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Old 22.03.2016, 16:43
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Is Glencore a good employer?

Hi my question is self explanatory. I am contracting with one of the top banks in Switzerland on the IT side. I am at the mid management level and been head hunted for a permanent role in Glencore but I am looking at a 20% paycut after factoring holidays, pension, etc.

The plus side of Glencore is that it is a permanent role and offers more stability (especially with the current shake up in the banking system) and there is discretionary bonus (none with contracting). On the flip side, 20% reduction in net salary is substantial. We can make it work but it will be tight for the family.

Would appreciate if people know what it's like to work with Glencore. Cheers
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Old 22.03.2016, 16:58
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Re: Is Glencore a good employer?

No idea about working conditions, I'd be more concerned about job security what with commodities down and Glencore taking a big hit in recent times
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Old 22.03.2016, 17:11
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Re: Is Glencore a good employer?

A good idea is to always check on kununu, see below. From what I see it seems to be not as stable as what a regular Swiss company offers. Also the score is lower with 2.8 than say 3.5 for ABB or Roche at 3.7. Maximum is 5.


https://www.kununu.com/ch/glencore-i...al1/kommentare
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Old 22.03.2016, 18:02
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Re: Is Glencore a good employer?

I doubt it unless you are on first name terms with Ivan Glasenberg and even then I`d think that if you are looking for stability (and working in that sector) you aught to know better than ask silly questions like that.
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Old 22.03.2016, 18:04
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Re: Is Glencore a good employer?

Check out www.glassdoor.com for reviews, salaries, benefits, interviews, etc.

Rated 3.5 out of 5.

https://www.glassdoor.co.uk/Reviews/...ews-E12231.htm

Good luck in your decision
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Old 22.03.2016, 18:11
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Re: Is Glencore a good employer?

Their staff turnover is pretty high and days are long. They have over 200 data centres and more than 600 Exchange servers, one of which is sitting in a mine somewhere.
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Old 22.03.2016, 18:59
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Re: Is Glencore a good employer?

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A good idea is to always check on kununu, see below. From what I see it seems to be not as stable as what a regular Swiss company offers. Also the score is lower with 2.8 than say 3.5 for ABB or Roche at 3.7. Maximum is 5.


https://www.kununu.com/ch/glencore-i...al1/kommentare
Not sure why I am missing it but where do I see the overall score? I only see the individual employees scores.
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Old 22.03.2016, 21:25
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Re: Is Glencore a good employer?

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Not sure why I am missing it but where do I see the overall score? I only see the individual employees scores.
To see the average you have to go to the main page, type "Glencore" then "Enter" and it will appear on the top left side. They call it the "kununu score".


As a personal opinion: If my name was keai 可爱 I wouldn't go there


(keai means cute or lovely in Chinese)
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Old 22.03.2016, 21:39
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Re: Is Glencore a good employer?

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No idea about working conditions, I'd be more concerned about job security what with commodities down and Glencore taking a big hit in recent times
"You buy stocks when they are cheap, not after they have appreciated".

Glencore had terrible years in 2014 and 2015, they hit rock bottom. I believe it's more safe to be hired now than one or two years ago.
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Old 22.03.2016, 21:42
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Re: Is Glencore a good employer?

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Hi my question is self explanatory. I am contracting with one of the top banks in Switzerland on the IT side. I am at the mid management level and been head hunted for a permanent role in Glencore but I am looking at a 20% paycut after factoring holidays, pension, etc.

The plus side of Glencore is that it is a permanent role and offers more stability (especially with the current shake up in the banking system) and there is discretionary bonus (none with contracting). On the flip side, 20% reduction in net salary is substantial. We can make it work but it will be tight for the family.

Would appreciate if people know what it's like to work with Glencore. Cheers
I remember the night of the free Rolex. Enough said.
Not a bad place to work. Expect a 20K sign-on for finding the front door.
Good name to have in your back pocket. Would do it again.
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Old 22.03.2016, 22:10
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Re: Is Glencore a good employer?

Those days are long gone.
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Old 22.03.2016, 22:13
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Re: Is Glencore a good employer?

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I remember the night of the free Rolex. Enough said.
Not a bad place to work. Expect a 20K sign-on for finding the front door.
Good name to have in your back pocket. Would do it again.
Don´t think the sign on bonus is on nowadays. Unless you are a higher level executive
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Old 22.03.2016, 22:30
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Re: Is Glencore a good employer?

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Those days are long gone.
Which is gone?
The watch yes
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Old 22.03.2016, 22:31
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Re: Is Glencore a good employer?

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Don´t think the sign on bonus is on nowadays. Unless you are a higher level executive
The sob is still there.
Well it was last year.
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Old 23.03.2016, 10:35
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Re: Is Glencore a good employer?

Commodity prices have recovered quite a bit (e.g. copper) so the outlook for Glencore is not too bad, whereas Credit Suisse announced today that they will shred another 2000 jobs.


Interestingly I found the following warning on their home page under jobs section (Glencore):


"BEWARE - Recruitment Scams!
Recruitment scams are a type of advance fee fraud in which fraudulent organisations or persons posing as recruitment agents or employers require advance payments from job seekers or ask them to receive and remit payments from/to third parties.
Glencore has been informed that on a number of occasions, job seekers have received unsolicited job offers and interview invitations related to Glencore in which advance payments or payment transfers have been required. Any communication received of this kind should be treated as spam and deleted immediately. Genuine communication related to recruitment by Glencore will never require the job seeker to make payments at any point in the recruitment process."
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Old 23.03.2016, 10:47
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Re: Is Glencore a good employer?

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To see the average you have to go to the main page, type "Glencore" then "Enter" and it will appear on the top left side. They call it the "kununu score".


As a personal opinion: If my name was keai 可爱 I wouldn't go there


(keai means cute or lovely in Chinese)
Maybe that's what Glencore needs

Thanks, i did click around yesterday but did not see the overall rating. See it now. Thanks again!
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