Newmont reviews

3.6

61% would recommend to a friend

(573 total reviews)

Natascha Viljoen

65% approve of CEO

63% positive business outlook

Newmont has an employee rating of 3.6 out of 5 stars, based on 573 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newmont employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, Mining & Utilities industry (3.7 stars).

Reviews by job title

573 reviews
2.0
Jul 30, 2011
Recommend
CEO approval
Business Outlook

Pros

You will know more about the mine and how to make gold than the managers very quickly. Job can be interesting and personally challenging. Pay and benefits are good for someone out of school. Vacation time earned is better than most. You can be incompetent and become a manager. The contacts you make with contractors will land you a better job with another company.

Cons

Good old boys club. If you aren't a relative or best friend of a manager, you will never be respected or trusted. Most of the management is vastly under-qualified for the job. They waste millions on projects that a skilled person knows will not work while neglecting obvious low hanging fruit. Politics. Most managers are from a mining engineering or metallurgical background but show a surprising lack of understanding how to make gold. Absolutely zero focus on proper planning. The targets are shifted faster than proper solutions can be implemented. Our bonuses and raises are getting lower as the profits get bigger.

3.0
Jul 10, 2011

A good leraning experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Several High Profile projects Company wanting tio implement significant change

Cons

Slow to react and implement change Not willing to provide sufficient resources to complet the changes required. Lack of suitabkle systems and processes salaries not in the upper quartile of the inductry which are affecting the ability to attract and retain top performers.

5.0
Jun 3, 2011
Recommend
CEO approval
Business Outlook

Pros

- 9-80 Work Schedule - 4+ weeks vacation on year one - inexpensive benefits - 20%+ annual bonus potential (10% individual performance and 10% company performance) - strong 401K - great people - lots of personal growth opportunities (lunch n learns, town hall meetings, online training, in-house training, tuition reimbursement, etc)

Cons

- long hours - no maternity leave (need to use PTO or go unpaided) - lots of gaps inbetween the ST and LT Disability benefits when you are in the first couple of years of employment

Viewing 556 - 558 of 573 Reviews

Glassdoor has 789 Newmont reviews submitted anonymously by Newmont employees. Read employee reviews and ratings on Glassdoor to decide if Newmont is right for you.