Newmont Mining Reviews

Updated August 27, 2014
Updated August 27, 2014
67 Reviews

3.4
67 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
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. 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

    I have been working at Newmont Mining full-time for more than 5 years

    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
  2.  

    Challenging and interesting experience.

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

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

    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.  

    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

    I have been working at Newmont Mining full-time for more than 5 years

    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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  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

    I worked at Newmont Mining full-time for more than 5 years

    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.  

    Awesome pay and benefits!

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

    I have been working at Newmont Mining full-time for more than 5 years

    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
  7.  

    Average

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

    I have been working at Newmont Mining

    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

    I have been working at Newmont Mining as an intern for more than a year

    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

    I have been working at Newmont Mining full-time for more than a year

    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.  

    Stressful, unfocused work environment. Directors and Executives have huge egos. Very short staffed after recent layoffs.

    • 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 full-time for more than 5 years

    Pros

    Most people are very nice

    Cons

    Managers, directors and executives have big egos, and don't work well with others. Executives preach "One Newmont", but separate themselves from average employees. Pay is behind industry standards for lower level employees. Work environment is very fast paced, stressful, and unfocused, yet it takes months for directors and executives to make decisions. Good employees leaving in droves due to poor management and unreasonable work load after recent layoffs, which just gets worse as more employees leave for better positions. No one is allowed to say no, and employees will go from one person to the next until they get what they want. No advancement opportunities for employees below manager level. Benefits package gets worse every year, with health insurance costs and deductibles rising more than 5 times this year alone. Its all about who you know, not what you know at Newmont. Too many directors with too little work to do, most just move information from their employees to the executives, and micromanage their employees to death. Elitist and entitled culture where executives rule like spoiled children.

    Advice to ManagementAdvice

    Get focused and concentrate on holding onto good employees. Review compensation and benefits, you're taking advantage of your low level employees. Treat your employees with more respect and maybe you will get some in return.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    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

    I worked at Newmont Mining full-time for more than 3 years

    Pros

    Pay, Benefits, Schedule, Bonus, Work Environment

    Cons

    Meetings, Poor Planning, Job Duties

    Recommends
    Neutral Outlook
    No opinion of CEO

Worked for Newmont Mining? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.