Richemont reviews

3.9

72% would recommend to a friend

(730 total reviews)
avatar

Nicolas Bos

86% approve of CEO

61% positive business outlook

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
2.0
Jan 26, 2020
Recommend
CEO approval
Business Outlook

Pros

Decent salary, decent benefits, decent working conditions,

Cons

Managed by business people with no experience in watchmaking, all they seem to understand are spreadsheets and numbers. STOs (standard Time of Operation) numbers have been slashed resulting in low moral and complete indifference with many employees. Completely demotivating, the unrealistic expectations have driven several watchmakers to leave the industry altogether. Promotions or new jobs are given to people without competition, long term employees are regularly fired or demoted. Foriegn workers are given visas and high-level watchmaking and/or management positions without job postings or competition. The workshop manager has no watchmaking experience and is rarely ever seen in the actual workshop, leaving the management of the watchmakers to supervisors. The supervisors seem to have only their own self-interest in mind, back-stabbing and working against one another to make themselves look better by making the other supervisor look bad. The HR violations in this company are horrific, fat-shaming, anti-Semitic, extreme racial and gay slurs, bullying and sexual harassment are ignored by and often include the supervisors. The HR violations go unpunished by HR, many of the worst offenders being promoted to top watchmaking positions. Childish games such as seeing who can pass gas the loudest are common in the workshop.

1.0
Jun 28, 2019

No workplace morale

Recommend
CEO approval
Business Outlook

Pros

You get to see and work on nice watches.

Cons

Upper management doesn’t listen to employees. They bring in outside people to make decisions and change processes that they have no business in dealing with. Get input from the people that do the work! Required to use your own vacation days for time off they say they’re “giving” you. We were required to use our own time off for the day after July 4th because they didn’t want to open. Don’t boast that you’re giving us an extra day off when it’s our own vacation. 2% bonus every year. But you’re only in control of 1% of that and the other half depends on the work of other people. Even then, 2% didn’t make a difference in my paycheck anyway. Not really and incentive to work harder or stay longer hours away from family. Huge disconnect between employees and upper management.

1.0
Jul 11, 2019

Unhappy work environment

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 10 - 12 of 730 Reviews

Glassdoor has 1,431 Richemont reviews submitted anonymously by Richemont employees. Read employee reviews and ratings on Glassdoor to decide if Richemont is right for you.