Newmont Mining

  www.newmont.com
  www.newmont.com

Newmont Mining Reviews

Updated December 16, 2014
Updated December 16, 2014
73 Reviews
2.8
73 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Gary J. Goldberg
23 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)

  • That also means there is little to no career path for those that remain (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 (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
  2.  

    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 (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
  3.  

    It is a moderately good place to work

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

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

    Pros

    Good overall pay levels and decent benefits.

    Cons

    Lack of leadership and employee development.

    Advice to ManagementAdvice

    Add some role responsibility and clarity.

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Good people but a bit disorganized.

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

    I worked at Newmont Mining full-time

    Pros

    Good salary and benefits. Nice people and good working environment. Lot of opportunities to learn.

    Cons

    Lack of organization hurts the progress of the company. Poor large scale decisions bogged down future growth.

    Advice to ManagementAdvice

    Hire more upper level people with technical experience.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    In search of a strategy

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

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

    Pros

    Good, smart people doing interesting work. Pay & benefits in line w/Fortune 500 companies.

    Cons

    Lack of skilled leadership and management at every level. Ever shifting priorities without a sustaining strategy. Poor infrastructure and processes.

    Advice to ManagementAdvice

    Set a course and stick with it. Make day to day operations predictable and replicable.

    Recommends
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Great Pay and Benefits but struggles with leadership

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

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

    Pros

    Company offers some of the best pay and benefits in their industry.
    Bonuses are based on personal performance as well as the companies performance.
    Company offers opportunity to work overseas on foreign assignments
    Company offers longevity and stability as long as you are an "insider"

    Cons

    Performance ratings are run using Success Factors system and then "calibrated" by upper management which often arbitrarily reduces ratings based on overall company performance.
    Corporate HQ has grown exponentially during years of record profits, but growth has not produced increased profitability or functionality. Overhead burden = YES!
    Regional career path is still somewhat dependent on the old boys system and who you know rather than what you know or what you can do. Sad but true.
    HR policies are still based on the carrot and stick (big stick) MBF - management by fear.
    Corporate culture and "Living the Values" are highly touted and used in performance management, appraisals and promotions, but are rarely practised by some of the champions.
    Leadership is highly compensated in their industry but at a time when a "Nutless Monkey" (thanks Tom Cruise!) could have steered a ship successfully through record earnings, poor leadership and decisions led to disasters!

    Advice to ManagementAdvice

    Before cutting positions in a productive region - actually the best producing region in the company, trim the fat and excess in the corporate ivory tower.
    What do "Global Experts" do when you are no longer pursuing new global opportunities?
    If the company is encouraging an uplift in education and experience why choose to retrench to local and time served when making decisions on layoffs?

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Newmont

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

    I worked at Newmont Mining

    Pros

    Considerate to time and weekends off

    Cons

    Grueling work schedule caused people to be irritable

    Advice to ManagementAdvice

    Continue with time-off incentives

    Disapproves of CEO
  9.  

    Good and bad

    • Comp & Benefits
    • Work/Life Balance
    Former Employee - Administration
    Former Employee - Administration

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

    Pros

    Great benefits and pay, better then most other jobs in the area. Variety of training available. Good overall experience.

    Cons

    There tends to be a break down in communication when issues arise. Certain departments run over others. Long hours

    Advice to ManagementAdvice

    Communicate better. Show an interest in the success of your employees.

  10.  

    A good leraning experience

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

    I have been working at Newmont Mining

    Pros

    Several High Profile projects
    Company wanting tio implement significant change

    Cons

    Slow to react and implement change
    Not willing to provide sufficient resources to complet the changes required.
    Lack of suitabkle systems and processes
    salaries not in the upper quartile of the inductry which are affecting the ability to attract and retain top performers.

    Advice to ManagementAdvice

    Significant increases in resources are required to implement the lomg term vision. Failure to pay market leading salaries is affecting the ability to attract and retain top performers.

    Approves of CEO
  11.  

    Good company, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT
    Current Employee - IT

    I have been working at Newmont Mining

    Pros

    Many great things about the company - commitment to safety, environmental and social responsibility - terrific people and pay/benefits - immersion in international cultures

    Cons

    A significant lack in walking the talk regarding the company's value of "developing employees in the pursuit of excellence." In many departments, there was a trend more like "out with the old and in with the new" every time a new manager took over, losing a lot of good people. Morale is going downhill fast.

    Advice to ManagementAdvice

    Listen to employees at all levels, not just your favorites in the 'cliques'

    No opinion of CEO

Work at Newmont Mining? Share Your Experiences

Newmont Mining

 
Click to Rate
or

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