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Glencore
4.1
based on 15 Reviews
Working at Glencore
Company Summary
Glencore is a major commodities trading company involved in the mining, refining, and marketing of metals, minerals, and energy products.
Overall Rating
4.1/5
based on 15 reviews
5% above
industry average
Highly rated for
Company culture, Salary, Work satisfaction
Critically rated for
Job security, Promotions
Work Policy
Monday to Friday
75% employees reported
Flexible timing
85% employees reported
International travel
40% employees reported
Day shift
100% employees reported
View detailed work policy
About Glencore
Founded in1974 (51 yrs old)
India Employee Count51-200
Global Employee Count10k-50k
HeadquartersBaar, Switzerland
Office Locations
--
Websiteglencore.com
Primary Industry
Other Industries
--
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Glencore is a commodities trader (metals and minerals, agricultural products, and energy) and a diversified natural resources conglomerate with interests in companies involved in mining, smelting, and refining. In the energy sector, it markets such products as coal, crude oil, jet fuel, and gasoline.
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Glencore Ratings
based on 15 reviews
Overall Rating
4.1/5
How AmbitionBox ratings work?
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8
4
3
3
2
2
1
1
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Category Ratings
3.9
Company culture
3.9
Salary
3.8
Work satisfaction
3.7
Skill development
3.6
Work-life balance
3.3
Promotions
3.2
Job security
Glencore is rated 4.1 out of 5 stars on AmbitionBox, based on 15 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Glencore Reviews
Compare Glencore with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.1/5 based on 15 reviews | 3.8/5 based on 753 reviews | 4.2/5 based on 1.3k reviews | 3.9/5 based on 1.6k reviews |
Highly Rated for | Salary Company culture Work satisfaction | Salary | Skill development Work-life balance Job security | Job security Salary |
Critically Rated for | Job security Promotions | Work-life balance Company culture | No critically rated category | No critically rated category |
Primary Work Policy | - | Work from office 89% employees reported | Work from office 66% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 3.7 Good rated by 3 women | 3.3 Average rated by 108 women | 4.2 Good rated by 207 women | 3.4 Average rated by 84 women |
Rating by Men Employees | 4.2 Good rated by 12 men | 3.9 Good rated by 590 men | 4.2 Good rated by 919 men | 3.9 Good rated by 1.5k men |
Job security | 3.2 Average | 3.7 Good | 4.2 Good | 3.9 Good |
View more
Glencore Salaries
Glencore salaries have received with an average score of 3.9 out of 5 by 15 employees.
Senior System Analyst
(6 salaries)
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₹15 L/yr - ₹30 L/yr
Test Analyst
(6 salaries)
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₹5 L/yr - ₹7 L/yr
Data Analyst
(6 salaries)
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₹9 L/yr - ₹10.5 L/yr
Software Analyst
(5 salaries)
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₹12.6 L/yr - ₹16.1 L/yr
System Administrator
(4 salaries)
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₹3.8 L/yr - ₹6 L/yr
System Analyst
(4 salaries)
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₹19.7 L/yr - ₹26.6 L/yr
Trainee Analyst
(4 salaries)
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₹7.2 L/yr - ₹9.2 L/yr
Assistant Manager Finance
(3 salaries)
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₹11.7 L/yr - ₹15 L/yr
Senior Test Analyst
(3 salaries)
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₹6.9 L/yr - ₹10 L/yr
Software Engineer
(3 salaries)
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₹7.5 L/yr - ₹10 L/yr
Glencore News
JP Morgan’s ‘sustainable’ funds invested £200m in mining giant Glencore
- JP Morgan has invested over £200m in the mining giant Glencore through its 'sustainable' funds, raising concerns about the ethical implications of such investments.
- The environmental and sustainable investing sector is booming, but JP Morgan's funds investing in Glencore have come under scrutiny for their ties to coal operations in South Africa.
- JP Morgan's sustainable funds have specific criteria, requiring at least 51% of investments to have positive environmental and social characteristics, while the remaining 49% can be unrestricted.
