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Hermes
4.5
based on 9 Reviews
Company Overview
Company Locations
Working at Hermes
Company Summary
Operating in the retail sector for over four decades, the multinational focuses on creating innovative solutions for prominent brands and retailers.
Overall Rating
4.5/5
based on 9 reviews
Highly rated for
Company culture, Salary, Skill development
Work Policy
Monday to Friday
71% employees reported
Flexible timing
57% employees reported
International travel
50% employees reported
Day shift
100% employees reported
View detailed work policy
About Hermes
Founded in1972 (53 yrs old)
India Employee Count--
Global Employee Count1k-5k
HeadquartersHamburg, Germany
Office Locations
--
Websitehermesworld.com
Primary Industry
--
Other Industries
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With more than 40 years of experience, the multinational Hermes group specializes in developing and operating innovative multi-channel solutions for leading retailers and brands. Hermes, headquartered in Hamburg, Germany, is a 100% subsidiary of the Otto Group, a multichannel retail and service company with more than 50,000 employees. The Otto Group is the largest B2C online retailer in the fashion and lifestyle category worldwide. Otto is the parent company of Crate & Barrel.
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Hermes Ratings
based on 9 reviews
Overall Rating
4.5/5
How AmbitionBox ratings work?
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Category Ratings
4.9
Company culture
4.7
Salary
4.3
Skill development
3.9
Job security
3.9
Work-life balance
3.9
Work satisfaction
3.5
Promotions
Hermes is rated 4.5 out of 5 stars on AmbitionBox, based on 9 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
Hermes Reviews
Compare Hermes with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.5/5 based on 9 reviews | 3.9/5 based on 17 reviews | 1.8/5 based on 11 reviews | 3.6/5 based on 7 reviews |
Highly Rated for | Company culture Salary Skill development | Work-life balance | No highly rated category | Company culture Skill development Job security |
Critically Rated for | No critically rated category | Promotions Job security Company culture | Job security Skill development Work satisfaction | Promotions |
Rating by Women Employees | 4.5 Good rated by 4 women | 4.2 Good rated by 4 women | 1.6 Bad rated by 6 women | 3.1 Average rated by 3 women |
Rating by Men Employees | 4.4 Good rated by 5 men | 3.7 Good rated by 11 men | 1.8 Bad rated by 4 men | 4.2 Good rated by 2 men |
Job security | 3.9 Good | 3.0 Average | 2.2 Poor | 4.0 Good |
View more
Hermes Salaries
Hermes salaries have received with an average score of 4.7 out of 5 by 9 employees.
Internal Control Officer
(3 salaries)
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₹25 L/yr - ₹33 L/yr
Internal Auditor
(1 salaries)
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₹29.7 L/yr - ₹37.9 L/yr
Operation Support Executive
(1 salaries)
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₹18.8 L/yr - ₹24 L/yr
Sales Executive
(1 salaries)
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₹2.4 L/yr - ₹3 L/yr
SME
(1 salaries)
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₹2.8 L/yr - ₹3.6 L/yr
QA QC Engineer
(1 salaries)
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₹1.4 L/yr - ₹1.7 L/yr
Assistant Store Manager
(1 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Customer Care Executive
(1 salaries)
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₹21.6 L/yr - ₹27.7 L/yr
Information Security Manager
(1 salaries)
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₹9.9 L/yr - ₹12.7 L/yr
Technical Executive
(1 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
Hermes News
View all
Hermès will give staffers a $4,700 bonus as sales and revenue jump
- Hermès employees will receive a 4,500 euro bonus in response to the company's 2024 financial performance.
- Hermès earned over $15 billion in revenue last year.
- The bonus amount has steadily increased over the last five years, starting from 1,250 euros to 4,500 euros.
- The luxury industry has been facing challenges, but Hermès has shown strong financial performance.
Insider | 17 Feb, 2025
Hermès CEO says he was 'irritated' by viral fake Birkins
- Hermès CEO Axel Dumas expressed irritation towards the viral fake Birkin bags.
- Dumas considers the Birkin dupes detestable and feels that it steals the creative ideas of others.
- However, Dumas also sees the fake bags as a compliment, understanding the desire to own a Birkin.
- The viral Walmart 'Wirkin' bags have been removed from the marketplace in January.
Insider | 15 Feb, 2025
Hermès stock is surging — and the Birkin bag maker is narrowing the gap with French rival LVMH
- Hermès reported better-than-expected sales for the fourth quarter, with a rise of nearly 18% to 3.96 billion euros ($4.16 billion).
- The annual revenues of Hermès rose by almost 15% to 15.2 billion euros, reflecting a strong performance for the luxury goods group.
- Hermès stock rose by 4.2% in Paris, reaching a record high and pushing the market cap above 300 billion euros for the first time.
- Despite sales being about a fifth of rival LVMH, Hermès' market cap is narrowing the gap with a value of about 300 billion euros.
