Meda

  www.meda.se
  www.meda.se
There are newer employer reviews for Meda

 

A growing company with no clear plan for growth, much like a listless teenager

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

I worked at Meda

Pros

Properties are kept clean and reasonably well maintained. The company takes great pride in posting its company logo prominently throughout its facilities to continuously remind you where you are working.

Cons

The company has no discernible plan for either the integration of newly acquired units or long term growth other than to continue to buy product lines that are past their prime and squeeze every penny out of them before moving on. Recent acquisitions include Geritol, Muse, and Vivarin, all of which are well past their prime with little or no potential for future growth.

The company does not like to hire from within and if given the opportunity, will hire either a consultant, or an outsider before promoting someone already in the organization.

The company also does not promote self improvement and requires employees to jump through hoops and submit to a term of indentured servitude in order to take advantage of any self improvement programs such as tuition reimbursement.

Advice to ManagementAdvice

Take advantage of your existing talent before hiring outsiders and establish a plan for organized growth instead of buying whatever products that are both up for sale and that nobody else wants. Invest in your employees at all levels if you wish to keep them as many, including myself have either left for better opportunities, or are actively looking for opportunities with other companies.

Doesn't Recommend
No opinion of CEO

5 Other Employee Reviews for Meda (View Most Recent)

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  1.  

    Pharma

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales Representative
    Current Employee - Sales Representative

    I have been working at Meda

    Pros

    Development oppertunities, Team Work, The STR Program and sales on boarding process is the best in the industry.

    Cons

    Newly Aquired! Little is known about the current leadership of MEDA US.

    Advice to ManagementAdvice

    Continue to invest in the development of the field sales force. Training and internal communication from upper managment is a must in order to keep the best reps.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    SALES REP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Sales Professional in Somerset, NJ
    Former Employee - Senior Sales Professional in Somerset, NJ

    I worked at Meda

    Pros

    Meda was a great company to work for because expectations were very clear. I felt that my pay was on the higher end of similar pharma companies. If you had a good manager, communication flowed freely regarding changes. Company car, gas card, Amex all the same as other companies in pharma.

    Cons

    Management and Senior management were sub-par in my opinion, because they were folks who were not trained in their titles. For example, the person who headed up HR at the time VP of HR didn't have an HR background. Because the company is now a public company things happen to keep share holders happy, regardless of the impact on employees.

    Some people find the use of computers in the field a con, but in the end it was easier than paper. The product message seems to change every 60 days, and docs already know of the products. So, when you have a new spin doctor message, you may end up looking foolish.

    Advice to ManagementAdvice

    Stop making it difficult to hit bonus, stop changing the incentive comp plans, go back to monthly incentive comp, get people in senior positions who actually have practical application in those jobs. I.e. the VP of HR needs to be someone with HR experience and not someone who was in the field 25 years ago, and was promoted in house, and is now running a department they have no business running.

    Disapproves of CEO
There are newer employer reviews for Meda

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