Richemont

  www.richemont.com
  www.richemont.com

Richemont Reviews

Updated October 14, 2014
Updated October 14, 2014
22 Reviews
2.3
22 Reviews
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Richemont Chairman & CEO Johann Rupert
Johann Rupert
7 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    "Terrible" place to work for employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Seoul (South Korea)
    Current Employee - Anonymous Employee in Seoul (South Korea)

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

    Pros

    Only one advantage of staff discount on fancy jewellery and watch. Cannot find any others.

    Cons

    Too many things to be listed.
    1) "Not organized". Remember clearly Richemont has company rules & regulations for all brands, but these are not respected by brands with insistng on having each brand own way; nasty, pushy, some even said untruth according to their position.
    2) "NO mutual respect" between richemont and brands, No respect for employees.
    3) Enhance transparency in performance process. Not given clear feedback from it
    4) Horrible internal politics. Not professional approach by senior managements.

    Advice to ManagementAdvice

    Senior managements should have more respect for employees, and need to realize quickly employees are great asset for business growth, not only fancy products.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 5 people found this helpful  

    Unfortunate experience, there is a better place than Richemont

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Geneva (Switzerland)
    Current Employee - Project Manager in Geneva (Switzerland)

    I have been working at Richemont full-time

    Pros

    staff discounts - that's the only thing I can think of.

    Cons

    Horrible internal politics; no many opportunities for career advancement; no respect for employees.

    Advice to ManagementAdvice

    Do respect and value your people. Enhance transparency in your hiring process.

    Doesn't Recommend
  3. 1 person found this helpful  

    unmotivating environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT Platform Manager in Geneva (Switzerland)
    Current Employee - IT Platform Manager in Geneva (Switzerland)

    I have been working at Richemont

    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 ManagementAdvice

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

    Doesn't Recommend
    Disapproves of CEO
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  5. 2 people found this helpful  

    Unfortunate experience

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

    I have been working at Richemont

    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 ManagementAdvice

    tried, you don't listen

    Doesn't Recommend
    No opinion of CEO
  6. 1 person found this helpful  

    Hell would certainly be a better place to work at.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Citrix Architect in Geneva (Switzerland)
    Current Employee - Citrix Architect in Geneva (Switzerland)

    I have been working at Richemont

    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 ManagementAdvice

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

    Doesn't Recommend
    Disapproves of CEO
  7. 3 people found this helpful  

    Don't take a job at Richemont/Cartier

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Watchmaker in Fort Worth, TX
    Former Employee - Watchmaker in Fort Worth, TX

    I worked at Richemont

    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 ManagementAdvice

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

    Doesn't Recommend
    Disapproves of CEO
  8. 2 people found this helpful  

    I do not recommend Richemont as an employer at all. It is a waste of time as you cannot make things move further.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager in Geneva (Switzerland)
    Former Employee - Project Manager in Geneva (Switzerland)

    I worked at Richemont

    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 ManagementAdvice

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

    Doesn't Recommend
    Disapproves of CEO
  9. 2 people found this helpful  

    Do not waste your time going to Richemont

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - IT Project Manager in Geneva (Switzerland)
    Former Employee - IT Project Manager in Geneva (Switzerland)

    I worked at Richemont

    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 ManagementAdvice

    try to be more competent and improve yourself

    Doesn't Recommend
    Disapproves of CEO
  10.  

    Only consider Richemont as a last resort

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

    I have been working at Richemont

    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 ManagementAdvice

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

    Doesn't Recommend
    Disapproves of CEO
  11. 3 people found this helpful  

    Richemont Latin America = ARROGANCE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Support Department in Miami, FL
    Former Employee - Support Department in Miami, FL

    I worked at Richemont

    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 ManagementAdvice

    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.

    Doesn't Recommend

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