Newmont Mining

www.newmont.com
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There are newer employer reviews for Newmont Mining

 

great company to work for

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Mine Engineer in Elko, NV (US)
Current Employee - Mine Engineer in Elko, NV (US)

I have been working at Newmont Mining full-time (more than 5 years)

Pros

Opportunity for personal development, great people, great safety culture

Cons

operations in the middle of Nevada. lacking off-work options. housing super expensive for small towns.

Recommends
Neutral Outlook
No opinion of CEO

80 Other Employee Reviews for Newmont Mining (View Most Recent)

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  1. 1 person found this helpful  

    Great Pay and Benefits but struggles with leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director
    Former Employee - Director

    I worked at Newmont Mining full-time (more than 5 years)

    Pros

    Company offers some of the best pay and benefits in their industry.
    Bonuses are based on personal performance as well as the companies performance.
    Company offers opportunity to work overseas on foreign assignments
    Company offers longevity and stability as long as you are an "insider"

    Cons

    Performance ratings are run using Success Factors system and then "calibrated" by upper management which often arbitrarily reduces ratings based on overall company performance.
    Corporate HQ has grown exponentially during years of record profits, but growth has not produced increased profitability or functionality. Overhead burden = YES!
    Regional career path is still somewhat dependent on the old boys system and who you know rather than what you know or what you can do. Sad but true.
    HR policies are still based on the carrot and stick (big stick) MBF - management by fear.
    Corporate culture and "Living the Values" are highly touted and used in performance management, appraisals and promotions, but are rarely practised by some of the champions.
    Leadership is highly compensated in their industry but at a time when a "Nutless Monkey" (thanks Tom Cruise!) could have steered a ship successfully through record earnings, poor leadership and decisions led to disasters!

    Advice to ManagementAdvice

    Before cutting positions in a productive region - actually the best producing region in the company, trim the fat and excess in the corporate ivory tower.
    What do "Global Experts" do when you are no longer pursuing new global opportunities?
    If the company is encouraging an uplift in education and experience why choose to retrench to local and time served when making decisions on layoffs?

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Richard O'Brien, WAKE UP to 2013!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Slave in Carlin, NV (US)
    Former Employee - Slave in Carlin, NV (US)

    I worked at Newmont Mining full-time (more than 3 years)

    Pros

    People have flocked to the Elko Nevada area, the Carlin pit mine in my case, to be thankful to have a job. It's a secure thought and has benefits included.

    Cons

    The management, supervisors especially, are basically treating people like slaves to the lowest point, and have a mixed bag of reasons to fire you.It's ok for one person, different for the drinking/fishing pal. They need a standard of acceptance, cut the crap on female harassment, be aware of it, from supervisors to workmates.Supervisors need to follow trained procedures, have a brain, not be a family member of past and move in progression, or an eager idiot who wants a name tag and shove people around.You are losing good dedicated people over ignorance in supervision/policies.They never explain a workers rights in a situation, because most supervisors don't even know them! Profits are #1, safety always #2 until after the fact, they put on a good show to cover their butt first ALWAYS! Train supervisors and HR to today's standards, not make their own as see fit, continuity works great in a workplace!

    Advice to ManagementAdvice

    Get your head out of the sand, it's 2013, not 1935. There is a need to treat workers right, with reason for cause. I would NEVER invest into this outfit, just to line corporate pockets, slavery was supposed to be abolished years ago. If you have a large turnover of workers, maybe look down the line and see really why you're losing them.You spend a fortune on training, why lose them over ignorance on your part?

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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