Richemont Reviews

Pros

- Good benefit
- Wonderful brand consolidation
- Good team work spirit

Cons

- The work flow is not well organized

Pros

I only see as an advantage the bargain prices that you can get on jewelries and fancy watches. I can not find any others.

Cons

Things are obsolete in Richemont.
People are not motivated and are trying to move away whenever they can (huge turnover)
there is a lack of consideration for the employees...

Advice to Senior Management

Educate yourself and gain some valuable management skills to put in practice at Richemont. Consider your employees as the biggest assets.
Please stop slacking

Pros

The company offers 401K, health, dental, and vision insurance
Free parking
Ok employee sales if you buy expensive watches, jewelry or leather goods
Horizon day care is on site

Cons

The review process is a joke, no salary raise for a couple years now regardless of the performance

Advice to Senior Management

tried, you don't listen

Pros

Good price on watches, on jewelleries and luxury goods.
Other than that I do not see any good reason to work for Richemont.

Cons

Poor working condition: The management is of poor quality. Employees are not properly considered. On top of that the salaries and bonuses are lower than what you can find on the market.

Advice to Senior Management

Learn how to manage and consider your employees better. Try to be less snobish, lofty and arrogant. Put your feet on the ground

Pros

Free parking available
building is near the TRE rail
lots of windows, bright working space
multi cultural
facility is clean
free coffee
personal locker with lock

Cons

workers often made to do mandatory over time on Saturdays. management tends to be extremely negative. hours are not very flexible.

Advice to Senior Management

management should work on motivating workers positively rather than negatively

Pros

Free coffe & sometimes lunch. Discounts on products

Cons

Horrible place to work. You can make good sugestions, but if you are not one of the "favorite" ones you will be brushed aside.

Advice to Senior Management

Learn to manage, Learn customer service, just learn to be a human.

Pros

bargain on watches and jewelry, other than that I do not see.
Super sales are to me the only good thing about Richemont, in order to prfit from this, you have to like buying luxury watches in that case.

Cons

poor management, low budget, rogue IT, and lofty people.
Lack of diversity.People are not motivated to stay there at all and just feel like going somewhere else when the opportuinity arise.
People's career are in standby there.
There is a big turnover
People are not trained and therefore loose their skills after a while.

Advice to Senior Management

give more respect to your employees. Give them some incentives to retrieve their motivation.

Pros

discount on watches and jewels. Other than that I do not see anything else

Cons

no consideration for their employees.
It is kaotic.
Their matrical organisation does not work at all.

I do not recommend Richemont at you.

Advice to Senior Management

try to be more competent and improve yourself

Pros

Appart from bargain on jewelry and watches, I cannot see any.

Cons

Richemont is a very chaotic company, badly organized and with a bad atmosphere in most department on top of that. Its matrical organisation does not help.

Advice to Senior Management

Give more respect to your employees. Thus you will reduce the turnover, big time.
Be less lofty, snobish and arrogant.

Pros

Benefits. If you are looking for great benefits Richemont is the right place.

Cons

There is no opportunity to grow if you are not French or don't speak French although this is Latin America Division most employees in this division don't speak spanish or even understand Latin culture. On their special events there is a strong feeling of division between European employees and American/Latin employees. If working for "Supporting Department" (ex. Accounting, Human Resources, IT, Warehouse) the division is very strong and there is no working team within department. I came across that one of the supervisor hardly finish High School and it was extremely difficult to work with, not only because of this lack of knowledge on the field but his attitude towards the company. It seems to me that most people were very unhappy with what there were doing and loyalty towards the product didn't exist.

Advice to Senior Management

Don't underestimate employees origin, train future supervisor for such positions, take inconsideration knowledge, education and attitude when opportunities rises, have an open door policy. Build employee loyalty towards the product.