Thoratec Corp Reviews

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D. Keith Grossman
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16 Employee Reviews

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  1. Helpful (1)

    Okay company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pleasanton, CA
    Former Employee - Anonymous Employee in Pleasanton, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Thoratec Corp full-time (More than a year)

    Pros

    Work/Life balance; Employee stock purchase program; Heath benefits are okay, but not great.

    Cons

    Lack of sophisticated systems (i.e. HRIS); Extremely limited career growth/promotional opportunities on the corporate side of the organization; No robust professional development program; PTO instead of separate vacation and sick leave.

    Advice to Management

    If you want to become a larger global company, you need to start thinking like one now.


  2. Helpful (2)

    The apple looks good from the outside, but rotten on the inside

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quality in Pleasanton, CA
    Current Employee - Quality in Pleasanton, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Thoratec Corp full-time (More than a year)

    Pros

    401K contributions are 50% matched. If you're in management, from supervisor on up, there are generous stock grants as part of compensation that are above and beyond cash bonuses.

    Cons

    The operational standards are very low. Business Infrastructure is very 1980s or early 1990's. Tools and systems are outdated. The various departments are "silos". Very little teamwork and lots of blaming when things go wrong. And they go wrong often. Those that have tried to do the right thing and make things better are labeled as troublemakers or forced out. Problem areas are ignored until a regulatory audit actually issues an audit finding. Even then, the "correction" is as minimal as possible.

    Advice to Management

    There are too many managers and too many departments that are doing virtually the same thing. Invest in proper training programs for employees at all levels.


  3. Helpful (1)

    Disgraceful, unprofessional environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quality in Pleasanton, CA
    Current Employee - Quality in Pleasanton, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Thoratec Corp full-time (More than 3 years)

    Pros

    There are no pros to be part of this organization.

    Cons

    Management was about as unprofessional as I have every experienced. Dishonest, disgraceful, pathetic, low class and mind blowing.

    Advice to Management

    Get on the ball and work on your professionalism.the comments do not pertain to all and the guilty should know who they are........... you are in the wrong business!!!!!


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  5. Work Experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mechanical Engineer in Pleasanton, CA
    Former Employee - Mechanical Engineer in Pleasanton, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Thoratec Corp full-time (More than a year)

    Pros

    Interesting place to learn many new things, interaction with doctors and many interdisciplinary problems. good benefits, lots of training, rich company, great work accommodations. great place to learn about materials and different types of materials testing, people are extremely nice and approachable. Less stress compare to semiconductor equipment business.

    Cons

    Everything moves very slow, going around FDA requirements sometimes makes the design almost impossible. Too much outsourcing of the design makes it hard to manage future developments. Need to keep ideas in the house.

    Advice to Management

    Keep it up


  6. Helpful (1)

    Marketing is unethical & sleazy.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Technical Writer in Pleasanton, CA
    Former Contractor - Technical Writer in Pleasanton, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Thoratec Corp as a contractor (Less than a year)

    Pros

    Better than no job at all.

    Cons

    R&D was in Boston requiring early hrs. for conference calls. My mgr. in Marketing promised a lot but only talking a good game, never delivered on anything, like bringing this contractor on permanently, he was always gone but still demanded wkly. progress reports. I was forbidden to communicate with permanent coworkers to prevent comparisons as I learned they were severely underpaid. When project neared completion & budgets cut he couldn't find any performance-related reason to layoff so he sneaked around with 3rd parties looking for anything to criticize & manufactured something. I'm told that's SOP there with marketing.

    Advice to Management

    Workplace & especially marketing policies are unprofessional & cheap. There are lots of trust issues between workers & mgmt. for good reasons.


  7. Helpful (1)

    Passionate and dedicated employees but management is a bit out of touch

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pleasanton, CA
    Former Employee - Anonymous Employee in Pleasanton, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Thoratec Corp full-time

    Pros

    Dedicated employees are united by their lifesaving cause. Their product lines for mechanical circulatory support (MCS) are industry leading. Their patients are forever grateful for this second chance at a better quality of life.

    Cons

    Little recognition of even substantial achievements. Lack of any true career mobility. Thoratec tends to bring in outside talent rather than groom existing employees.


  8. Helpful (1)

    Could be better.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Pleasanton, CA
    Current Employee - Business Analyst in Pleasanton, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Thoratec Corp full-time (More than a year)

    Pros

    Co-workers are great.

    Cons

    Management is not that great. The company has been around for over 30 years but you would never know it. Many things are not well thought out before they are executed.

    Advice to Management

    Get your act together and listen to your employees.


  9. Unethical management style and no independence of quality auditors

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Auditor II in Pleasanton, CA
    Former Employee - Quality Auditor II in Pleasanton, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Thoratec Corp full-time (More than a year)

    Pros

    Great benefits and bonus pay rate.

    Cons

    As the quality auditor in the compliance department, I did not have the ability to make independent audit decisions and was directed to alter my reports based on what I was told. There is this mentality of “you can make everything a finding” and when things don’t go as intended, you’ll be “thrown under the bus”. There was constant pressure to meet schedule and you were rewarded with more work.

    Advice to Management

    Improve policy and training for inclusion and engagement of employees


  10. Your work makes a difference

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pleasanton, CA
    Current Employee - Anonymous Employee in Pleasanton, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Thoratec Corp full-time (More than a year)

    Pros

    Great employees; amazing products. When patients come to the facility and talk about how Thoratec's products kept them from dying it really brings home the fact you're making a difference with your work.

    Cons

    Lack of management communication and systems


  11. Every year someone in each department is targeted and fired

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Systems Analyst in Pleasanton, CA
    Former Employee - Senior Business Systems Analyst in Pleasanton, CA
    Doesn't Recommend
    Disapproves of CEO

    I worked at Thoratec Corp full-time (More than 8 years)

    Pros

    Great profit sharing and high salaries in a comfortable office environment. Cutting edge medical device products including heart pumps.

    Cons

    Management secretly meets to profile and target and fire professionals. It sounds paranoid, but it was true. I was fired in order to promote a peer to director level. They needed my salary to justify promoting him.

    Advice to Management

    Keep everything above board. Don't keep secrets from the employees.



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