Pfizer Reviews in New York City, NY Area

Pros

Opportunity to work on and contribute to large enterprise scale initiatives

Cons

There's a very Tall Hierarchy.

Pros

Pfizer is a good place to grow.

Cons

Constant Reorganization within Pfizer. Makes staying at one job hard.

Pros

Reasonable compensation and great benefits (although they are taking things away every year)
International exposure
Is a good name for your resume

Cons

Too political
Very bearucratic and slow to make decisions
Ineffective integration of Wyeth (2009) acquistion
Unwillingness to spend money on finance systems leads to mundane and boring work
Overworked
Constant layoffs with no plan in place for transitioning work
Extremely low employee morale
No guidance from senior management
Uncollaborative team (possibly due to job security concerns)

Advice to Senior Management

M&A deals should be handled in a more effective and efficient manner - particularly the post-implementation period. Are the synergies in these deals truly realized? The finance organization should be given better tools to do their jobs so that they can be a true business partner. Management should be held accountable for their actions and feedback should be given/provided on a more frequent basis (instead of two times per year). For layoffs, a transition plan should be implemented – their work does not go away, it is merely absorbed by the already over-worked staff.

Pros

You can get the opportunity to work on lots of projects always something in development,
And if you align yourself with the right people you can learn a lot. Opportunities for professional development is varied. The culture in itself demands that you are proactive and like to take initiative. They like it also when you show problem solving capabilities.
Families life is valued works well if you're a working mother

Cons

Not much happening for you if you are not in sales. I sort of understood that if you weren't a rep/military certain jobs weren't open to you but I think it became pervasive for most of the positions.

Advice to Senior Management

Not everyone wants to be a sales rep but can contribute in other ways. Especially if you've been working there for a long time and completed your education.

Pros

Competive salary, respect for people, work/family life balance is well respected and encouraged. Great benefits, and fitness center on site!

Cons

No bonus or incentives for non management employees. Constantly cutting jobs or relocating people. You never know if you are next.

Advice to Senior Management

If you expect employees to go above and beyond, you should provide bonuses and/or incentives to ALL employees.Or at least make it easier or encourage the managers to provide.

Pros

Great benefits; high-end salaries; many mid-level employees who want to do the right thing despite the lack of senior management support.

Cons

Until Pfizer figures out who it wants to be (or discovers a new drug), the company will continue to be in chaos. The key word at Pfizer was once "integrity." From my perspective, the new words are: view legacy staff as "old-school" and then hire managers from the outside, provide hugh sign-on bonuses, discover that they are in fact incompetent and only interested in lining their own pockets, and then pay them to leave. When Pfizer managment understood the pharamaceutival industry, as the current administration does not (except for the lame duck CEO), Pfizer was a great company. Once senior management was replaced by people with no long-term vision, it was the beginning of the end. If you accept a job at Pfizer, remember the name of the game is not speaking your mind about anything, ever. Just say yes and collect a big fat paycheck. If you want to understand Pfizer, read the aricle "Inside Pfizer's Palace Coup" published on July 28, 2011.

Advice to Senior Management

Recognize the level of incompetence that surrounds you and do something about it. Or just give up as many employees have. Good luck.

Pros

Benefits package, Compensation, Midtown Manhattan location

Cons

Lack of communication from management
Profits come first is now a not so subtle message- was not always so blatant

Advice to Senior Management

Pfizer should be more of a people company, less of a profit machine. It is a company that preaches values that it does not exhibit often enough.

Pros

The company pays well, is a good place for working parents and, if you are staff, offers really good benefits.

Cons

Upper management is so busy brokering deals to make investors money that it cares little about the actual individuals who are doing the work. Folks are laid off with little notice or care and the environment is a bit toxic.

Advice to Senior Management

Treat employees with the respect they deserve; i.e., stop holding "Town Halls" where no relevant information is given and important questions that staff really want and need answers to are ignored. There is nothing worse than being lied to and told to accept it.

Pros

Large, diverse multinational company with excellent benefits package. New York headquarters is full of international colleagues and very stimulating at all times.

Cons

Company faces revenue challenges with loss of patent exclusivity for key products. Frequent changes in structure require adaptability. Repeated takeovers of other large companies (Warner Lambert, Pharmacia, Wyeth) meant frequent staff reductions.

Advice to Senior Management

Empower the divisional leaders to make decisions and reduce the time spent going up the ladder for approval. Reducing HQ time spent in lengthy meetings.

Pros

if you are established within an existing "tower" you may have enough connections to bypass the next wave of lay-offs.

Cons

As listed in the review headline; can you really function at peak performance when no one has your back let alone your future?

Advice to Senior Management

Appreciate that your staff and middle management are directly affected by and spread the tone from the top, for better or worse.