Newmont Mining Reviews

Updated September 17, 2014
Updated September 17, 2014
69 Reviews
3.0
69 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Gary J. Goldberg
20 Ratings

Review Highlights

Pros
  • Company offers some of the best pay and benefits in their industry (in 9 reviews)

  • Great pay, great benefits, great PTO, 9/80 work schedule (in 6 reviews)


Cons
  • Limited work-life balance and political power plays are common (in 4 reviews)

  • That also means there is little to no career path for those that remain (in 3 reviews)

More Highlights

40 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to get experience and have on your resume.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accounting Intern in Denver, CO
    Current Employee - Accounting Intern in Denver, CO

    I have been working at Newmont Mining as an intern (more than an year)

    Pros

    Fortune 500 company with awesome potential and huge network. Lots of connections with Big 4 accounting firms. My job that starts after my internship is completed is a direct result of management and their connections with the Denver area accounting firms. Everyone has heard of Newmont! And it's awesome to say that you work for a Gold Company!

    Cons

    Cyclical business...good times are great, bad times are terrible. No benefits for interns. Some of the staff can be a little stand-off-ish.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Experience in Mining Planinng

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Mine Engineer in Denver, CO
    Current Employee - Senior Mine Engineer in Denver, CO

    I have been working at Newmont Mining full-time (more than 10 years)

    Pros

    Good Values and Good Oportunities to grow up your career

    Cons

    We produce gold so wee have to diversified our portafolio

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great company positioned to weather mining cycles.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Elko, NV
    Current Employee - Anonymous Employee in Elko, NV

    I have been working at Newmont Mining full-time (more than 10 years)

    Pros

    Newmont has great benefits and career opportunities. I have been with the company for eighteen years and have worked in four different departments. Each change has brought career growth and significant increases in pay. Benefits are outstanding with both a pension and 401k retirement plan as well as company provided clinics and transportation to mine sites. There is a very strong committment to safety and the environment. Newmont's mine sites in Nevada are very diverse culturally with employees from 20 different countries. Every generation is represented with some employees working for Newmont for almost 50 years!

    Cons

    Northeastern Nevada is very rural but the people are very friendly and there lots of recreational activities and community events to participate in. A great place to put down roots!

    Advice to ManagementAdvice

    The recent management changes are having a positive effect. Things need to move forwad quickly so we are positioned to benefit from the next upturn in gold prices. I'd love to see a merger or acquisition like the most recent one with Fronteer.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great Company...from the people, to the work, the atmosphere, the benefits, the list goes on and on.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst - Accounting in Greenwood Village, Arapahoe, CO
    Current Employee - Analyst - Accounting in Greenwood Village, Arapahoe, CO

    I have been working at Newmont Mining

    Pros

    - 9-80 Work Schedule
    - 4+ weeks vacation on year one
    - inexpensive benefits
    - 20%+ annual bonus potential (10% individual performance and 10% company performance)
    - strong 401K
    - great people
    - lots of personal growth opportunities (lunch n learns, town hall meetings, online training, in-house training, tuition reimbursement, etc)

    Cons

    - long hours
    - no maternity leave (need to use PTO or go unpaided)
    - lots of gaps inbetween the ST and LT Disability benefits when you are in the first couple of years of employment

    Advice to ManagementAdvice

    Continue to empower your employees as Newmont grows. Don't get away from the family feel from years ago, for most employees enjoyed that aspect of the company.

    Recommends
    Approves of CEO
  6.  

    Volatile market

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer (Mining Technology) in Denver, CO
    Current Employee - Engineer (Mining Technology) in Denver, CO

    I have been working at Newmont Mining as an intern (less than an year)

    Pros

    Benefits, traveling, resources, perks, people

    Cons

    Gold prices, long hours, long commute, management style

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at Newmont Mining as an intern (less than an year)

    Pros

    Smart and dedicated people, interesting work, reasonable compensation

    Cons

    Office is far from downtown, corporate environment is a little stuffy

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good Company - Tough Times

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at Newmont Mining full-time (more than 5 years)

    Pros

    Newmont has weathered the storm as well as anyone in the industry. Really good people.

    Cons

    Tough time for mining. Layoffs and budget cuts make the job more difficult.

    Advice to ManagementAdvice

    Keep people trained and progressing. They're doing more with less, so give them a reason to stay.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    One of few Fortune 500 companies who Denver that offers global, corporate experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investor Relations Manager in Englewood, CO
    Current Employee - Investor Relations Manager in Englewood, CO

    I have been working at Newmont Mining full-time (more than 5 years)

    Pros

    Office culture has shifted from mining veterans to young, high caliber people that creates a collegial atmosphere. Great opportunity to work across functions at Corporate and gain experience with the option to travel worldwide and for expat placement.

    Cons

    Limited work-life balance and political power plays are common.

    Advice to ManagementAdvice

    Offer excellent pay and benefits, which some refer to as golden handcuffs. They should take a note from Netflix on people management to retain top employees and eliminate mediocrity.

    Negative Outlook
    Approves of CEO
  10.  

    Awesome pay and benefits!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Newmont Mining full-time (more than 5 years)

    Pros

    Great people to work with!

    Cons

    Career growth is difficult. Hard to move to other companies unless you are willing to take a cut in pay/benefits. With recent lay-offs, doing more work with less people.

    Advice to ManagementAdvice

    Let's focus on career opportunities/growth within!

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good benefits, but beware of lot's of bureaucracy.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Denver, CO
    Current Employee - Business Analyst in Denver, CO

    I have been working at Newmont Mining full-time (more than an year)

    Pros

    Benefit package for USA domestic post is unbeatable. Great location for a corporate headquarters.

    Cons

    Stressful work environment. Most competent people are not promoted. High performers are not rewarded.

    Advice to ManagementAdvice

    This company has some of the best people in the business, but the company does not do enough to hold on to its best assets.

    Recommends
    Neutral Outlook
    Approves of CEO

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