MedAssets

  www.medassets.com
  www.medassets.com
There are newer employer reviews for MedAssets

1 person found this helpful  

Ok but not without issues

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

I worked at MedAssets full-time (more than 5 years)

Pros

Good vacation, good pay for more recent hires. Overall not a bad place to work. I was happy to go to work there before they went public. The bonuses were good, the working conditions were good. It wasn't without issue but was the best place I had worked up until then. Overall the company does treat the employees okay. You can take vacation and get enough of it to matter.

Cons

Things really went downhill after they went public. They started buying up a few other companies and overextended themselves. This caused them to pull hold back salaries and bonuses for a couple of years. They seemed to be unable to rectify or catch up the people who should have. It may have been an inability to identify who they needed to keep. I do believe it was one of the many of failures of their upper management- which seems to be purged every 1-3 years.

Never expect large raises even if you get a promotion so make sure you negotiate a salay that you are happy with for a good while.

Advice to ManagementAdvice

Review how much you pay people you want to keep.

Recommends
Neutral Outlook
Approves of CEO

230 Other Employee Reviews for MedAssets (View Most Recent)

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  1. 4 people found this helpful  

    Very disappointing experience - would not recommend this company

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

    I worked at MedAssets full-time

    Pros

    Great co-workers
    Staff works hard to achieve results
    Decent benefits - not great, but not bad

    Cons

    Not staffed anywhere close to the level needed to meet objectives and commitments
    Infrastructure constantly breaking, rendering data and applications unavailable to customers
    Company does not appear to learn from its mistakes - problems recur that could/should be prevented.
    'Work-life balance' isn't - people constantly required to work overtime because many departments are chronically understaffed.

    Advice to ManagementAdvice

    I wouldn't know where to start - problems appear to be systemic from the top down and don't show any signs of improving.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    pay and benefits aren't that great

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

    I have been working at MedAssets full-time

    Pros

    - Good, reasonable managers.
    - Good, reasonable coworkers.
    - Profitable (at least in the Spend Mgmt segment).
    - Work/life balance is OK.

    Cons

    - Pay is below average.
    - Medical plans are financially burdensome on the employee.
    - No career path upward.
    - All of the above has resulted in high turnover, which means a large amount of productivity is spent on hiring and training new people.

    Advice to ManagementAdvice

    Please invest more in your employees (i.e. MedAssets should pay them at least market average and take on a larger portion of medical costs). Employees get frustrated when they see their efforts to make the organization profitable result in below average wages and a large out-of-pocket expense for their medical plans.

    Doesn't Recommend
    Disapproves of CEO
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