Something terribly wrong with Company’s Culture & the flow of revenues to the employees at the end of year. - Watchmaker Swatch Group Employee Review

1.0
8 Nov 2018
Recommend
CEO approval
Business outlook

Pros

The people you work with here are great people. Most of the companies employees are not born in America, and they are all hard working people. They deserve to be treated better financially. You get 50% off watches but that’s the same discount they give to jewelry stores and watch-house companies. If you need to service your watch you get 50% off, but they give jewelry stores and watch houses %60 off. Seems to me they treat the jewelry stores/watchhouses better than their own employees. I can get a better deal or the same from one of the jewelry store/watchhouses that work with Swatch US knowing they get the same price. If your in sales you love this company. They give the sales representatives 20K bonus a year. You could have a GED education and make 120K a year and don’t know how a watch works, functions, if its mechanical or quarts. There is so much income coming up from other departments, like watch services, there is enough money to go around to all sales representatives. Most of the sales representatives are born in America. Working hours are less than 4hrs a day with 2 hour lunches.

Cons

THERE IS NO ANNUAL ADJUSTMENT TO INFLATION SO SALARY YOUR DOES NOT CHANGE. Some departments are pushed for higher & higher production but no incentives. Employees are stressed-out because of production and get nothing for it. With the amount of volume of work there should be enough money for EVERYONE to get an inflation adjustment of +3% on their salary plus a yearly bonus, but this not happen. This is a dead end job. No company culture. Not a Swiss company but an affiliated with Swatch Group in Switzerland. Every Swatch Group is there own entity in that country. Swatch Groups in Europe are paid higher wages and treated better than in USA. Every year they take something away or change something, example: changed to a cheaper Health Insurance company, took away some holidays (MLK day), limited to amount of watches you buy from discount which you cant sell until you leave the company. Upper management are all sales people and only take care of sales people. Upper management doesn’t think watchmaking / polishing is a profession or skill.

Explore other reviews about Swatch Group

5.0
24 Feb 2025
Recommend
CEO approval
Business outlook

Pros

Loved working here Friendly co-workers

Cons

No cons on my end

3.0
1 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Flexible Time Off. Easy Environment

Cons

No on site Gym or ammenities

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