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Richemont
2.0 of 5 14 reviews
Geneva, Switzerland 5000+ Employees
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Richemont Reviews

18% of employees recommend this company to a friend
Richemont Chairman & CEO Johann Rupert

80% Approve of the CEO

Johann Rupert

5 ratings
14 employee reviews
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Updated Feb 4, 2013

Working at Richemont

Current

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

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Unfortunate experience

Current

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

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Don't take a job at Richemont/Cartier

Former

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.

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Richemont Latin America = ARROGANCE

Former

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.

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Luxurious environment to work in

Former

Pros – Large MNC with different nationalities at one place providing a cosmopolitan working environment

Cons – Individual brands work within their own department instead of coming together as a company

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One of the best work-life balance in the area

Current

Pros – The overall work-life balance is positive, the perks are quite good, though not extraordinary, the work environment is very stable

Cons – There are too little chances for career development in the IT area; not a particularly stimulating nor challenging environment; no external training; very hierarchical organisation

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Professional and personal devleopment under skillful guidance

Current

Pros – Great heritage and traditions surround this company's work and management. A pleasure to experience

Cons – Poor prioritization and organisation management

Advice to Senior Management – Drive the company as the multinational that it is. Old-school management style, miicro management etc does not bring any favours to the employees.

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Great way to learn about the luxury market

Former

Pros – - Prestige associated with working with a company with such a brand portfolio (Cartier, Lancel...)
- A world leader in luxury marketing

Cons – - Not many opportunities in term of professional development
- A lot of "egos" in the luxury business
- Too much independance between the brands

Advice to Senior Management – - The company should become more "professional"
- It should be more fair when its offering promotions
- It should give more feedback

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unmotivating environment

Current

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

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The circumstance is relatively fair and enjoyable

Current

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

Cons – - The work flow is not well organized

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