- Despite excluding companies with over 20% revenue from thermal coal extraction, Glencore's coal profits are significant, leading to criticism from campaigners over environmental breaches in South Africa.
- Residents in areas dominated by Glencore's mines in South Africa have reported environmental violations, including water contamination and infrastructure neglect.
- Campaigners question why Glencore's mining licence has not been revoked despite ongoing environmental law breaches and community concerns in South Africa.
- Concerns have been raised about regulators' leniency towards the coal mining industry, with a local campaign group urging JP Morgan to review its investments in Glencore.
- ESG investing faces increased scrutiny globally, as regulators work towards clearer definitions and labels for investors, amidst allegations of ecological damage and human rights abuses in mining operations.
- Glencore emphasizes responsible engagement and wellbeing of workers, stating that it monitors water quality in affected areas and works towards mitigating negative impacts of its operations.
- JP Morgan did not provide a comment on the matter, as campaigners call for a review of the bank's investments in Glencore amid environmental concerns and alleged breaches of laws.
Guardian | 2 Mar, 2025
Miner Glencore considers ditching London Stock Exchange listing
- Mining group Glencore is considering moving its primary share listing away from London.
- The company is studying whether a move would boost its shares, with New York being a potential destination.
- London's declining liquidity and lower valuations have led to a series of high-profile departures by companies.
- If Glencore moves, it would be one of the largest companies to leave London, given its market value of over £40bn.
Guardian | 19 Feb, 2025
Glencore studies moving primary listing away from London
- Glencore is studying whether to move its primary listing away from London, as the company wants to ensure its securities are traded on the right exchange for optimal valuation.
- The mining company began trading on the London Stock Exchange in 2011, but is now exploring the best location for its primary listing.
- Glencore is considering the New York Stock Exchange as a potential option, following its plans to acquire a majority stake in Teck Resources Ltd.'s coal business in 2023.
- This review is not influenced by the new US administration's stance on fossil fuels, but rather driven by Glencore's evaluation of all relevant exchanges, including London and New York.
Moneyweb | 19 Feb, 2025
U.K. Stock Market Hits Record High
- The U.K.'s leading stock exchange, London's FTSE 100, hits a record intraday high as investors shift capital to European equities.
- The index gets a boost from media reports of a potential merger between miners Glencore and Rio Tinto.
- Investors are moving into European stocks, with the pan-European Stoxx 600 index up 0.6%.
- Growing expectations for further interest rate cuts from the Bank of England are also boosting the U.K. market.
Baystreet | 17 Jan, 2025
Miners Glencore And Rio Tinto Discuss Potential Merger
- Miners Glencore and Rio Tinto are discussing a potential merger.
- If a deal is reached, it would be the largest-ever merger in the global mining sector.
- Talks are in the early stages and it is uncertain if they are ongoing.
- The mining industry is experiencing consolidation as companies seek economies of scale.
Baystreet | 17 Jan, 2025
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Glencore FAQs
When was Glencore founded?
Glencore was founded in 1974. The company has been operating for 51 years primarily in the Metals & Mining sector.
Where is the Glencore headquarters located?
Glencore is headquartered in Baar.
How many employees does Glencore have in India?
Glencore currently has approximately 80+ employees in India.
Does Glencore have good work-life balance?
Glencore has a Work-Life Balance Rating of 3.6 out of 5 based on 10+ employee reviews on AmbitionBox. 73% employees rated Glencore 4 or above, while 27% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Glencore reviews for more details
Is Glencore good for career growth?
Career growth at Glencore is rated as moderate, with a promotions and appraisal rating of 3.3. 27% employees rated Glencore 3 or below, while 73% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Glencore reviews for more detailed insights.
What are the pros and cons of working in Glencore?
Working at Glencore comes with several advantages and disadvantages. It is highly rated for company culture, salary & benefits and work satisfaction. However, it is poorly rated for job security and promotions / appraisal, based on 10+ employee reviews on AmbitionBox.
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