Movado Group
3.3 of 5 30 reviews
www.movadogroupinc.com Paramus, NJ 1000 to 5000 Employees

Movado Group Reviews

Updated Feb 12, 2014

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3.3 30 reviews

                             

85% Approve of the CEO

Movado Group President, CEO, and Director Efraim Grinberg

Efraim Grinberg

(13 ratings)

68% of employees recommend this company to a friend
30 Employee Reviews
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2 people found this helpful  

Decent work/life balance, poor pay and benefits

Manager (Current Employee)
Paramus, NJ

I have been working at Movado Group

ProsWork/life balance is decent. Not many people work late hours - most leave at 5 or 5:30, even top management.
Decent employee discount.
Very casual dress code.
Summer Fridays.

ConsBenefits are very expensive.
Salaries are below average for Bergen County.
"Good old boy" network. It's not what you know, it's who you know.
Too many closed door meetings.
HR management is terrible.

Advice to Senior ManagementStop all the closed door meetings - after all the layoffs it just makes employees more paranoid.
Make benefits package more competitive.
Improve communication between CEO and President to rank and file. Eliminate the class system.

No, I would not recommend this company to a friend

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Movado Co. Store - I enjoy working for Movado but it is not somewhere I would want to stay after I graduate.

Third Key (Current Employee)
San Marcos, TX

I have been working at Movado Group

ProsSales experience, well known product, networking with great clientele, small staff size, fun and laid-back work enviroment, hourly wage is extremely competitive compared to similar retail stores in the area.

ConsNo raises, commission bonus plans do not adequately reward sales associates from smaller revenue stores even if they are consistently hitting their monthly budgets. Outdated inventory system can be frustrating and administrative staff tend to be condescending to line level employees and store level managers. I feel like they think they are in a more prestigious position than what they really are, and are slow to go out of their way to help track down product and transfer product.

Advice to Senior ManagementUpper management needs to realize that quick decisions that are not thought through well, can result in exponentially more work for line level staff and store-level mangement. Put yourself in the shoes of a store manager before you significantly alter his/her daily responsibilities regarding budget, paperwork, and enforcement of new policies.

Allow store managers to run their stores how they want, including time-off, daily scheduling, lunch allowances, budgets, and access to the computer and internet.

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2 people found this helpful  

Great First Start

Anonymous Employee (Current Employee)

I have been working at Movado Group full-time

ProsFriendly environment (for the most part), Great recognition for work done, Dress Code, Not very strict.
Though there are a lot con, the place is actually fun to work at.

ConsHit or miss management. Senior designers aren't given enough say. Not design oriented as much as should be. Design is business oriented, which leaves inovation left to side. The result is pretty much the same stuff being pumped out. There is a lot of talk about transparency, but there really isn't much. Late nights become a norm. Always talk about improvements, but theyre always VERY far down the road. All the focus is about Movado, with rarely any mention of the great work license brands do other than their numbers. HORRENDOUS discount. Designers do not receive watches they design and there is pretty much no mention of them once the design process is done.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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It's great if you're in "the clique"

Anonymous Employee (Current Employee)

I have been working at Movado Group

ProsSummer Fridays, employee discounts, casual dress code, staff (not senior management).
Most people don't work very late.

ConsFavoritism abounds. Senior Management is aloof and distant unless you are in the charmed circle.
Benefits are expensive. Salaries are low for the area. Clique-ish.

They make you submit pay stubs from your last job before they make a final offer, which I have never heard of before or since.

Advice to Senior ManagementBridge the chasm between senior management and the rest of the staff. Stop all the closed door meetings (agree with the previous reviewer - creates an atmosphere of paranoia).

No, I would not recommend this company to a friend

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Place to work!

Anonymous Employee (Former Employee)

I worked at Movado Group

ProsCareer growth opportunity, commission payouts were great!

ConsSlow peaks require cold calls

Yes, I would recommend this company to a friend

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Great Place to work to learn retail sales

Sales Representative (Current Employee)

I have been working at Movado Group

Pros- Fair Pay
- Great opportunity to gain some experience in retail sales
- Free watch for employees
- A relaxed environment in most locations

Cons- Low commission percentages on sales
- Customers are usually pretty snobby
- Little room for growth
- Can be boring at times

Advice to Senior ManagementAdvance from within the company as opposed to hiring from the outside. This will give employees a sense of direction while working.

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Ok

Anonymous Employee (Former Employee)

I worked at Movado Group

ProsOk for short term employment, under 5 years

ConsNo advancement. Typically hires externally

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Hard work, company constantly wanting more, no holidays or weekends off with family

Anonymous Employee (Former Employee)

I worked at Movado Group

ProsGreat bonus- if you can make them
Great discount
Good employee benefit package
Good communication from HR department
Good profit sharing matching amount

ConsCannot take weekends off without missing bonus opportunity
No help with employees fighting over clients
No company advancement opportunities
Only good as your last sales day.....
No way to balance work and family...great job for a single person

Advice to Senior ManagementLearn to give at least one holiday weekend off a year to your management team. Sales are not as important as retaining good people over the long run. Support your management team with HR issues regarding hourly employees. Let employees who are salaried work a regular work week and take a lunch break out of the store.

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Good, if you work in the outlet!

Key Holder (Current Employee)

I have been working at Movado Group

ProsGood pay, compared to other companies.

ConsClienteling, need to be on the phone calling customers if it is slow.

Advice to Senior ManagementDon't blame the employees for low sales is the whole company is doing bad!

Yes, I would recommend this company to a friend

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Ass. Store Mgr.

Anonymous Employee (Current Employee)

I have been working at Movado Group

ProsOrganized strong ethics place of employment. Upper Management was very strong and understanding. Over all very good company to work for.

ConsTo much saturation of product.

Advice to Senior ManagementStay focused on what you know best.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Movado Group reviews and ratings — including employee satisfaction and approval rating for Movado Group CEO Efraim Grinberg. All 30 reviews posted anonymously by Movado Group employees.