Biomet

  www.biomet.com
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Biomet Reviews

Updated Jul 14, 2014

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All Employees Current Employees Only

3.1 61 reviews

59% Approve of the CEO

Biomet President, CEO, and Director Jeffrey R. Binder

Jeffrey R. Binder

(27 ratings)

45% of employees recommend this company to a friend

Review Highlights

Pros
  • Opportunity to learn different areas of opperations and business practices(in 3 reviews)

  • The work atmosphere and culture are top notch(in 4 reviews)


Cons
  • poor senior management- skills not aligned to satisfy company goals and industry standards(in 3 reviews)

  • Management is very unorganized and upper management is always changing(in 3 reviews)

9 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
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    • No Opinion of CEO

     

    Good company but limited advancement opportunities for female employees.

    Anonymous Employee (Former Employee)

    ProsRelaxed dresscode and many still work as a team. Opportunity to learn different areas of opperations and business practices.

    ConsBig corporate environment. Some positions assume you are available 24/7 and penalize if you are not (during vacation or medical leave). Pay is ok for the area.

    Advice to Senior ManagementHiring and advancement opportunities of females needs to improve. Corporate culture still maintains a glass ceiling and only has a couple of females in top-level positions as well as all through-out the company.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • No Opinion of CEO

     

    Frustrating

    Anonymous Employee (Former Employee)

    ProsAmazing co-workers that work hard to achieve goals.

    ConsNot a good place for clinical research. It is not a priority.

    Advice to Senior ManagementInability to make key decisions in a timely manner really slows your business.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • No Opinion of CEO

    2 people found this helpful  

    Difficult industry to survive in, Biomet neither helps nor hurts your chances with the competition.

    Sales Representative (Current Employee) Columbia, SC

    ProsFriendly corporate staff and the training can be helpful.

    ConsCorporate dealings with independent distributors are disguised as being amicable, however it seems that they are truly hostile and the future structure of the company is unknown. Price pressure in the industry is not handled well within the organization and results in an 'every man for himself' mentality.

    Advice to Senior ManagementUnite your distributors and align incentives with the corporation, then get back on the offensive with competition. R&D is very offensive and bright, but this culture doesn't flow through to the execution in the field. Lots of traveling corporate staff will fly in to town, make promises to doctors, then never follow through with said promises. This hurts everyone in the organization. Perhaps the best way to describe the problem would be to simply point out who actually owns Biomet, PE firms who do not manage the business with the salesman in mind.

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

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    • Culture & Values
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    1 person found this helpful  

    Biomet

    Sales Representative (Current Employee) Tacoma, WA

    ProsAbility to Sell a full bag

    ConsBad support, poor communication from top down

    Advice to Senior ManagementBetter leadership

    No, I would not recommend this company to a friend

    • Culture & Values
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    coop engineer experience

    Coop Engineer (Former Employee) Warsaw, IN

    Prosgood culture, increasing market shares and introduction of lean manufacturing suggest good things in future for company

    Constop heavy structure, still somewhat confused after moving from public to private held company. Losing some of the family owned feel with buyout and adoption of lean manufacturing as the company grows.

    • Culture & Values
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    1 person found this helpful  

    Biomet Orthopedics values innovation in design

    Director (Current Employee) Warsaw, IN

    ProsInteresting work challenges with innovative products

    ConsSlow to adapt to changing healthcare environment

    Advice to Senior ManagementPay closer attention to supporting and motivating staff.

    • Culture & Values
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    • No Opinion of CEO

     

    Project Management @ Biomet

    Anonymous Employee (Current Employee)

    ProsYou will never get bored; informal enviroment and competent people

    ConsOrganization and strategy not enough planned and communicated. Last in firs out attitude in facing priorities

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Customer focussed, but that's not enough

    Associate Product Manager (Current Employee) Dordrecht (Netherlands)

    ProsExtremely motivated sales force that spends about 70% of their time in the OR theatre. That is the place where the sales is done. Biomet is trusted by the majority of orthopedic surgeons and OR staff for it;s knowledge and skills in the sterile field. You can say that Biomet people really fit in in their customers teams at the workfloor. That is where thet create an extra, unique value over competitors like Zimmer, Stryker,etc. Surgeons sometimes send us x-rays just with written at the bottom "help". That proves how close customer relations are.

    ConsThe Pros are also the cons. Because we like it so much "to be there" we forget to really act as accountmanagers, focussing on sales, the hospital, insurance companies, looking for opportunities, defining strategies, analyse our competitors, analyze sales and losses and enhance growth. Not only in hips and knees ( regarded as core-business by at least 60% of the salespeople) but also in areas as Biologics, spine, trauma, extremities, microfixation, sportsmedicine. Main problem is that all accountmanagers act like small independant companies within Biomet. This is almost impossible to manage, to control and to improve. Although the inter- collegue communcication on a personal level is excellent, communication about sales, opportunities, other products is almost not present. Al above is not a threat right now, but is a very unstable basis for the near future. If people want to be OR assistants, they should sign up at a hospital and exceed there.
    And I am convinced they will !

    There is no marketing, no campaigns, very bad customer management documentation, hardly any information about competitors.

    There is some training, but the quality varies. Cementing training in Malmo, Sweden is excellent, but the knee training in Swindon last year really sucked. Training should be done by sales people, not by senior high level marketeers. Don't tell me that it is a good product. I know it is. Help me how to convince my customers.

    Advice to Senior ManagementYou do talk to hospital boards and insurance companies, but this information is not shared. Not any information is used or shared to make the accountplans. Structure information about customers, sales and losses. Don't accept that salesmeetings are canceled because everyone wants to go to assist in the OR. Force the different silo's to work together. Take people out of their comfort zone and put them right there where long term money can be made. Promote growth, not stability in the first place. Hire people in management positions who are qualified, experince in sales is not enough. Train Your people. I mean, they are performing/ assisting the surgeons. Test people frequently. And ask them what they really do out there.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • No Opinion of CEO

     

    Need more opportunity to earn money

    Sub-Rep (Current Employee)

    ProsVery good product and reputation. Product managers are approachable and helpful. Training, when you get it, is good. Communication from Corporate to sales reps is good.

    ConsIt might be like this with all orthopedics companies, but the opportunity for a sub-rep to increase his/her income is limited. The main sales rep makes a very good living, while the sub-rep does ok. Don't get me wrong. The pay is good relative to many, many other jobs, but the full sales rep makes a killing with commissions.

    Advice to Senior ManagementMake sure you give adequate training to reps. Yes, most knowledge is acquired on the job, but course training is also helpful.

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