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?

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) , 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 and perks with Richemont" ((in 71 reviews)); "Pays well and people are nice" ((in 41 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 35 reviews)); "good work/life balance and nothing" ((in 26 reviews))

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

"Bad management and hard to move up" ((in 45 reviews)); "low salary and little bit of tense atmosphere" ((in 39 reviews)); "no training and you either sink or swim" ((in 10 reviews)); "career progression can be slow" ((in 10 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 10 reviews))

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Richemont

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 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 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 Commerce de détail et de gros industry (3.5 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

730 reviews

1.0

Mar 8, 2011

Unfortunate experience

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The company offers 401K, health, dental, and vision insurance Free parking Ok employee sales if you buy expensive watches, jewelry or leather goods Horizon day care is on site

Cons

The review process is a joke, no salary raise for a couple years now regardless of the performance

1.0

Sep 24, 2009

Do not waste your time going to Richemont

It project manager

Recommend

CEO approval

Business Outlook

Pros

discount on watches and jewels. Other than that I do not see anything else

Cons

no consideration for their employees. It is kaotic. Their matrical organisation does not work at all. I do not recommend Richemont at you.

1.0

Aug 28, 2021

Goodbye Richemont

Watchmaker

Recommend

CEO approval

Business Outlook

Pros

Benefits and paid time off.

Cons

Management. Always changing things and never letting employees grow. No room to move anywhere and if there are openings, they bring in people from somewhere else. Dead end job and pressuring for more production without setting up their employees for success. They have meetings everyday and nothing is accomplished. People are miserable. Stay far far away if you are a prospective employee.

Viewing 67 - 69 of 730 Reviews

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Jobs at Richemont

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