Vertex Pharmaceuticals

  www.vrtx.com
  www.vrtx.com

Vertex Pharmaceuticals Reviews

Updated October 23, 2014
Updated October 23, 2014
104 Reviews
3.5
104 Reviews
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Vertex Pharmaceuticals President & CEO Jeffrey Leiden, M.D., Ph.D
Jeffrey Leiden, M.D., Ph.D
37 Ratings

Review Highlights

Pros
  • Great benefits, competitive salary, focus on therapeutic areas with high unmet needs such as CF (in 10 reviews)

  • The work-life balance is great, but it does depend on your group dynamics (in 5 reviews)


Cons
  • The company does actively promote that employees maintain a work-life balance (in 8 reviews)

  • Poor senior management, especially financial - cash burn rate is outrageous (in 5 reviews)

More Highlights

11 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Worst Company

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

    I have been working at Vertex Pharmaceuticals full-time (more than 3 years)

    Pros

    Benefits
    Commuter benefits
    401k
    Stock plans
    Work life balance

    Cons

    Base pay is less than all the competitors

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Colleagues are leaving to escape mistreatment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Boston, MA
    Former Employee - Manager in Boston, MA

    I worked at Vertex Pharmaceuticals full-time (more than an year)

    Pros

    The benefits, assuming you can get permission to take a vacation. Vertex had a history of employees staying for a long time, but many of these folks have been laid off. Historically, people were promoted based on their contribution, the work they were actually doing, so job growth was rewarded. But that went away due to belt tightening. Unfortunately, Vertex's Pros are mostly a thing of the past.

    Cons

    Horrible senior management that does not live by the Vertex corporate values, favoritism leading to promotions of people lacking the qualifications to do the job well, ongoing layoffs. Employees who are willing to stick it out are treated badly.

    Advice to ManagementAdvice

    Clear out the rot that has crept into Vertex senior management over the past few years, and start over with a goal of returning Vertex to its former status of a truly great place to work. Keep in mind that employees are the most valuable asset a company has, they are a primary requirement both to serve customers needs and to keep shareholders happy. Boston is a small place, and word is getting out to stay away from Vertex.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Great vision, horrible execution!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Cambridge, MA
    Former Employee - Analyst in Cambridge, MA

    I worked at Vertex Pharmaceuticals full-time (more than 10 years)

    Pros

    It used to have a great culture. A lot of great restaurants around the new world headquarters that was built in Boston.

    Cons

    A lack of cohesiveness and interaction between groups creates failed opportunities. Beweare middle managers that will stab you in the back in order to advance their careers. Multiple layoffs have all been at the staff level; management has hardly been affected.

    Expect to work a lot of extra hours for no recognition.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Don't believe the hype

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

    I have been working at Vertex Pharmaceuticals full-time (more than 3 years)

    Pros

    Hopefully it looks good on my resume

    Cons

    Management doesn't listen
    Recognition doesn't exist
    Forget about work-life balance
    That special kind of passive-aggressive politics

    Advice to ManagementAdvice

    FOCUS, listen to the people, and fix the ship. Do something when you know there's a problem rather than pretending it doesn't exist.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 5 people found this helpful  

    Bad idea to take this job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Cambridge, MA
    Former Employee - Director in Cambridge, MA

    I worked at Vertex Pharmaceuticals full-time (more than an year)

    Pros

    Interesting science
    Quality research organization
    Pay and benefits

    Cons

    Poor senior management, especially financial - cash burn rate is outrageous. Tend to throw money at problems and duplicate efforts throughout the organization.
    Politics trumps all - winners and losers in that game. Losers are too often the competent people.
    Disconnect between values and behavior
    Irresponsible hiring/firing - you may get a nice offer today but don't be surprised if you are laid off in six months!

