21 Employee Reviews (View Most Recent)

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Disappointed

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Engineer  in  Colorado Springs, CO
Current Employee - Senior Engineer in Colorado Springs, CO

I have been working at Spectranetics

Pros

Located in Colorado Springs, CO

Cons

FDA and DOJ troubles
Executives over compensated for a company which has not shown a profit for several years
Product recalls are a quarterly event
Laser technoloy is a small niche market segment, most likely has reached it's growth limit

Advice to ManagementAdvice

Think of ways to get employees more engaged and empowered.

Doesn't Recommend
Disapproves of CEO

Other Reviews for Spectranetics

  1. 1 person found this helpful  

    Some suggestions and comments

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Colorado Springs, CO
    Current Employee - Anonymous Employee in Colorado Springs, CO

    I have been working at Spectranetics

    Pros

    Fairly relax atmosphere
    Decent medical benefits
    The company definitely helps improve the quality of life of the people who use the excimer lasers.
    Many people today would not have a leg(s) (having them amputated) because of severe peripheral artery diseases or worse.

    Cons

    Management doesn't really understand how to motivate employees.
    Too many chiefs, not enough indians.
    The dental benefits could definitely be improved, same coverage as the 1980s
    The product works extremely well, it just has not been marketed appropriately or effectively to those who have used it.
    Many top level managers are just too inflexible. The primary reason for doing nearly anything is “that’s just the way it’s always been done.” I have heard many people within the company complain that we are just missing too many opportunities because of corporate arrogance. It almost seems the upper management is confusing rigidity for values. There is also an expected resistance when offering new ideas to the company.

    Advice to ManagementAdvice

    Seek out talent from within the company - Don't be so quick to hire outside people when you have plenty of talent right here

    Doesn't Recommend
    Disapproves of CEO
  2.  

    A good place to work when times are great.

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

    I worked at Spectranetics full-time for more than 5 years

    Pros

    Strong Senior Leadership that has completely turned the culture around in a positive way. In addition, employees have an opportunity for career growth.

    Cons

    When sales are lagging, sales management tends to think short term and make deals with hospitals that hurt long-term business.

    Recommends
    Negative Outlook
    Approves of CEO
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