Prescient Reviews

Updated February 20, 2015
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3.0
18 Reviews
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Prescient CEO Jamie Denison-Pender
Jamie Denison-Pender
7 Ratings

Employee Reviews

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  1. 3 people found this helpful

    Challenging but worth it

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

    I have been working at Prescient full-time

    Pros

    Incredible breadth of exposure to therapeutic and functional areas in the pharma, biosimiliars and medical device areas.
    Quick and generous recognition of talent and hard work.
    Get to speak to and work with an incredible array of leaders in the pharma industry.
    Company is growing and expanding offerings which will hopefully mean more career opportunities internally.

    Cons

    Primary research is a talent and not everyone can hack it so turnover has been high.
    Company is experiencing growing pains as it expands and that does affect us.

    Advice to ManagementAdvice

    Communicate! Don't assume we know what's going on.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Wolf in Sheep's Clothing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Summit, NJ
    Former Employee - Analyst in Summit, NJ

    I worked at Prescient full-time (less than a year)

    Pros

    Colleagues were decent people.
    One of the directors that has been there forever is a good person but has no say or power to make any changes.
    Learned a lot about the Life Sciences industry very quickly.

    Cons

    Awful leadership in US (seems like those people are no longer with the company) - manager gave reviews that were great and then would tell director that performance is not great.
    Deceitful in branding - they are a CI company wrapping themselves up as a strategy consulting company.
    Deceitful practices are encouraged to get the job done.
    Leadership in UK is arrogant and has no regard for employees besides their buddies that are PM or above.

    Advice to ManagementAdvice

    Pay attention to the high turnover - it happens for a reason. Talent should be retained but doesn't stay due to the business model.
    Either be a CI company and own it or don't. Stop lying to incoming employees and fooling yourselves into thinking you are strategy consulting. Strategy consultants pay honoraria to to the experts they speak with to provide strategic consulting to clients on non-confidential information. CI companies do not and they misrepresent themselves to get the information they need, even if it is confidential and proprietary.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful

    Challenging but beneficial work experience. If you can stick it out, it's worth it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Summit, NJ
    Former Employee - Senior Analyst in Summit, NJ

    I worked at Prescient full-time (more than a year)

    Pros

    Very dynamic, interesting work. You are quickly exposed to, and learn a lot about the pharmaceutical industry. You get to travel (sometimes internationally) to conferences, client sites etc, and often get to stay in nice hotels and enjoy nice meals for these trips (all expenses paid). It's definitely a great way to get into the Biotech/Pharma industry, especially for those who have no experience (fresh out of undergrad, or grad school). Benefits are excellent, PTO is better than most US companies as this company is HQd in the UK; summer fridays are flexible (they let employees leave early provided important work is done).

    Cons

    Previous reviewer was right about the challenges of primary research. It's not for everyone. Oftentimes, the workload can be a lot to bear. Also career advancement often depends on having the "right mentor" and it's very important to forge the right relationships with senior management or you may get left behind. However, if you do the work, and have the right support you will be rewarded, you just have to work hard at making your efforts visible/seen by the right people.

    Advice to ManagementAdvice

    Transparency is key, communication is often lacking. Management need to work hard on these.

    Recommends
    Neutral Outlook
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  5. 3 people found this helpful

    Great learning opportunities in multiple Therapeutic areas

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at Prescient full-time (more than 3 years)

    Pros

    Responsive and empathic management,great learning opportunity,multiple client contacts,national and international travel,new avenues for learning keep opening up,clear cut career pathways within the company

    Cons

    Hectic schedules and long hours come with the job like any other consulting firm. if you are looking for a 9 to 5 gig this is not the job for you

    Advice to ManagementAdvice

    Internal Communication and career management of current employees is key for growth

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful

    It's not how well you work, but how well you kiss ass and use other people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Newark, NJ
    Current Employee - Senior Analyst in Newark, NJ

    I have been working at Prescient full-time (more than a year)

    Pros

    Exposure to the healthcare and pharma industry, building your network in the pharma industry, good stepping stone to other jobs in consultancy.

    Cons

    Lying to people on the phone to get competitive intelligence, passive bullying at work, very low pay for the junior members, disorganized strategy, "unprofessional" relationships between senior members, hypocritical leaders, lack of a training program, senior members taking credit for your work and then giving themselves huge salaries, bonuses and a promotions, a few token junior members rapidly accelerated to Project Manager because of their "special" relationships with members of senior management, people without medical research backgrounds being transferred from other divisions and replacing other more qualified and experienced people...the list goes on.....

    Advice to ManagementAdvice

    Read the cons section.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful

    Not recommended at all

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Summit, NJ
    Former Employee - Senior Analyst in Summit, NJ

    I worked at Prescient full-time (less than a year)

    Pros

    Vast exposure to pharmaceutical practices and strategies and you might get to travel to international conferences but that is about it.

    Cons

    In a nutshell "Don't even consider the place unless you are willing to go against everything that is moral, ethical and fair". Though management preaches to be ethical their expectations are that you get the job done by hook or crook. Only people who succeed in the organization are who adapt to their style quickly and become one of them. Most managers are incompetent and cover their incompetence by bullying you. You won't be learning any skills, because there are none to be developed except how to deceive other people. The list can go on and on but this is about good summary about this place.

