BioMed Realty

  www.biomedrealty.com
  www.biomedrealty.com

BioMed Realty Reviews

Updated November 9, 2014
Updated November 9, 2014
6 Reviews
2.9
6 Reviews
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Alan D. Gold
5 Ratings

Employee Reviews

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  1.  

    Property Manager (owner-manager) for bio-pharmaceutical lab/office buildings

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

    I worked at BioMed Realty full-time (more than an year)

    Pros

    Creative team atmosphere and culture. Support for modern technology and work tools.

    Cons

    Nature of the lab/office market and reporting to Wall Street creates intense pressure for unrealistic levels of operational efficiency and reporting precision, resulting in vast work/life imbalance.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good Company. Strong Leadership That Treats Employees Well

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

    I worked at BioMed Realty full-time (more than 3 years)

    Pros

    Great company instilled with the values of its founder. Treats employees very well and values a work/life balance. The industry the company services (life sciences) is growing and they are well positioned to continue to do well.

    Cons

    As the company grows, you may find yourself pigeon-holed into a certain position. Know exactly what job description you are signing up for

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Employees lack work ethics in the accounts payable function, very clique company, not a good environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accounting in Rancho Bernardo, CA
    Former Employee - Accounting in Rancho Bernardo, CA

    I worked at BioMed Realty full-time (more than an year)

    Pros

    Great company, good benefits, bonuses, team building events, fun environment.

    Cons

    The accounting software NP and MRI are two different animals. NP lacks a logical flow for business approvals. MRI is a dinosaur. Makes more work on the employees. Accounts Payable employees lack the desire to work. Their motivation is on socializing more than work. Not a place I can grow with until this lack of business ethics is addressed. The girls do homework, socialize through messenger all day, shop, it's not a fun environment if you want to be serious about your job. If you like to be superficial and get caught up in silly things, then this is the place for you.

    Advice to ManagementAdvice

    Pay attention to your employees. Get the facts before you listen to the "gossip"

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 3 people found this helpful  

    Former Employee

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

    I worked at BioMed Realty

    Pros

    Good benefits, great annual holiday party.

    Cons

    This was a great company in its infancy but has grown into one where nepotism, office politics, and bureaucracy are the norm. The corporate culture has changed, resulting in an atmosphere of harrassment and bullying. Long hours are expected with little regard for work-life balance.

    Advice to ManagementAdvice

    Competition and political in-fighting amoung upper management executives have resulted in inconsistent policies and procedures, ever-changing priorities, negativism, and favoritism. The team-building events are great and a lot of fun, but do not translate into the every-day work arena.

    Doesn't Recommend
    Disapproves of CEO
  6. 4 people found this helpful  

    Average but will never be good place to work due to narrow job focus and bad culture that leads to high turnover

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

    I worked at BioMed Realty full-time

    Pros

    Large office space, nice benefits, pay for cost of living, company succeeds despite itself due to nature of REITs, current capital markets and niche in real estate industry

    Cons

    Long hours, average to high turnover for industry, narrow job focus due to size of company and bureaucracy, strong underlying politics due to passive/aggressive culture starting from the top, lack of career upside as evidenced by internal surveys (management will tell you they are making progress but they continue to hire externally for higher positions as they grow)

    Advice to ManagementAdvice

    Be honest to job seekers about the lack of career upside if you are going to eventually hire someone above them externally and get rid of bad managers that mislead about employee development aspect of experience

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    Initially great but ended up very disappointing.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Property Manager
    Former Employee - Property Manager

    I worked at BioMed Realty

    Pros

    Most associates are smart and competent, company is well-respected in its industry

    Cons

    Company culture has changed to one of discouraging independent thinking or creativity.

    Doesn't Recommend

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