Newmont Mining
3.2 of 5 58 reviews
www.newmont.com Englewood, CO 5000+ Employees

Newmont Mining Reviews

Updated Apr 16, 2014

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3.2 58 reviews

                             

77% Approve of the CEO

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Gary J. Goldberg

(13 ratings)

67% of employees recommend this company to a friend
58 Employee Reviews
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Review Highlights

Pros:
  • "Company offers some of the best pay and benefits in their industry"
    in 9 reviews
  • "Newmont has great benefits and career opportunities"
    in 5 reviews
Cons:
  • "Limited work-life balance and political power plays are common"
    in 4 reviews
  • "Hard to make decisions and get work done"
    in 3 reviews
  • Show more review highlights

Reviews

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Excellent company to work for

Investor Relations Intern (Former Employee)

I worked at Newmont Mining as an intern for less than a year

ProsGreat culture, lots of responsibility

ConsExtensive workload, but not overwhelming

Advice to Senior ManagementKeep up the search for qualified candidates

Yes, I would recommend this company to a friend

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1 person found this helpful  

Good Company - Tough Times

Anonymous Employee (Current Employee)
Denver, CO (US)

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

ProsNewmont has weathered the storm as well as anyone in the industry. Really good people.

ConsTough time for mining. Layoffs and budget cuts make the job more difficult.

Advice to Senior ManagementKeep people trained and progressing. They're doing more with less, so give them a reason to stay.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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One of few Fortune 500 companies who Denver that offers global, corporate experience

Investor Relations Manager (Current Employee)
Englewood, CO (US)

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

ProsOffice culture has shifted from mining veterans to young, high caliber people that creates a collegial atmosphere. Great opportunity to work across functions at Corporate and gain experience with the option to travel worldwide and for expat placement.

ConsLimited work-life balance and political power plays are common.

Advice to Senior ManagementOffer excellent pay and benefits, which some refer to as golden handcuffs. They should take a note from Netflix on people management to retain top employees and eliminate mediocrity.

– I'm not optimistic about the outlook for this company

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Challenging and interesting experience.

Senior Manager (Former Employee)

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

ProsGood compensation package
Lots of learning opportunities

Conslack of coherent organizational structure
work-life balance
very much a relationship driven organization
cultural and gender diversity was an issue (may have changed to the better now)

Advice to Senior ManagementStreamline work processes and clarify roles and responsibilities among departments, regions and consequently positions.
Matrix organization is not an excuse to have too many overlaps and even more gaps in responsibilities which make increasingly difficult to move projects forward.
Do something about the "chiefs" to "Indians" ratio - so many "directors" who never managed a single person let alone departments and/or functions.
Good luck and keep growing profitably!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Awesome pay and benefits!

Anonymous Employee (Current Employee)

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

ProsGreat people to work with!

ConsCareer growth is difficult. Hard to move to other companies unless you are willing to take a cut in pay/benefits. With recent lay-offs, doing more work with less people.

Advice to Senior ManagementLet's focus on career opportunities/growth within!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great place to get experience and have on your resume.

Accounting Intern (Current Employee)
Denver, CO (US)

I have been working at Newmont Mining as an intern for more than a year

ProsFortune 500 company with awesome potential and huge network. Lots of connections with Big 4 accounting firms. My job that starts after my internship is completed is a direct result of management and their connections with the Denver area accounting firms. Everyone has heard of Newmont! And it's awesome to say that you work for a Gold Company!

ConsCyclical business...good times are great, bad times are terrible. No benefits for interns. Some of the staff can be a little stand-off-ish.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good pay, lots of management bureaucracy

Exploration Geologist (Former Employee)
Elko, NV (US)

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

ProsGood pay, enjoyed the work, likes my co-workers

ConsLots of management problems, hours working

Advice to Senior Managementless interference with day to day activity

Yes, I would recommend this company to a friend

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  • Disapproves of CEO

 

Old and Getting Older

Anonymous Employee (Current Employee)
Greenwood Village, CO (US)

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

ProsThere are some really good people still left in the organization, and those that are left really do want to contribute and add value. The compensation and benefits are very good, which makes it a difficult decision to leave when that time comes.

ConsThe company does not value its people or what they bring to the table. It is growing increasingly old and is migrating towards the 19th century rather than the 21st century in almost every way (technology, culture, management style, etc). Skill sets are rarely looked at or considered, rather they make decisions based on how much gray hair a person has. New ideas, skills, technologies and ways of doing work are rarely considered. The company is dying as a result. Extremely top heavy in the management ranks as well.

Advice to Senior ManagementClean house! Eliminate the bulk of the executive management and delegate to those that know the business and know what is really happening in the organization. Invest in people and technology, and match people to roles based on skill sets.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Average

Anonymous Employee (Current Employee)

I have been working at Newmont Mining

ProsWork life balance, Friday offs, fair market salary

ConsInefficient operations, no established processes, lack of business planning and execution expertise, silo, no common culture

Advice to Senior ManagementUpper management is new, should pay more attention to core competencies

No, I would not recommend this company to a friend

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Good benefits, but beware of lot's of bureaucracy.

Business Analyst (Current Employee)
Denver, CO (US)

I have been working at Newmont Mining full-time for more than a year

ProsBenefit package for USA domestic post is unbeatable. Great location for a corporate headquarters.

ConsStressful work environment. Most competent people are not promoted. High performers are not rewarded.

Advice to Senior ManagementThis company has some of the best people in the business, but the company does not do enough to hold on to its best assets.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Newmont Mining reviews and ratings - including employee satisfaction and approval ratings for Newmont Mining CEO Gary J. Goldberg. All 58 reviews are posted anonymously by Newmont Mining employees.