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Terumo BCT Reviews

53 Reviews
3.4
53 Reviews
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Terumo BCT President and CEO David B. Perez
David B. Perez
33 Ratings
  1.  

    I am not disgruntled. Stopped in look at some job descriptions, salaries, etc. and decided to leave a review.

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

    I have been working at Terumo BCT full-time (more than 8 years)

    Pros

    One of the best things is that I am directly involved with things that make peoples' lives better or in some cases save them. My work challenges me and, on a weekly if not daily basis, I grow because of these challenges. In my specific environment I am given the opportunity to not only contribute to and take ownership of projects or processes but I am also given the professional respect to challenge things as well and to have my input considered equally with any senior manager or anyone else for that matter that may be in the room.

    This company also offers tuition reimbursement to the tune of $5000 per year (pretty sure that's the number, but I haven't checked in a while). That said, I do have some complaints about our tuition reimbursement policies (I put that below in the cons section).

    Cons

    I have heard from others that the vacation policy here leaves much to be desired. Breakdown is like this: from hire date to five years with the company you get two weeks per year, five years to ten years gets you three weeks, and 10+ years gets you four weeks. A couple of caveats here. There is unlimited sick pay; you do not have to burn PTO when you get sick. It is NOT a use-it-or-lose it system (per say); PTO rolls over year to year however you have a cap on how much PTO you can have in the bank (I think it's 1.5 times your annual allotment) after which you simply don't accrue any more until you use some. They have also added something within the last five years or so where you are given one free "floating holiday" (8 hours of PTO equivalent) at the beginning of each calendar year for you to use without burning up eight hours of PTO.

    I have also heard that the benefits here may leave a little to be desired. I have not however vetted this for myself. Given the changes we have been seeing in the medical community and with health insurance, assuming there is a disparity in the benefits we get here and how much they cost us with respect to those offered elsewhere my guess is that the gap has narrowed.

    A word about the bonuses. I don't know how the bonus structures are at other biomeds, but I know how they are at a few of the telecom companies around town. Hearing about some of the five digit bonuses that are handed out there, getting 7% of my gross pay from the previous year seems to pale in comparison (I do love my bonus though, I am aware of the fact that I should be and am very thankful that I even get one in the first place).

    The tuition reimbursement, while a fantastic benefit and something that I am also very grateful for, also has a few kinks that I am not crazy about. Yes the company gives me free money to go to school, but I am a senior at a local university (in other words community college is no longer an option for my degree). Between tuition and books and supplies, not to mention all the extra eating out I have to do because I am not at home and extra travel costs as the school I go to is not on my way home, $5K/year sometimes comes up short in reimbursing me for my costs of attending college. The other issue is the fact that it is reimbursement, meaning I have to pay all of those costs out of pocket first and wait until the end of the semester to get the money. My circumstances are a little peculiar, but suffice it to say that I have been saving for six months to try to come up with the initial $2-3K that I will need for that upfront investment and probably will be for at least the next three to six months. All the while I am just a few classes away from graduating; it is going to take me less time to finish my degree than it is going to take me to start finishing my degree.

    Advice to ManagementAdvice

    Things are in disarray a little here in I&D. We need some philosophies on how we do things passed down from above that we can use to direct our day-to-day (or maybe more specifically that we can use to define how and what our teams do day-to-day). Also, focus more on taking care of your people and not as much on their results (I don't mean this to sound dichotomous, I am merely suggesting biasing the balance away from the results a little and toward the people a little). Make them as happy as you can and as satisfied with their jobs as they can be. Combine that with clear philosophies and direction and results will follow. Make people want to do a good job because they love what they do and who they do it for and they will focus on delivering better results than you could even ask them for.

    Recommends
    Positive Outlook
    Approves of CEO

Terumo BCT Interviews

Updated Jun 23, 2014
Updated Jun 23, 2014

Interview Experience

Interview Experience

73%
20%
6%

Getting an Interview

Getting an Interview

74%
11%
3%

Interview Difficulty

3.1
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Process Engineer Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    interviewed at Terumo BCT in June 2014.

    Interview Details

    I had a phone interview with a hiring manager and an H.R. representative at Terumo in Elkton MD. She started by asking that I keep my answers short since we only have 30 minutes. She then asked questions such as "what makes you think you can do this job?" and then later she said "describe your performance reviews starting from eight years ago" I said my boss would have a sheet with accomplishments for that year, job performance score in different categories, goals and objectives for the next year. She said "yeah talk about that starting with the job from eight years ago".

    Interview Questions
    • It was difficult to remember the details of my performance reviews starting from eight years ago.   Answer Question
    No Offer
    Negative Experience
    Difficult Interview

Terumo BCT Awards & Accolades

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Additional Info

Unlock Profile
Website www.terumobct.com
Headquarters Lakewood, CO
Size 1000 to 5000 Employees
Acquired By Terumo BCT
Founded 1964
Type Company - Public
Industry Manufacturing
Revenue $100 to $500 million (USD) per year
Competitors Baxter, Haemonetics, HemaCare

Having blood in the bank is as good as gold, but only if it's clean and properly stored. That's where Terumo BCT comes in; the company develops and sells blood collection and processing systems to hospitals and blood banks. Its systems are used to separate blood into its different components, such as platelets, plasma, and leukoreduced red blood cells (or blood with the white cells removed). The company also provides apheresis systems used to develop blood-based therapies for the treatment of cancer and other diseases. It has operations in 30 countries and sells its... More

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