There are newer employer reviews for Tiffany & Co.

 

A great product brand, but very unstable corporate setting

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Accounting in New York, NY (US)
Current Employee - Accounting in New York, NY (US)

I have been working at Tiffany & Co. full-time (more than 5 years)

Pros

The company has great benefits

Cons

The salaries are very low and non-management employees do not receive annual bonuses

Advice to ManagementAdvice

Show more appreciation to non-management employees

Recommends
Negative Outlook
Approves of CEO

296 Other Employee Reviews for Tiffany & Co. (View Most Recent)

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  1. 1 person found this helpful  

    Tiffany that was, is not anymore!

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

    I have been working at Tiffany & Co. full-time (more than 8 years)

    Pros

    Benefits, Salary, Recognition, Values, Carrier

    Cons

    Benefits are Fairly good. They used to be good, now they are expensive.

    Salary is good if you started with the Company more than eight years ago. The Company uses what they call PMP (Performance Management Process) to rate each employee. This will dictate what kind of salary raise the employee will have. The bad side of this is, that they will use it they way it will work best for them. Many years ago it was use as a tool to help on the employee individual development, now is used as a tool to control what that employee earns. The PMP was used to recognize the employee's real performance, now is used to point out what the employee is not doing.

    One very interesting thing about the PMP is that I said, it was really used as a personal development tool. In this era it is used to add more responsibilities to the employee. The employee has to choose three things that he/she would like to learn. After the accomplished that they become part of the employee's responsibilities. This goes on year after year. There are no limits for them, but every person has a limit. If the employee can't expand his limits, he will be ruled out.

    The VALUES were focus on having a healthy, friendly, and happy working environment. But DO NOT get sick. If you do, go to work. If you are sick during work, don't leave even if management tells you to go. You will be penalized and they will say that they did not say that. You will get an advisory memo. For those who have kids; watch out for being late because your kid had some trouble at school. Forget about you family or they will get you for that. Just remember that management are the only ones that are allowed to be late or get sick. DISCRIMINATION? After all they are the ones without supervision!

    Watch out for the cameras! The policy states that the cameras will only be used for surveillance purposes. Management uses them to spy on all employees, even though this is ILEGAL.

    Tiffany & Co. was a GREAT company that everyone was proud to be part of. All employees felt that they were valued. All this changed when an investors group took over. Now only money talks. The great values that we were once part of have been changed for money. And money is not bad, actually is very good. Is what you do with it or what you do for it that becomes the bad.

    Carrier wise, non existent!

    Advice to ManagementAdvice

    Lewis Confort Tiffany was a visionary, he knew that his strength was with his employees. So he took that in a serious way, he took care of his employees. Remember that the are the ones that keep you where you are, without them you would have nothing.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Santa's Little Helpers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Seasonal Operations Assistant in Los Angeles, CA (US)
    Former Employee - Seasonal Operations Assistant in Los Angeles, CA (US)

    I worked at Tiffany & Co. as a contractor (less than an year)

    Pros

    + Awesome discount on TCO products
    + Knowledgable Staff and Management
    + Good introduction to the luxury retailing environment, great possibility to learn a lot about the company and their procedures in a very short amount of time

    Cons

    + Seasonal employees are NOT valued or respected, I was called an "Elf" "Santa's Elf" and "Santa's Little Helper" by multiple managers and regular employees.
    + Position responsibilities are redundant, tirelessly technical, and offer very little room for creativity or personal growth. You act as Tiffany's primary wrapping and shipping department.
    + No chance for advancement in this particular situation. During the interview and initial training, all the seasonals were told about the possibilities that we could be hired as regular, full-time employees, but during our time it was made very obvious that positions were not available. None of the seasonal employees from my location, or neighboring locations that I know of were hired regularly, despite high performance remarks. Don't expect a job offer even if you're great.
    + Business Formal dress code. For seasonal employees, it may be a big drawback to invest in expensive, tailored clothing for a temporary position.
    + Retail working schedule, so you work weekends. This is not so bad if it's a temporary stint.
    + Professional training methods are neglected for seasonal employees. You're expected to hit the ground running.

    Advice to ManagementAdvice

    Streamline your training for seasonal employees within the Operations department. We trained with sales professionals, and a lot of the training wasn't as valuable as hands-on instruction in Operations would have been. Everything we needed to learn in Operations was taught in bits and pieces from current Operations staff just as various tasks needed to be completed. Many mistakes could have been avoided if training were focused on operations, and each of the processes were taught from start to finish.

    Recommends
    Negative Outlook
    No opinion of CEO
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