Insider | 14 Feb, 2025
Loud luxury and logo-mania need a big revival and quiet luxury needs to die if brands want to keep making money, BofA analysts say
- The trend of quiet luxury, characterized by subtle, logo-less designs, is hurting the luxury industry as it makes it easier to replicate luxury brand looks with low-cost alternatives.
- Lower barriers to entry and the rise of niche players are fueled by the trend of quiet luxury, posing a challenge to traditional luxury brands.
- Bank of America analysts suggest that luxury brands should focus on creativity, fashion content, and newness instead of leaning towards simplicity.
- Hermès, with its classic designs, and some Chinese luxury consumers have benefited from the trend of quiet luxury.
Insider | 17 Jan, 2025
I used to work at Hermès. I saw customers make the same 5 mistakes — especially when trying to get a coveted Birkin.
- Former Hermès employee shares common mistakes made by customers when trying to purchase Birkin bags.
- Customers should understand that they can't simply walk into a store and buy a Birkin bag.
- Building a profile and consistent buying history with the store increases the chances of purchasing a Birkin bag.
- Customers should maintain a positive attitude, refrain from rude behavior, and not put too much pressure on sales associates.
Insider | 4 Jan, 2025
Shoppers can't stop talking about the $78 Walmart bag that resembles a $10,000 Hermès Birkin
- Walmart is selling a Birkin handbag dupe for under $100, sparking TikTok buzz.
- The Hermès Birkin, a luxury status symbol, starts at around $10,000 for the real thing.
- The popularity of the 'Walmart Birkin' raises questions about accessibility and legality of knockoffs.
- Fashion experts say there are clear signs to tell a fake Birkin from a real one.
Insider | 31 Dec, 2024
This chart shows what a bad year 2024 was for luxury
- Luxury labels, including Gucci, faced a challenging year in 2024.
- Stock prices of luxury companies, such as Kering (owner of Gucci), declined more than 40%.
- Only two companies, Hermès and Richemont, were able to outperform the STOXX Europe 600 index.
- The luxury goods market suffered due to economic pressures, such as macroeconomic headwinds and a polarized customer base.
Insider | 27 Dec, 2024
The artistic director of Hermès explained why he thinks their $10,000 bags aren't 'expensive'
- The artistic director of Hermès, Pierre-Alexis Dumas, believes their $10,000 bags are not 'expensive' but rather 'costly'.
- Dumas explained that an expensive product doesn't deliver what it's supposed to, while a costly one is made with attention to quality.
- Hermès bags, such as the famous Birkin, are hand-sewn by trained artisans, and their limited availability contributes to their high price.
- Dumas dismissed rumors of artificial scarcity and stated that Hermès puts everything they have on the shelf and it sells.
Insider | 16 Dec, 2024
Best Black Friday deals on designer bags and shoes from brands like Versace, Hermès, and Chloè
- During Black Friday, big retailers like Nordstrom and Neiman Marcus are offering discounts on high-end designer bags and shoes.
- Legacy designers such as Gucci, Versace, and Ferragamo can be found at Nordstrom and Neiman Marcus, while more modern brands like Ganni and Off-White are available at online retailers like SSENSE.
- Some of the best Black Friday designer deals include savings on Balenciaga, Jacquemus, Chloé, Burberry, and more.
- For handbag deals, Bloomingdale's offers up to 50% off Hermés, Versace, Longchamp, and Goyard, while Neiman Marcus features deals on Oscar de la Renta and Gucci.
Insider | 27 Nov, 2024
BNP Paribas has upgraded the stock rating of Hermès from Neutral to Outperform
- BNP Paribas has upgraded the stock rating of Hermès from Neutral to Outperform, maintaining the target price at €2,340.
- Hermès' current trading price is about 20% lower than the peak reached in March 2024.
- BNP Paribas analysts believe there is a 20% upside potential and consider Hermès attractive again.
- Hermès has shown greater resilience compared to its competitors in the luxury goods sector.
TechBullion | 18 Nov, 2024
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Hermes FAQs
When was Hermes founded?
Hermes was founded in 1972. The company has been operating for 53 years.
Where is the Hermes headquarters located?
Hermes is headquartered in Hamburg.
Does Hermes have good work-life balance?
Hermes has a Work-Life Balance Rating of 3.9 out of 5 based on 9 employee reviews on AmbitionBox. 78% employees rated Hermes 4 or above, while 22% 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 Hermes reviews for more details
Is Hermes good for career growth?
Career growth at Hermes is rated fairly well, with a promotions and appraisal rating of 3.5. 78% employees rated Hermes 4 or above, while 22% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Hermes reviews for more detailed insights.
What are the pros of working in Hermes?
Working at Hermes offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, salary & benefits and skill development, based on 9 employee reviews on AmbitionBox.
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