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 6% over the last 12 months.

How satisfied are employees working at Richemont?

71% 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 3.5 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 75 reviews)); "Great people and collaborative across all functions." ((in 42 reviews)); "Nice colleagues with balanced work and life" ((in 36 reviews)); "Good staff welfare and culture" ((in 32 reviews)); "good work/life balance and nothing" ((in 25 reviews))

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

"Bad management and hard to move up" ((in 46 reviews)); "low salary and little bit of tense atmosphere" ((in 42 reviews)); "no training and you either sink or swim" ((in 12 reviews)); "Career progression not based on merit but rather strategic association." ((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 9 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

3.8

71% would recommend to a friend

(730 total reviews)

Nicolas Bos

83% approve of CEO

61% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (730 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Richemont has an employee rating of 3.8 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

1.0

Dec 25, 2023

Toxic Culture

Finance manager

Recommend

CEO approval

Business Outlook

Pros

Glamourous company selling luxury jewellery and watches. Staff purchase access (only after probation)

Cons

Massively toxic culture - staff are always expected to work overtime every day. Management cares about face time in this Covid/post-Covid era. Even when staff down with Covid, still expect staff to work at home. No room for promotion for asians, if you are a westerner (white skin), only then you will get an CHANCE.

Richemont Response

2y

Thank you for taking the time to share your feedback. We are very sorry to hear about your experience as it does not reflect our culture of care, inclusion, and empowerment of our people. Our offices promote a culture of well-being and health, including a focus on care. The ‘WeCare Initiative’ for example is an employee assistance programme available worldwide that provides free and confidential support on work and personal matters and relevant training. In addition, we respect and act in accordance with our equity and diversity standards and work to support the principles of equal opportunity and equity of treatment through non-discriminatory procedures and practices, in line with ILO International Labour Standards on Equality of opportunity and treatment. We invite you to please contact our local HR team for further discussion.

2.0

Aug 1, 2022

All that glitters is not gold

Manager

Recommend

CEO approval

Business Outlook

Pros

- Staff discounts - Office location - Most colleagues are friendly

Cons

- Long working hours - expect to work late almost everyday. - Even though you're on leave, there's an unsaid expectation to still check and respond to emails and work whilst you're on leave. Bosses also still send multiple emails whilst they are on leave. - Maisons treat support function teams like dirt - too much politics across all maisons and MDs. - Systems still quite manual, processes sometimes not clear. - Most of middle to senior management are of a certain race and nationality.

1.0

Jun 28, 2022

Competent

Sales manager

Recommend

CEO approval

Business Outlook

Pros

Big company so opportunities to move

Cons

Heavily controlled from top down

Viewing 229 - 231 of 730 Reviews

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