American/Latin employees. If working for "Supporting Department" (ex. Accounting, Human Resources, IT, Warehouse) the division is very strong and there is no working team within department. I came across that one of the supervisor hardly finish High School and it was extremely difficult to work with, not only because of this lack of knowledge on the field but his attitude towards the company. It seems to me that most people were very unhappy with what there were doing and loyalty towards the product didn't exist.

1.0

Jun 8, 2021

Do not recommend

Brand ambassador

Recommend

CEO approval

Business Outlook

Pros

Benefits- they give you an amazing PTO package

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 all of their friends and in less than a year of working there they have given them all promotions with out them earning it or being the right fit for the position.

Viewing 19 - 21 of 728 Reviews

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