Thoratec Corp Reviews

Updated April 11, 2015
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2.8
32 Reviews
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D. Keith Grossman
2 Ratings

Employee Reviews

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  1. Worthwhile as a stepping stone.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Scientist in Burlington, MA
    Current Employee - Scientist in Burlington, MA

    I have been working at Thoratec Corp

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Good salary & decent benefits. Outings are fun. Some opportunity for growth and development.

    Cons

    Some co-workers & upper management will treat you well & respectfully; unfortunately others will not.

    Long hours, tight (sometimes unrealistic) timelines. Depending on employee, work schedule & demands will vary; some managers have "favorites".

    Advice to Management

    Pay attention to morale and how departments are managed. Stop paying attention to strategy of competitors & innovate within & strategize better. Prioritize, prioritize.

  2. Engineering

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

    I have been working at Thoratec Corp

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Best work life balance of any company I've been at.

    Cons

    New management, reshuffling. Unclear future, unsettling feeling.

    Advice to Management

    Share your vision.....engineers can only float along with no info on what they're going to be working on for so long.

  3. Great device, horrible environment

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

    I worked at Thoratec Corp full-time

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Amazing device that saves peoples lives

    Cons

    Rely too heavily on their device with no regard for how the workers are treated. Overall morale is terrible and not improving, mostly due to the way management treats hard workers. Mediocrity is rewarded, especially if one does only what they are told. Those trying to make the company a better place are labelled as problems and are mistreated. Very high turnover with no changes instituted as a results of high turnover. No interdepartmental communication, very silo-ed. Very tight timelines with no regard for number of people on a team, unrealistic to have a personal life and meet timelines. They do not reward hard workers with position upgrades.

    Advice to Management

    Treat your employees better and they will stay longer. Better industry standard compensation and most of all respect and gratitude for hard work.

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  5. Great product, terrible place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Clinical in Burlington, MA
    Former Employee - Clinical in Burlington, MA

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

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    They have a great product.

    Cons

    Because they have a great product they think they are untouchable, and have no regard for regulatory compliance and ethical integrity. Management doesn't manage, so the staff have the freedom to run the show, and decide if they feel like working. If you are a hard worker, then you are a problem. Don't bother making suggestions for more efficient processes. because the thought is.....well it worked the last time. As a result they do things in very inefficient ways because management refuses to acknowledge or address issues. They string people along with promises that are never kept. I don't recommend this place to anybody I know. I actually tell them to stay away from here.

    Advice to Management

    Wake up and manage!! Quit fraternizing with staff, and do your job, work isn't the place for a friendship competition.

  6. Management is poor. Minimal training & a toxic work environment across all departments. Not worth your time.

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

    I worked at Thoratec Corp

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Product is amazing & saves lives.

    Cons

    Benefits are minimal. No work/life balance & no support from upper management

    Advice to Management

    Treat your employees better & they will stick around longer

  7. Helpful (2)

    Professional and satisfying environment

    • Work/Life Balance
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thoratec Corp

    Recommends
    Recommends

    Pros

    Great work life balance, I have a great manager. I've been working here for over 3 years and hope to continue for a long time.

    Cons

    Recently there's been changes with executives, makes me wonder if there will be significant changes in the near future.

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quality in Pleasanton, CA
    Current Employee - Quality in Pleasanton, CA

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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.

  9. The company culture is good.

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

    I worked at Thoratec Corp

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Flexible work hours. Good Colleagues.

    Cons

    New upper management. Unsure about company's future.

    Advice to Management

    Be more transparent. Don't bring politics into everyday working.

  10. Okay company

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

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    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.

  11. Disgraceful, unprofessional environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quality in Pleasanton, CA
    Current Employee - Quality in Pleasanton, CA

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    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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