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 & work environment" ((in 67 reviews)); "Good salary and absolutely nothing else." ((in 40 reviews)); "Pays well and people are nice" ((in 39 reviews)); "Nice colleagues with balanced work and life" ((in 35 reviews)); "Good staff welfare and culture" ((in 31 reviews))

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

"Bad management and hard to move up" ((in 42 reviews)); "no training and you either sink or swim" ((in 13 reviews)); "Toxic managers left unchecked and there is no real check done on managers." ((in 11 reviews)); "Generally looking a slower career progression" ((in 9 reviews)); "530, there isn't a need for these hours especially when multiple people are working." ((in 5 reviews))

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Richemont

Richemont reviews

3.9

72% 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 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

728 reviews

2.0

Sep 6, 2024

Great Company with Ruined Reputation due to Toxic Management

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Health plan, employee discounts, career and mobility opportunities, dynamic

Cons

Crawling with bad managers in some brands, very toxic work environment, very high turnover of employees leaving, no support from HR

5.0

Aug 31, 2024

Nothing

Assistant banking center manager

Recommend

CEO approval

Business Outlook

Pros

Very good. Everything so good

Cons

It is flaw less anyway

4.0

Aug 30, 2024

Rewarding Experience with Room for Growth

Team leader

Recommend

CEO approval

Business Outlook

Pros

Collaborative Work Environment: Richemont fosters a supportive and team-oriented culture. Opportunities for Professional Growth: Offers various training programs and career advancement opportunities. Prestigious Brands: Exposure to world-renowned luxury brands enhances professional credibility. Work-Life Balance: Flexible working hours and a strong emphasis on employee well-being. Diverse Culture: Inclusivity and diversity are highly valued and promoted within the organization.

Cons

High Expectations: The demanding nature of the industry can lead to high pressure and long hours during peak periods. Complex Hierarchy: Decision-making can be slow due to multiple layers of management. Competitive Environment: Career advancement can be challenging due to the competitive nature of the industry.

Viewing 85 - 87 of 728 Reviews

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Jobs at Richemont