Newmont Mining

  www.newmont.com
  www.newmont.com
There are newer employer reviews for Newmont Mining

1 person found this helpful  

Great place to get some experienceand then move on.

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

I have been working at Newmont Mining

Pros

You will know more about the mine and how to make gold than the managers very quickly.

Job can be interesting and personally challenging.

Pay and benefits are good for someone out of school. Vacation time earned is better than most.

You can be incompetent and become a manager.

The contacts you make with contractors will land you a better job with another company.

Cons

Good old boys club. If you aren't a relative or best friend of a manager, you will never be respected or trusted.

Most of the management is vastly under-qualified for the job.

They waste millions on projects that a skilled person knows will not work while neglecting obvious low hanging fruit.

Politics.

Most managers are from a mining engineering or metallurgical background but show a surprising lack of understanding how to make gold.

Absolutely zero focus on proper planning. The targets are shifted faster than proper solutions can be implemented.

Our bonuses and raises are getting lower as the profits get bigger.

Advice to ManagementAdvice

Wake up in Denver and get your house in order, then fix Nevada. There is so much potential here. I have seen a lot of talent leave to be replaced with incompetence. Have the technically competent people decide which project to pay for. Stop sending managers to make those major decisions that can't understand the basic, much less detailed aspects of a project. I am tired of it finally. I'm leaving too. Good luck.

Doesn't Recommend
Disapproves of CEO

73 Other Employee Reviews for Newmont Mining (View Most Recent)

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  1. 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
  2. 3 people found this helpful  

    The fancy job title is misleading.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Administrator in Elko, NV
    Current Employee - Business Administrator in Elko, NV

    I have been working at Newmont Mining

    Pros

    There is a strong sense of family between the employees because most of us really got suckered into accepting our "not-as-promised" position. Unfortunately, the only other option is to work at Barrick (for less pay), which I hear is the same story, but less pay, but more competent and respectful managers. The pay is okay if you are a secretary, but it is salaried, so you do not get paid overtime for working 60-70 hours per week (The drive out to the mine is the worst because it too is unpaid), but you do get a small bonus I hear.

    "Formal Business Attire" is nothing more than jeans and a "your favorite football team" windbreaker, and you can usually get away with chewing tobacco during meetings (the same leniency apparently goes for the guys too). However, if you are in a meeting just taking notes, the room is probably a wreck and filthy anyway, and you would look overdressed if you wore slacks or a nice blouse.

    Cons

    I thought the Business Administrator position was more along the lines of a managerial-type job when I was hired, but just a few months into the position I realize I am just a receptionist. Because this place over-titles the positions, I would be cautious of accepting a position, or salary, until you physically observe the person performing the job duties (not just the canned list of job expectations on the website). Many employees are not used to their potential, and I am treated like a clerk by the managers, and my supervisor...all of which seem to have made it into their positions based on who they were buddies with, and how long they have been buddies with them.

    "Formal Business Attire" is nothing more than jeans and a "your favorite football team" windbreaker, and the same goes for the men. This is not what I expected from a Fortune 500 corporation, but the corporate office, and the shareholders apparently have lost touch on what goes on in Nevada.

    Avoid this place like an MSHA investigation, and go work for one of the mining contractors instead if you want to make money and live in the middle of no-where. If you are looking for a a good paying secretary job, you have no ambition, and want to see your education go to waste, Newmont is the place for you. Unless you are in a clique, like another person suggested, put on a good face until the economy picks back up, then get out (as if you will have a choice).You will not make it into a decision-making position unless you have an MBA and work in Denver, or you have lived in Winnemucca your entire life and worked with Newmont for 15 years.

    Advice to ManagementAdvice

    Clean house with the managers in Nevada, or require these people to act and dress like professionals and possess at least a college degree. Be honest and upfront with the positions you are advertising to people and stop giving people fancy titles and empty promises during the interview. A position as a secretary has nothing to do with the "business administration" of a company. A Business Administration position at Newmont is not an "opportunity" for someone if they are looking for an actual business-type position. Also, put a stop to the use of acronyms out here.

    Doesn't Recommend
    Disapproves of CEO
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