Newmont Mining

  www.newmont.com
  www.newmont.com

Newmont Mining Reviews

Updated 16 December 2014
Updated 16 December 2014
73 Reviews
3.0
73 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Gary J. Goldberg
23 Ratings

Review Highlights

Pros
  • Company offers some of the best pay and benefits in their industry (in 9 reviews)

  • Great pay, great benefits, great PTO, 9/80 work schedule (in 6 reviews)


Cons
  • Limited work-life balance and political power plays are common (in 4 reviews)

  • That also means there is little to no career path for those that remain (in 3 reviews)

More Highlights

Employee Reviews

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  1.  

    good work environment

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

    I have been working at Newmont Mining

    Pros

    Great team that works well together. Everyone is willing to help employees grow in there respective fields

    Cons

    Un-easiness in job security. Get told 1 year that lay-offs are over and 9 month later are told to we are doing it again.

    Advice to ManagementAdvice

    Get all information together before making decisions. Get back to being the leader in the industry instead of following along with our peers.

    Doesn't Recommend
    Neutral Outlook
  2.  

    Top heavy

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

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

    Pros

    Wide variety of things to get involved with

    Cons

    layoffs for 3 years straight, executives rule by fear, morale is awful

    Advice to ManagementAdvice

    Spending is out of control in some departments, too much waste

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Great company to work for with interesting and challenging projects.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Project Manager in Paramaribo (Suriname)
    Former Employee - Senior Project Manager in Paramaribo (Suriname)

    I worked at Newmont Mining (more than 5 years)

    Pros

    Solid, well established company offering competitive salaries, good benefits, and rewards for good performance and delivering positive results. Some great co-workers who are dedicated and passionate about their jobs. Safety is a top priority throughout the company. Management encourages growth and development and innovation.

    Cons

    Typical downfalls of a large organization with a lot of bureaucracy to accomplish relatively straightforward tasks and make decisions to get things done. "Matrix reporting" was often challenging and contradictory. Support for remote assignments and locations needed improvement. Long-term employment is dependent on the commodity prices and seniority, and not for the long-term value or benefit of the employee to the company (typical commodity cycle).

    Advice to ManagementAdvice

    Put people in management positions that have been in the trenches (positions) of the people that work under them. Value your most important commodity for long-term success of the company and retain quality, high performing employees.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Since O'Brien left...nothing good to say about leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Controls Analyst in Denver, CO (US)
    Current Employee - Project Controls Analyst in Denver, CO (US)

    I have been working at Newmont Mining full-time (more than 3 years)

    Pros

    Compensation and bonuses were great. You could always count on leadership setting up easy targets to exceed 100 percent bonus; they really know how to line their pockets ...and those employees that still work there....all while they take the company apart piece by piece.

    Cons

    Since inception of SAP and new leadership in the last few years, Newmont was no longer a great place to work. For the last three years, semi-annual lay-offs, with more to come. No one is safe, except top executives and senior leaders.

    Advice to ManagementAdvice

    Stop keeping laying off the people doiing the work and get rid of senior leadership that are making the decisions. Stop trying to bring all Rio Tinto employees on board.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Ethical, committed business, Got fat, needs to get back to basics.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Materials Manager in Denver, CO (US)
    Former Employee - Materials Manager in Denver, CO (US)

    I worked at Newmont Mining full-time (more than an year)

    Pros

    Good people, good work environment, keeps abreast of latest trends in work management, good benefits
    Strong business processes.

    Cons

    Became a larger organisation during period of increasing gold price, with many roles not necessary.
    Large Head office and regional offices duplicating effort and diluting direction.
    Due to detailed of business processes can lead to lack of responsive to opportunities.

    Recommends
    Negative Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Newmont Corporate is a disaster

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Greenwood Village, CO (US)
    Former Employee - Anonymous Employee in Greenwood Village, CO (US)

    I worked at Newmont Mining full-time (more than an year)

    Pros

    Many, many good people. Not all, but many.

