Social
An attractive employer
Nurturing distinctive luxury craftsmanship, enabling a creative and innovative spirit, and empowering its people to grow is key to Richemont’s purpose to craft the future.
Employees are supported through high-quality benefits, including life & permanent disability coverage, medical coverage, parental leave, employee assistance programmes, business travel assistance and a Long Service Awards programme.
Richemont has been recognised as an attractive place to work, gaining independent awards during the year. These include being named by Forbes as one the World’s Best Employers and one of the World’s Top Companies for Women, and by Universum as one of the Most Attractive Employers in Switzerland for Students, one of the Most Attractive Employers in France for Professionals and one of the Most Attractive Employers in China for Students.
Human capital development
Richemont is dedicated to providing equal opportunities to its employees in order for them to grow, through a variety of actions, including performance reviews, career mentoring, and development programmes.
Preserving special craftsmanship is critical to building a sustainable luxury industry and Richemont is committed to playing its part. The Group supports an extensive apprenticeship programme in Switzerland. In parallel, Richemont Americas launched the Laureus Acceleration Programme in 2021 to promote better access and understanding of the luxury business to students from disadvantaged backgrounds.
Diversity & equal opportunity
By nurturing a diverse workforce, Richemont fosters collegiality, solidarity and loyalty and respects the personal characteristics of employees. With colleagues in 40 countries across five regions – Europe, APAC, Americas, Japan, MEIA – Richemont focuses on fostering a welcoming environment for everyone irrespective of nationalities, genders, diverse cultures, and educational backgrounds.
This year, Richemont achieved a major milestone gaining EQUAL-SALARY certification at a global level, verifying that its employees are paid equitably across genders in every market where it operates, excluding YNAP and sites in Russia. The global EQUAL-SALARY certification is valid for three years. In parallel, the Group continuously promotes gender balance, with female employees representing 58% of the total workforce and 50% of management positions.
40 000+
employees
130
nationalities
58%
female employees
50%
female managers
Health & safety
The Group’s Health and Safety Management System is underpinned by the Group Security Policy and sets out responsibilities and rules covering all Richemont employees. The system complies with international and local laws, the International Labour Organisation’s guidelines, SA8000, as well as the Group’s Health and Safety Standards, to ensure that Richemont contributes to providing safe and healthy workplace conditions, prioritising the protection and safety of employees and consulting employees and other interested parties on matters affecting their health and safety.
Richemont has proactive measures in place to mitigate occupational risks and promote physical and mental health for employees, stakeholders and communities. The Group’s dedicated reporting tools cultivate a culture of workplace safety across the business.