Newmont Mining Reviews

Updated March 13, 2015
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2.6
34 Reviews
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Gary J. Goldberg
16 Ratings

34 Employee Reviews

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  1. Enjoyed working at Newmont for the most part - we had a good team.

    • 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

    I have been working at Newmont Mining

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    They have good benefits, good pay and were a good global citizen considering they are a mining company. They employ a variety of top-notch, educated employees.

    Cons

    Amazing amount of layoffs considering their business is doing well, creating very low employee morale. Getting rid of key employees as well as mailroom workers and almost every administrative assistant. I didn't experience much personal growth there, but overall enjoyed my job. Also had such a large workload that I worked through lunch regularly and stayed late regularly, so not a great work-life balance.

    Advice to Management

    Why so many layoffs, esp. of so many loyal, low-salaried employees? The people left behind are having to knock themselves out picking up the slack. The upper management, with their enormous salaries, fancy trips, private plane, etc. are certainly not having to cut back at all. It's a shame - used to be such a great company to work for,.

  2. Great site teams, very detached corporate office

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

    I worked at Newmont Mining

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Very good leadership training and development opportunities for director and above. Very good pay and benefits packages and 4 day 10-hour/day work weeks in corporate office.

    Cons

    Leadership retreat invitations for executives were not extended to certain level or area of responsibility, but to whom was "in" or friends with the right C-Suite executives. Very much a boys club, though a few women have been promoted to senior position over last two years. Forced ranking during reviews even of small teams whose performance may exceed goals. Lots of very well-paid executives at the corporate office who are never held accountable for results.

    Advice to Management

    Take a hard look at your project capital spend (not EPC and development capital, but all the other projects that add up quickly) and audit AFTER the projects to determine performance of project sponsors. Do not engage in yet another failed "performance improvement" initiative until you determine why all others have failed over past 20 years.

  3. Tough environment for working. Employee morale low for last three years.

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

    I worked at Newmont Mining

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Total benefit package. No opportunity for development. SAP implementation has taken over during last three years with no end in sight.

    Cons

    Environment is not employee friendly. Long hours no work life balance. No opportunity for development. Management.

    Advice to Management

    Start working together.

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  5. Helpful (1)

    Since O'Brien left...nothing good to say about leadership

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

    I have been working at Newmont Mining full-time (more than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Compensation and bonuses were great. You could always count on leadership setting up easy targets to exceed 100 percent bonus; they really know how to line their pockets ...and those employees that still work there....all while they take the company apart piece by piece.

    Cons

    Since inception of SAP and new leadership in the last few years, Newmont was no longer a great place to work. For the last three years, semi-annual lay-offs, with more to come. No one is safe, except top executives and senior leaders.

    Advice to Management

    Stop keeping laying off the people doiing the work and get rid of senior leadership that are making the decisions. Stop trying to bring all Rio Tinto employees on board.

  6. Ethical, committed business, Got fat, needs to get back to basics.

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

    I worked at Newmont Mining full-time (more than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Good people, good work environment, keeps abreast of latest trends in work management, good benefits
    Strong business processes.

    Cons

    Became a larger organisation during period of increasing gold price, with many roles not necessary.
    Large Head office and regional offices duplicating effort and diluting direction.
    Due to detailed of business processes can lead to lack of responsive to opportunities.

  7. Helpful (2)

    Newmont Corporate is a disaster

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

    I worked at Newmont Mining full-time (more than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Many, many good people. Not all, but many.

    Cons

    Absolutely no leadership. The disconnect between the 'head' and the 'hands' is so great as to be difficult to fathom. Laughable if it didn't impact hard working folks - they keep having layoffs of 'the little people' but keeping full cadre of 'executives.' Without workers, what is all that management managing/

    Advice to Management

    Hang out the for sale sign if you can't run the business like you wish for it so succeed.

  8. Helpful (3)

    Toxic and contentious place to work. Stay away or wait to be layed off.

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

    I have been working at Newmont Mining full-time (more than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good benefits, though they continue to erode. Depending upon the department and manager, some are much better than others. Stay away from IT and accounting. Terrible leadership! If you can even call it that.

    Cons

    Terrible atmosphere of fear, retaliation, lack of accountability, lack of progress. CIO literally yells at people, and acceptable since there have been numerous complaints to HR...IT dept is clueless and people are so far over their heads it's absurd. The egos are unparalled, but without cause or reason. People in upper positions act entitled, rushing to fix things for the execs, but leave the regular people to fend for themselves and without resources or tools.

    Advice to Management

    Fire you whole executive staff and start over. You hired a CFO who had been fired, then she promoted the guy who overran the SAP project by 350% and has no idea what's going on in the company, but none of the execs do, they just stay in their glass castles and beat to a different and far superior benefit and payroll drum.

  9. Helpful (1)

    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

    I have been working at Newmont Mining full-time (more than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.

  10. Helpful (1)

    Top Heavy and Mis-managed

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

    I worked at Newmont Mining full-time (more than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The benefits are extremely good, which makes it difficult for employees to leave, even when there is nothing left for them to do and nowhere for them to go career-wise.

    Cons

    There are WAY too many senior executives - and they continue to hire more. That could be a result of the existing executives being extremely poor at running the company. However, hiring more is not the solution, cleaning house is the solution.

    The mining industry is on the decline, so there is less and less work for the employees to do, so the company is WAY over staffed for the work to be done. That also means there is little to no career path for those that remain.

    Advice to Management

    Trim the fat now, starting with the management ranks.

  11. Not the most stable place to work

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

    I worked at Newmont Mining as a contractor (less than a year)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    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

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