    Advice to ManagementAdvice

    Could care less about this place

    Doesn't Recommend
    Neutral Outlook
  8. So Called Consulting Only Cheap CI

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Gurgaon, Haryana (India)
    Former Employee - Project Manager in Gurgaon, Haryana (India)

    I worked at Prescient full-time (more than a year)

    Pros

    Only Exposure to Biotechnology/Pharma/Life Sciences CI is the only known advantage

    Cons

    Where to start from? Changed levels Analyst to Associate Senior Analyst to Associate Consultant Project Manager to Consultant Associate Director to Senior Consultant and may be all that Senior Principal Knows! But still employs people at level which could be as cheap as possible!! Lying to get information on Phone and in conferences!!! People in all offices have left Prescient as company does cold calling to do dirty work of big pharma! No respect whatsoever from Clients either! They think they are so called strategic consulting and directors sitting in Bangalore Gurgoan and London try to show it is indeed! But everyone knows they are doing cheap CI! Nonetheless Big Pharma has asked them not to call them at all! No paid calls! Everything is so cold in the office that u can feel it! Politics and Dirty Games with crappy people all around you sticking their tongues in your promotion! I can go on about them but please make wise decision

    Advice to ManagementAdvice

    Nothing can be done about them

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful

    Miserable expereince, seatshop culture, illegal misrepresentation to obtain confidential information!

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

    I worked at Prescient (more than 5 years)

    Pros

    You get a salary to feed yourself, but be sure you also swallow your self esteem and honesty with your food!

    Cons

    If you are reading this, it is very likely that you have just escaped a sweatshop or you are currently deciding if you should join a mediocracy (and not a meritocracy!) named Prescient life sciences/healthcare group/market research or any of the other fancy division that have started since 2013. Occasionally, you may be the management of the company or an existing employee. If you are looking to join Prescient, your choice cannot be clearer- escape deceit. The job description you have applied to is bogus- you will realise that within a week if you join the company.

    Not to mention some of the positive reviews you may read seems to have been written by the management themselves.

    Essentially, Prescient is a 'competitive intelligence agency' (google it if not sure), not a strategy consultancy firm in any way no matter how loudly the loyal servants (the one who have stayed on for 6 or 7+years) would want to shout and say no to this. Illegal misrepresentation is rife to obtain confidential information from the competitors of clients as well as others (e.g. doctors, analysts. etc). You get zero respect from your clients and they see you as their slaves doing their dirty job for them!

    I hope some of Prescient's clients are reading this and be warned that whistle blowers can always crop up overnight.

    Years 2013 and 2014 have seen mass exodus of staff from all offices of Prescient. On one single day almost a third of the employees quit the Indian office (colonial sweatshop) - can there be a tighter slap on the face of management than this! Shameless as they are, large scale exploitation of new graduates and PhDs have been continuing unhindered.

    I have been at Prescient for over 5 years and always the staff is either newbies in need of basic experience of working in a business or are laid-off, disgruntled, mid-level ex-pharma employees who have been forced to take up the job temporarily because of their financial liabilities. The result is quite simple- a very high turnaround of staff, hence interrupted growth and progress, and unnecessary pressure on existing staff when others leave. A funny 'budget' that is set by management will always cut into your bonus and pay rise, no wonder the ones who stay on really like the stuffy office and other things that I am unaware of.

    There are a few stealthily racist senior female employees in the UK office. If they went back 50-60 years they would have literally cracked a whip on to the non-British staff. Surprisingly the management is well aware of it and I believe they condone it in a way as well or just don't care so long as their purpose gets served.

    Your choice is simple dear friends, eat the apple or kill the snake!

    Advice to ManagementAdvice

    Too late now.....

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. Great company, great people, great opportunities

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

    I have been working at Prescient full-time

    Pros

    Great exposure to the Pharma industry. Very talented people with huge cumulative knowledge (disease area and functional). If you want to learn the Pharma industry this is the place to be. Opportunities for growth and culture that encourages growth. Positive senior management attitude/culture towards addressing issues/concerns of employees. Great bunch of people, nice work environment. International environment and culture. Flat structure.

    Cons

    High-pressure environment, tight deadlines, long hours occasionally but these are traits of the business and not of the company.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 4 people found this helpful

    Fast-paced, growing and dynamic workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at Prescient full-time (less than a year)

    Pros

    - This is a great place to work for anyone who has a growing interest in clinical research, the life sciences or pharmaceutical industry, but also a good opportunity to those who want to apply or further increase their knowledge in business processes and management.
    - The diversity of projects will enhance your knowledge of a wide range of therapeutic areas in a very short space of time and you will learn a range of transferable skills in primary and secondary research
    - You are guided by very well-qualified and educated people who have a large amount of experience in the life sciences, including those with PhDs, post-docs, previous experience in major pharmaceutical industries and qualified physicians
    - There is opportunity to travel as the company works globally with top tier pharmaceutical companies
    - The company is growing and expanding rapidly, so the future outlook is strong and exciting

    Cons

    - Working in a fast-paced consulting environment is not for everyone, you need to be able to manage high pressure at times and prioritise deadlines while maintaining a good work ethic and attention to detail. But If you can manage the pressure, you will thrive!
    - Primary research can be challenging, hence good communication and interpersonal skills are essential

    Advice to ManagementAdvice

    Ensure individual employees are adequately rewarded and recognised when exceeding expectations
    Organise more social events

    Recommends
    Positive Outlook
    Approves of CEO

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