Newmont Mining

  www.newmont.com
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Newmont Mining Reviews in Denver, CO

Updated August 6, 2014
Updated August 6, 2014
67 Reviews

3.4
67 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Gary J. Goldberg
18 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)

  • Hard to make decisions and get work done (in 3 reviews)

More Highlights

27 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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

    Pros

    Benefits, traveling, resources, perks, people

    Cons

    Gold prices, long hours, long commute, management style

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Good lateral career development; great people to work with

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

    Pros

    There are always interesting projects and opportunities to learn and grow on the job. The workforce is highly intelligent, and they care. We put out quality, leading edge work in many spaces

    Cons

    The Board of Directors and Executive Team are twitchy - the tides of where to head seem to change frequently (~18 months). We've done layoffs around the world for the past 3 years. We have a hierarchical culture that looks for senior advice and go-ahead, unfortunately, with a fair amount of fear underneath of it.

    Advice to ManagementAdvice

    Consider what picture to paint of the company 5-10 years from now. We're very short term minded. Focus on the behaviors that will be productive and build relationships.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Not the most stable place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Procurement  in  Greenwood Village, CO
    Former Employee - Procurement in Greenwood Village, CO

    Pros

    Flexible work schedule, Decent pay

    Cons

    "Good ol' boys" environment, People are in cliques like high school , Regular lay-offs, Far too many employees who are unprofessional

    Doesn't Recommend
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    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

    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
  6.  

    Lack of Direction

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

    Pros

    Great people and benefits.
    Work is interesting.

    Cons

    Lack of focus
    Lack of leadership

    Advice to ManagementAdvice

    Build a long term plan and vision

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 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

    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
  8.  

    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

    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
  9.  

    Old and Getting Older

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

    Pros

    There are some really good people still left in the organization, and those that are left really do want to contribute and add value. The compensation and benefits are very good, which makes it a difficult decision to leave when that time comes.

    Cons

    The company does not value its people or what they bring to the table. It is growing increasingly old and is migrating towards the 19th century rather than the 21st century in almost every way (technology, culture, management style, etc). Skill sets are rarely looked at or considered, rather they make decisions based on how much gray hair a person has. New ideas, skills, technologies and ways of doing work are rarely considered. The company is dying as a result. Extremely top heavy in the management ranks as well.

    Advice to ManagementAdvice

    Clean house! Eliminate the bulk of the executive management and delegate to those that know the business and know what is really happening in the organization. Invest in people and technology, and match people to roles based on skill sets.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    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

    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
  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

    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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