Richemont Reviews | Glassdoor

Richemont Reviews

Updated July 19, 2017
105 reviews

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3.2
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Jérôme Lambert and Georges Kern
3 Ratings

105 Employee Reviews

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Pros
Cons
  • Work/life balance is not supported in some regions (in 5 reviews)

  • Certain regions do not support the global company culture (in 3 reviews)

More Pros and Cons

  1. "Brand Ambassador"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Brand Ambassador in Grand Prairie, TX
    Current Employee - Brand Ambassador in Grand Prairie, TX
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great, friendly work environment. Flexible hours. Convenient location for anywhere in the metroplex. A lot of freedom to self manage, as long as you can be responsible for yourself and earn the trust of your superiors.

    Cons

    No consequences for doing a bad job, and no incentive for doing a good job. You'll never get a promotion, but you'll never get fired either.


  2. "Zéro vision et stratégie"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Cadre Anonyme in Geneva (Switzerland)
    Former Employee - Cadre Anonyme in Geneva (Switzerland)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Richemont full-time (More than a year)

    Pros

    Prestations sociales intéressantes. Cadre de travail plutôt agréable au siège sociale. Les salaires sont plutôt confortable dépendant de votre poste.

    Cons

    Le manque de vision et de direction du groupe Richemont est en train de tirer les marques horlogères vers le bas. La stratégie de Georges Kern qui consiste à appliquer le modèle IWC à toutes les marques est en train d'uniformiser et de tuer l'identité de toutes les maisons. Appliquer une même recette à toutes les marques montre de façon évidente qu'il ne tient pas compte des spécificités uniques qui font la singularité de chaque Maison. Le modèle pyramidal dans le processus de validation des projets freine la créativité et bloque les quelques personnes compétentes qui détiennent les vrais solutions qui peuvent relancer l'industrie horlogère dans ce groupe. Le conservatisme qu'insuffle le groupe Richemont auprès des Maisons empêche le développement de celles-ci dans un environnement hautement concurrentiel.

    Advice to Management

    Rendre l'indépendance à toutes les maisons pour qu'elles puissent prendre leurs propres décisions et se concurrencer sainement à l'intérieur du groupe. Chaque marque doit pouvoir se développer de façon autonome que ce soit dans ses produits comme dans sa communication. Les clients cherchent de l'authenticité et de la singularité. La politique actuelle va dans le sens inverse. Chaque Maison doit être unique dans tous les sens du terme. Changez avant qu'il ne soit trop tard.

  3. "Richemont"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Bon salaire. Nombreux avantages liés au cadre de travail.

    Cons

    Climat très politique. Tensions liées à la situation économique.

    Advice to Management

    Penser au capital humain.


  4. "Great brands"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Richemont full-time (More than 5 years)

    Pros

    HNWI network building, exclusive events

    Cons

    Lack of longterm career planning by HR, minimal salary increase when promoted

    Advice to Management

    Invest more in your loyal, hard working employees


  5. "Operations"

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

    Pros

    Lots of discounted luxury goods from different brands

    Cons

    Limited future career growth prospects


  6. "Genuinely enjoy working here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Shelton, CT
    Current Employee - Anonymous Employee in Shelton, CT
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Richemont full-time (More than 5 years)

    Pros

    I have a great Team, amazing manager, solid relationship with brands and departments. Senior management will always take the time to meet with you.

    Cons

    They only con is they are slightly behind in the perks, but management is clearly making the effort to make us competitive in this arena, kudos for working on it!

    Advice to Management

    My only advice to management is " Regonize when someone is just getting by, you don't deserve to be here if you aren't making a difference. "


  7. Helpful (2)

    "Human resources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources in Singapore (Singapore)
    Former Employee - Human Resources in Singapore (Singapore)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Richemont full-time (More than a year)

    Pros

    Perhaps staff sale and staff discount. Low productivity. Can hang around doing minimal. Many company and brand event to attend for you to show off if you like

    Cons

    Very difficult and strange culture. Bias towards certain nationality. An mnc that behaves like a sme. No proper processes, systems in place. Primitive way of working. Many manual work. Inefficient legislation with many staff hanging around doing nothing. Low productivity

    Advice to Management

    Change culture. You will not be able to sustain in the long run.

  8. "not good pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Richemont full-time

    Pros

    good environment, challenge job, internal discount

    Cons

    pay is not good but acceptable


  9. "Beautiful Brands"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous in Sydney (Australia)
    Current Employee - Anonymous in Sydney (Australia)
    Recommends
    Positive Outlook

    I have been working at Richemont (Less than a year)

    Pros

    The company owns the absolute most beautiful brands of high jewellery and watches
    Friendly staff, not a large power distance
    A large amount of work tasks to keep everyone busy

    Cons

    Work life balance
    Career progression is lacking because of the relatively small compant size


  10. "Good"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Ability to work in a cool industry

    Cons

    Way too much politics at every level


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