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 and perks with Richemont" ((in 71 reviews)); "Great people and collaborative across all functions." ((in 40 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "great team and very international" ((in 28 reviews))

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

"Bad management and hard to move up" ((in 44 reviews)); "low salary and little bit of tense atmosphere" ((in 40 reviews)); "no training and you either sink or swim" ((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)); "Career progression not based on merit but rather strategic association." ((in 10 reviews))

What are the top reviewed Richemont locations?

New York , Fort Worth , Grand Prairie , Dallas , Shelton , Miami , Houston , Chicago , Agana Heights , Austin , Grapevine , Irving , McKinney , Los Angeles , Fremont , San Ramon , Las Vegas , Lafayette , Portland , Boca Raton , Coral Gables , Pensacola , Florida Ridge , Switzerland , Dallas-Fort Worth , Midtown New York

Richemont reviews

3.9

72% would recommend to a friend

(730 total reviews)

Nicolas Bos

86% approve of CEO

61% positive business outlook

Ratings by demographic groups

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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 Retail & Wholesale industry (3.4 stars).

Reviews by job title

730 reviews

3.0

Jul 15, 2019

Good for the short term, not good for the long term

Information technology

Recommend

CEO approval

Business Outlook

Pros

Richemont can pay good salaries, particularly in certain countries or functions. Richemont's brands are very nice and renowned, the company offers fair access to staff sales. Although not a forerunner, the Group is taking measures to become more modern and appeal to millennials, like allowing remote work once per week.

Cons

The Group lacks a unitary vision and strategy. For employees, this means no options to grow or move across functions nor countries. RH Department, in most cases, completely unable to support people.

5.0

Jul 12, 2019

You Can Build Here

Client relation center

Recommend

CEO approval

Business Outlook

Pros

My current position at the Client Relations Center has the potential to be the best job I've ever had. I have been here for less than a year, but every day I am growing as a leader. There have been a lot of changes throughout the process, but I've seen nothing but growth. Growth in business, in people, and in the way we work with each other. The work/life balance has been incredible and it has made life for me so much better. The Senior Leadership truly cares about their people, while raising the standard of what a client relation center looks and how it operates. I've been so thankful for my experience so far in every way.

Cons

I feel that no matter the position, there is a huge learning curve. You have to learn so much, so quickly. But I do not view this as a terrible thing. The leadership has told me so many times though to not worry and understand that it takes time to get the hang of my position. While I consider this a con only because I want to feel like I am great at what I do, it is great to know that if you are willing to learn and to grow, you will be supported by your leaders.

1.0

Jul 11, 2019

Unhappy work environment

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

Benefits, salary and globally a good company.

Cons

No promotional opportunities for watchmakers. Getting a promotion or a raise greater than 2% is extraordinarily rare. The glass ceiling is a real problem. In many cases, higher level positions are never posted and are simply filled by foreign workers without competition with US watchmakers with the same education, experience and qualifications.

Viewing 556 - 558 of 730 Reviews

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Good for the short term, not good for the long term

You Can Build Here

Unhappy work environment

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