    Cons

    Absolutely no leadership. The disconnect between the 'head' and the 'hands' is so great as to be difficult to fathom. Laughable if it didn't impact hard working folks - they keep having layoffs of 'the little people' but keeping full cadre of 'executives.' Without workers, what is all that management managing/

    Advice to ManagementAdvice

    Hang out the for sale sign if you can't run the business like you wish for it so succeed.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Good lateral career development; great people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Denver, CO (US)
    Current Employee - Senior Manager in Denver, CO (US)

    I have been working at Newmont Mining full-time (more than 8 years)

    Pros

    There are always interesting projects and opportunities to learn and grow on the job. The workforce is highly intelligent, and they care. We put out quality, leading edge work in many spaces

    Cons

    The Board of Directors and Executive Team are twitchy - the tides of where to head seem to change frequently (~18 months). We've done layoffs around the world for the past 3 years. We have a hierarchical culture that looks for senior advice and go-ahead, unfortunately, with a fair amount of fear underneath of it.

    Advice to ManagementAdvice

    Consider what picture to paint of the company 5-10 years from now. We're very short term minded. Focus on the behaviors that will be productive and build relationships.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Toxic and contentious place to work. Stay away or wait to be layed off.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Dev in Denver, CO (US)
    Current Employee - IT Dev in Denver, CO (US)

    I have been working at Newmont Mining full-time (more than 3 years)

    Pros

    Good benefits, though they continue to erode. Depending upon the department and manager, some are much better than others. Stay away from IT and accounting. Terrible leadership! If you can even call it that.

    Cons

    Terrible atmosphere of fear, retaliation, lack of accountability, lack of progress. CIO literally yells at people, and acceptable since there have been numerous complaints to HR...IT dept is clueless and people are so far over their heads it's absurd. The egos are unparalled, but without cause or reason. People in upper positions act entitled, rushing to fix things for the execs, but leave the regular people to fend for themselves and without resources or tools.

    Advice to ManagementAdvice

    Fire you whole executive staff and start over. You hired a CFO who had been fired, then she promoted the guy who overran the SAP project by 350% and has no idea what's going on in the company, but none of the execs do, they just stay in their glass castles and beat to a different and far superior benefit and payroll drum.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Top Heavy and Mis-managed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Greenwood Village, CO (US)
    Former Employee - Anonymous Employee in Greenwood Village, CO (US)

    I worked at Newmont Mining full-time (more than 10 years)

    Pros

    The benefits are extremely good, which makes it difficult for employees to leave, even when there is nothing left for them to do and nowhere for them to go career-wise.

    Cons

    There are WAY too many senior executives - and they continue to hire more. That could be a result of the existing executives being extremely poor at running the company. However, hiring more is not the solution, cleaning house is the solution.

    The mining industry is on the decline, so there is less and less work for the employees to do, so the company is WAY over staffed for the work to be done. That also means there is little to no career path for those that remain.

    Advice to ManagementAdvice

    Trim the fat now, starting with the management ranks.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Unstable

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Newmont Mining full-time

    Pros

    Great pay, great benefits, great PTO, 9/80 work schedule
    Some people are really decent, hard working, smart people

    Cons

    -Too many organizational structure changes.
    -Communication could be better between groups and just in general.
    -The layoffs have been rough for some people. Mostly for the hard working people. These are the people that have the potential to move forward in their careers and accomplish great things at this company. Unfortunately, some of these hard working people are the ones that will probably leave to do exactly that, because they're so bogged down with other work that they can barely do the jobs that they were hired to do. It's fine to do this for a while, but when there's no light at the end of the tunnel, people will eventually leave. On the other hand, these significant layoffs did not scare the slackers enough to actually change their ways, and they're allowed to get away with it which leads me to my advice...

    Advice to ManagementAdvice

    Fire people. When mediocre people are allowed to stay for years by apparently incompetent managers, it doesn't help anything really.

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