    Advice to ManagementAdvice

    Acknowledge where you are. Great science cannot save this company. If you report net losses on 1+ billion of revenues, you have serious money management problems.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Worst company to be a contractor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Cambridge, MA
    Former Employee - Anonymous Employee in Cambridge, MA

    I worked at Vertex Pharmaceuticals as a contractor (more than 3 years)

    Pros

    If your a perm employee- lots of vacation and great perks
    if your a contractor-nice cafeteria

    Cons

    Worst company to be a contractor. You are told your part of the vertex family but then are not invited to company functions because you are a contractor, constantly being let known you are expendable and admins and upper management are allowed to treat you like your are their servant. You cannot complain because you are a contractor. Too many managers who can never agree so you are constantly being given conflicting information.On the financial side, I have seen extreme waste of money by management.

    Advice to ManagementAdvice

    remember your contractors are people and deserve to be treated like people not drones.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 6 people found this helpful  

    My worst nightmare

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

    I have been working at Vertex Pharmaceuticals full-time (more than 3 years)

    Pros

    22 days of vacations + christmas week
    free parking

    Cons

    Three kind of persons: The ones that rule, usually very young with little experience (The only place that I have work where a person can be promoted to Sr Director with less than 5 years of experience). If you are liked by them, you become one of them. If you are not liked, you have two options - 1) Stay and be miserable until they get rid of you (I believe that 50 - 75% of their employees get fired and they usually are the more knowledgeable and experienced) , or 2) Leave because you cannot stand the working environment.

    The work-life balance that they offer applies only if you are in the first group.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 3 people found this helpful  

    NA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Contract Scientist in San Diego, CA
    Former Employee - Contract Scientist in San Diego, CA

    I worked at Vertex Pharmaceuticals

    Pros

    Breakfast every morning.
    Happy hour every Friday.
    Yoga every week.

    Cons

    Very political. Tries to give the impression that employees are free to express their ideas and opinions when actually they are punished for doing so.

    Advice to ManagementAdvice

    NA

    Doesn't Recommend
    Approves of CEO
  10. 4 people found this helpful  

    Time to Grow -up

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Scientist I in Cambridge, MA
    Former Employee - Scientist I in Cambridge, MA

    I worked at Vertex Pharmaceuticals

    Pros

    Benefits are out of this world, Salary is top level, Internal business training is nice. Everybody has a say in meetings!! Friday Wii bowling

    Cons

    In a word:Clueless. The work environment differs so much from one division to another that it likes working in different companies. High exodus risk. People that are in control are so out of touch with the day/day. LoTs of showboating!!!!

    Advice to ManagementAdvice

    Stop wasting money on Facebook and allowing a popularity contest to run the show. You should be making therapeutic agents, not ski outings

    Doesn't Recommend
    Approves of CEO
  11. 3 people found this helpful  

    Mixed results

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Researcher in Cambridge, MA
    Former Employee - Researcher in Cambridge, MA

    I worked at Vertex Pharmaceuticals

    Pros

    The people really understand what your strengths are. They ask for your feedback in terms of what could be done better. The people rally to help you out in your projects. You're assigned some worthy projects that you're able to dive into. You're provided with tools necessary to do your job. They invest in you, they think thoughtfully through how they can support, and they encourage you. The bonus awards are there to recognize you in all of your efforts. The environment is thoughtfully decorated and makes your day as pleasant as possible. Cafeteria is passable -- at least they have one.

    Cons

    Sometimes, despite your trying to prove yourself, your position is not heard as thoughtfully as you might hope for. You try hard, you put a lot of effort in, and sometimes, you're just met with silence, lack of approval, or ignored. Morale could be a lot better. The downside of working in a pharmaceutical environment is that drug candidates take years and years and years to get to the market. And throughtout that process, the FDA can easily pull the plug on a candidate. You invest a lot of time and effort -- and with one bad clinical trial, all that work disappears.

    Advice to ManagementAdvice

    None.

    Doesn't Recommend
    No opinion of CEO

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