Thoratec Corp

  www.thoratec.com
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Thoratec Corp Reviews

Updated Jul 13, 2014

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All Employees Current Employees Only

3.2 21 reviews

78% Approve of the CEO

Thoratec Corp CEO Gerhard F. Burbach

Gerhard F. Burbach

(9 ratings)

63% of employees recommend this company to a friend
21 Employee Reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Approves of CEO

     

    Software Engineer loves working here!

    Software Engineer (Current Employee) Burlington, MA

    ProsVery friendly and minimal stress work environment. Great Managers, smart, friendly, respectful, and understanding. Excellent work-life balance. No "clock punching", as long as you are keeping up with your assignments you can pretty much come and go as you please (exception is having to be there for scheduled meetings, which of course is very reasonable). Friendly co-workers. A very rare work environment with a strong culture of respect and consideration for others. World-leader in our industry. Tons of investment in R&D, product pipeline will be full for years to come. Nobody here can remember when or if there has ever been layoffs - very low turnover. Tough multi-day interview process, but once you're in it appears that you have very good long-term job security (some current employees in R&D have been with the company up to 30+ years). Best bosses and working conditions in my 35+ year career.

    ConsPay is OK, but certainly not the best among local tech companies. In some ways it feels like a company that has no competitors, because for decades that was the case. Thoratec needs to be very aware at all levels that we are no longer a monopoly, some changes need to be made to increase our competitiveness so that we can remain #1. Frustration can occur with engineers because of the glacial pace we must proceed at (being FDA regulated), patience is a required trait here if you don't want to go crazy. Everyone here seems to be risk adverse to an extreme fault, sometimes stunting the engineers ability to use the latest technology and tools (it's been working this way for years, DON'T CHANGE IT!) - a little more risk taking to advance our technology and methods might not be a bad thing.

    Advice to Senior ManagementAllow engineers to spend 15% or 20% of their time working on their own personal projects which will enhance their familiarity with the latest technologies and increase their motivation, productivity, and job satisfaction - it's better than just surfing the net when one needs a short break from their current tasks or when they are between tasks.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Good Products and Company but Can Be Improved

    Anonymous Employee (Current Employee)

    ProsThe new tech in the pipeline shows promise but needs more resources and manpower to make the product better. Company definitely value their products to ensure its safety and efficacy.

    ConsLack of resources and minimal funding. One employee maybe performing a two person job. No sick leave - you use your PTO. Employees either technicians or managers need more training in their respective roles. Difficult to move up in the company especially if you are a technician.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Work Experience

    Mechanical Engineer (Former Employee) Pleasanton, CA

    ProsInteresting 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.

    ConsEverything 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 Senior ManagementKeep it up

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great company to work for.

    Senior Engineering Technician (Former Employee) Burlington, MA

    ProsGreat collaboration. Mnagement conveyed company values and business goals well.

    ConsI have no cons to mention.

    Advice to Senior ManagementNone.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
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    • No Opinion of CEO

     

    Marketing is unethical & sleazy.

    Technical Writer (Former Employee) Pleasanton, CA

    ProsBetter than no job at all.

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

     

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

    Anonymous Employee (Former Employee) Pleasanton, CA

    ProsDedicated 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.

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Career Opportunities
    • No Opinion of CEO

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    Could be better.

    Business Analyst (Current Employee) Pleasanton, CA

    ProsCo-workers are great.

    ConsManagement 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 Senior ManagementGet your act together and listen to your employees.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    • No Opinion of CEO

     

    Unethical management style and no independence of quality auditors

    Quality Auditor II (Former Employee) Pleasanton, CA

    ProsGreat benefits and bonus pay rate.

    ConsAs 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 Senior ManagementImprove policy and training for inclusion and engagement of employees

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Approves of CEO

     

    Your work makes a difference

    Anonymous Employee (Current Employee) Pleasanton, CA

    ProsGreat 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.

    ConsLack of management communication and systems

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Disapproves of CEO

     

    Every year someone in each department is targeted and fired

    Senior Business Systems Analyst (Former Employee) Pleasanton, CA

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

    ConsManagement 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 Senior ManagementKeep everything above board. Don't keep secrets from the employees.

    No, I would not recommend this company to a friend

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