Pros

Good foot in the door, good experience and resume builder. Good if your job search is going nowhere and this is the first and only place to contact you.

Cons

-poor respect from senior managment, senior management did not do the quarterly reviews they were required to do.
-advancement seemed to be given on a random or arbitrary basis. Many employees that were promoted didnt deserve it and many that deserve it were given nothing.
-they often didnt promote from within. They would bring in people who knew less than you did above you because they had more "experience"

Advice to Senior Management

Treat your employees with respect, for senior management; bring in managers who are both knowledgeable in science and laboratory operations, and good with people.

Pros

Flexible schedule, management stays out of the way, good amount of vacation,

Cons

High employee turnover. Pay is below average, review process is flawed at best and is usually faked to to meet the numbers management is given.

Starting January of 2010 the 401k matching benefit is being cut.

The pension plan has been halted (3 percent of yearly earnings and now goes toward new 401k) with no matching.

In 2009 the employees were told that in order to weather the recession raises were being limited to 2 percent max.(Dave King made an extra 1 million this year) And the company is making record profits. Further there is no chance of advancement in the labs. We have been told many times that after a few years they want older employees to leave "move on..."
Right now it is very obvious that the older (5+ year) lab workers are being pushed to leave so they can be replaced with college graduates or when they can cheaper high school graduates.

Advice to Senior Management

David King came in talking about changing and improving the treatment of and communication with the employees. Instead conditions have gotten much worse. The real focus is obviously squeezing as much profit out the company as possible. This sadly is at the cost of professional experience and competence in the lab and a poorer over all service to the customer. I as an employee of lab corp for almost a decade no longer want my own or my families medical testing done here. I would rather pay to have it run in another lab than use the free testing benefit I get as an employee.

Pros

solid benefit package. potential to earn good commissions, large company so easy to transfer anywhere

Cons

lacks a stong power of communication. Too much red tape much like the government, is impossible to get many important things done. Puts growth second to the bottom line and stockholder opinios

Advice to Senior Management

I believe the leadership needs to focus on investing in labcorps future. Often times they would rather cut costs for a quick, satisfactory result rather than investing for the future growth of the company

Pros

LabCorp has a lot of vacation time for employees (18 days to start and 6 holidays). Also, medical insurance is cheaper than most companies.

Cons

It's a large company (26,000 employees), so upper management may see entire departments as $$ to be saved when it comes to layoffs. So sometimes you feel like just another number.

Advice to Senior Management

Communicate. Although this issue is improving, there is still a lot of room to improve communication from management to the people who do the work. We like to know where we are headed, it helps us to improve our motivation to go above and beyond our normal duties.

Pros

Wonderful co-workers within the lab.

Cons

No time off when needed. Can't call in sick. No overtime pay. Can't get in touch with Management when needed. No respect from Management. No Management backing. Constant nit picking from Management. Management is basically not there for us and telling us we are a tem. We are basically on our own. They are more interested in past due patient amounts owed that "billing" should be dealing with not the individual lab sites. Bottom line they want money and don't care about their employees or the patients.

Advice to Senior Management

Get with the program! Employees need help! It's not "black and white"! Management needs to listen to their employees.

Pros

Benefits are good. Vaction time is good.

Cons

Management is clueless at what it takes to get everyday operqation done. Favortism in job assignments. Management has own agenda.

Advice to Senior Management

resign and let more capable staff manage the company

Pros

You are fairly independent from the dealings of management, typically flexible hours and decent enough paid time off, free employee lab testing, reasonable 401(k) matching, the employee stock purchase option is a big plus, consistency in workflow.

Cons

Strange bureaucratic processes when applying for IT access, ordering supplies. Company doesn't seem to be on the apex of laboratory/technological innovation. Not as exciting as working for a large hospital, etc.

Although you're a "laboratory professional" you feel like you are working on an assembly line and the company does nothing to help alleviate that feeling either. Career potential is spotty given that it could possibly take years to even advance one notch.

Advice to Senior Management

New grads and new employees entering the field need to be given a vision about where they can go with the company. The bottom line is not all that counts.

Pros

So far , flexible hours and a hands off approach by supervision.I do not know what to expect but I have researched Labcorp as much as possible on the internet and in person. Overall employees and former employees seem to lean toward a negative opinion of the company. I will say this about them: In this economy and in this area of the country (midwest) they are hiring - the reason they are hiring here, I was told, is because they are growing.

Cons

Haven't had enough time or exposure to develop an opinion about company one way or another.

Advice to Senior Management

Please communicate better down the chain of command and allow for an exchange, don't just dictate.

Pros

The best reason to work for Labcorp is the experience your get. It's probaby a good starting place before you go to work at a hospital. You get a lot of practice as a phlebotomist due to the high volume of patients. The PTO is comparable to other places maybe even better. You get 144 hours to start off with then you get more after 5 years. The people I've worked with have been great. The staff is not the problem. I think it's the upper management. My co workers and I thing that they are so concerned with cost cutting and making more money that they forget about their employees.

Cons

Everyone is overworked as a lab technician. When someone goes on vacation, you will rarely get any help so you have to get ready to be on your own without help from management. There are clinics that have just one staff member to handle a room full of grouchy and impatient patients. Most don't even have time to take breaks anymore. More tasks are always added without getting any raises. I know people who've worked there for more than 10 years that have gotten less than a two dollar raise that whole time. Higher management just don't get it. Too much like working at a fast food place.

Advice to Senior Management

Hire more people.

Pros

Labcorp is a national leader in medical testing with large scale labs across the country, so there is the opportunity to move around if you would like. It is also a great place to START a career and gain experience. There are also many benefits that are available but are not taken advantage of.

Cons

A major downside would have to be the complete lack of information flow of the top down, it would be nice to know why the company is moving in certain directions, explain in terms other then profit e.i. long term viability and employ development. Employees should also feel secure in a company when it post record profits not that there lab could close at any moment.

Advice to Senior Management

Listen to employ concerns and not just pass on if out giving them any weight. Also if there are employees would like to do more then this should be encouraged not looked with suspicion.