There are newer employer reviews for Newmont Mining
There are newer employer reviews for Newmont Mining

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Helpful (1)

Fast learning and high energy

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Investor Relations Analyst in Denver, CO
Current Employee - Investor Relations Analyst in Denver, CO

I have been working at Newmont Mining

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Everyone is very nice. The company truly takes care of its employees and tries to keep a bridge between upper management.

Cons

The turnover in the company is very high

Advice to Management

I think they do a great job

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  1. Helpful (4)

    Huge jump in salary; uncertain personal desire to stick around for too long.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager of Others in Denver, CO
    Current Employee - Manager of Others in Denver, CO

    I have been working at Newmont Mining

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    - Great pay, great benefits, great global & cultural exposure
    - Great executive leadership that are truly trying to do the right thing
    - A lot of really great people (intelligent, personable, etc)
    - Great non-promotional career development opportunities if you are self-driven
    - Ability to land a position insisting on more experience than you might have; as long as you are a quick learner, have great people skills, and are a good cultural fit into the team dynamic - they'll take a chance on you.

    Cons

    - Holy POLITICS batman! Too many high level Directors with little to no knowledge of the business they are in charge of - busy managing up and neglect actually being good managers.
    - I haven't had a good boss yet. Every manager has been primarily self-interested and focused on promotion with absolutely no focus on the best interest of their employees career development.
    - Terrible talent management. I've referred 5 of of the smartest people I know to open positions with no response from HR. Lots of missed opportunities; usually results in a high-level manager bringing in his/her buddies from a past company.
    - Once again, POLITICS. It may be the nature of a company this size, but I have never seen more grown men in high-level positions act like such children.

    Advice to Management

    The top is pointed in the right direction, and the bottom is executing on target - sort out the bad apples in Director roles and pay more attention to employee retention. Allow more internal growth opportunities instead of pulling all of your buddies in and neglecting the future of the company. 90% of the employees have been there less than 5 years - do you ever stop and wonder why?

  2. Helpful (4)

    At $1800 per ounce one would think they could pay employees more than the contractors.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Battle Mountain, NV
    Former Employee - Anonymous Employee in Battle Mountain, NV

    I worked at Newmont Mining

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    This place has a Bass Akwards compensation structure. The less education you have, the more likely you are to be paid more. The less you know about mining, and the more blood ties you have with employees and contractors and vendors, the more likely you will be a manager. It's a job, but there are other companies that this place contracts work to that pay significantly better and know more about mining. Employees without college education, but who have a relative working here are at a great advantage.

    Cons

    At $1800 per ounce, you think this place would be making enough money to pay employees better, but apparently all of it goes into paying the contractors who are doing the same amount of work. At Newmont prepare to make 30%-60% less than if you're working with a company like SMD or Redpath (both of which pay over $100k). If you're not related to someone working in management, or one of the vendors, you'll never advance. Your best bet is to work for one of the contractors.

    Newmont could probably pay better if they wouldn't have wasted so much money putting the managers, and parts 100+ ,miles away from the mine sites. If the managers thought they could manage a mine 100 miles away from the mine site, why not just run it from Denver? That way they could get rid of the wasted resources in the NARO-minded building.

    Advice to Management

    Pay talented employees more, and get rid of the "here since high school" managers. Not one person in Nevada is actually a licensed professional in a recognized field, but there are sure a bunch of people sitting around in the NARO building who think the have miraculously worked their way into a "profession." Surveyors are not engineers, and until they finish a college program and pass the PE Exam, they never will be. The same holds true for the other wana-be "professionals" who claim to have "worked their way up." Stop wasting money on resources to fill the NARO building and the CAT warehouse and pay your employees working in the field more, or you'll lose them to SMD or other industries.

There are newer employer reviews for Newmont Mining
There are newer employer reviews for Newmont Mining

See Most Recent

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