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Diversity and equal opportunities

Diversity and equal opportunities means creating a work environment which allows all our employees to fulfil their potential.

We seek to foster a culture in which our employee-related decisions, whether it be hiring, training or promotion, are taken based solely on an individual’s ability and contribution to Richemont’s success, irrespective of gender, race, disability, sexual orientation or any other aspect of their identity.

Our commitment to equal opportunities is embedded within our Corporate Social Responsibility Guidelines and is detailed in the Employees Code of Business Conduct.

We will not tolerate harassment or any behaviour which creates a hostile, offensive or intimidating environment for our employees. These guidelines clearly set out our approach to breaches of our policy, which will lead to a process of investigation and where appropriate, summary dismissal.

In 2007/08, we have improved our whistle-blowing policy by allowing employees to raise concerns about breaches of any aspect of our Guidelines directly with senior management. To the extent practicable and permissible by local law, Richemont will respect the privacy and confidentiality of employee reports. Employees will not be discriminated against because they have reported suspected breaches in good faith. Whistle-blowing reports are monitored by Internal Audit.

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Management includes experienced managers who are responsible for leading a department or recognised experts in his/her field of responsibility.

Flexible working

Richemont recognises the importance of enabling employees to balance the needs of work and life outside work. Flexible working is an option that many of our Maisons offer to employees. We find that flexible working is most popular amongst our sales and retail staff.

Case Study: Fostering diversity at Vendome Distributors (Pty) Ltd, South Africa
Cartier logoOur operations in South Africa cover product distribution, sales through three flagship boutiques and some technical staff responsible for after sales care.

Developing talent regardless of race or gender is a key priority for us as we reflect social changes in the country and among our customers. Over 60% of our employees are women across all employment grades including senior management and 75% of our boutique managers are female. Currently, around 40% of employees are non-white, including management representation. Diversity training forms a significant element of our training expenditure, including outreach programmes to help provide employment opportunities to all sections of society. Employing a diverse workforce both in terms of gender and race has contributed to the continued success of our operations in South Africa.