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

Jan 7, 2021

Stay away

Integration manager

Recommend

CEO approval

Business Outlook

Pros

+ Nice discounts on watches + Stress level is really low + Money is ok

Cons

- We want to work and produce nice results, but it's impossible due to political fights - The HR team is fully useless and lost - The top management is erratic and is always afraid of commitment - The new office in Meyrin is really crappy - I feel like my time is being wasted away for nothing

Richemont Response

Thank you for sharing your thoughts and feelings. At Richemont we foster and encourage a culture of open feedback and transparency. We would therefore kindly encourage you to speak to your manager and/or HR in order to address your discomfort. In addition, we have dedicated ambassadors who collect the points of improvement for the new offices. Please do not hesitate to share some factual improvement points with them.

5.0

Jul 26, 2019

Fantastic company with lots of opportunity.

Manager

Recommend

CEO approval

Business Outlook

Pros

Too many to share in one review. Here are a few that are noteworthy - - Benefits - Growth - Teamwork - Compassionate people - Strong support network - Invested brand partners

Cons

Depends how you view the world around you. If you look for challenging situations you will find them no matter the company you work for. The difference at Richemont is that people care. If there is a problem there is always someone who will work to find a resolution.

1.0

Jul 8, 2019

You Can Do Better

Anonymous

Recommend

CEO approval

Business Outlook

Pros

Great vacation and benefits package. Depending on the department, scheduling can be very flexible for appointments, etc. Availability to make up missed time.

Cons

Incompetent management, and poor planning. The company gave us the day off for July 4 since we were closed for the holiday, however they decided to close the facility on July 5, but everyone was required to use a vacation day. Now there is talk of overtime needed and possible mandatory overtime on Saturdays to make up for the lost production. What was the point of closing Friday then???

Viewing 22 - 24 of 728 Reviews

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