Newmont Mining

  www.newmont.com
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Newmont Mining Reviews

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

Employee Reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    Challenging and interesting experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager
    Former Employee - Senior Manager

    Pros

    Good compensation package
    Lots of learning opportunities

    Cons

    lack of coherent organizational structure
    work-life balance
    very much a relationship driven organization
    cultural and gender diversity was an issue (may have changed to the better now)

    Advice to ManagementAdvice

    Streamline work processes and clarify roles and responsibilities among departments, regions and consequently positions.
    Matrix organization is not an excuse to have too many overlaps and even more gaps in responsibilities which make increasingly difficult to move projects forward.
    Do something about the "chiefs" to "Indians" ratio - so many "directors" who never managed a single person let alone departments and/or functions.
    Good luck and keep growing profitably!

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Awesome pay and benefits!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great people to work with!

    Cons

    Career growth is difficult. Hard to move to other companies unless you are willing to take a cut in pay/benefits. With recent lay-offs, doing more work with less people.

    Advice to ManagementAdvice

    Let's focus on career opportunities/growth within!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good pay, lots of management bureaucracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Exploration Geologist  in  Elko, NV
    Former Employee - Exploration Geologist in Elko, NV

    Pros

    Good pay, enjoyed the work, likes my co-workers

    Cons

    Lots of management problems, hours working

    Advice to ManagementAdvice

    less interference with day to day activity

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    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
  7.  

    Average

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Work life balance, Friday offs, fair market salary

    Cons

    Inefficient operations, no established processes, lack of business planning and execution expertise, silo, no common culture

    Advice to ManagementAdvice

    Upper management is new, should pay more attention to core competencies

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    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
  9.  

    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
  10.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Environmental Engineer  in  Elko, NV
    Former Employee - Environmental Engineer in Elko, NV

    Pros

    Pay, Benefits, Schedule, Bonus, Work Environment

    Cons

    Meetings, Poor Planning, Job Duties

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Newmont Mining Inc.

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

    Pros

    Great people! Fantastic location. Plenty of new tasks daily!

    Cons

    Company location based in the remote mountain locations.

    Advice to ManagementAdvice

    Keep doing your thing! It works!

    Recommends
    Positive Outlook
    Approves of CEO

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