Valeant
2.9 of 5 34 reviews
www.valeant.com Laval, Canada 1000 to 5000 Employees

Valeant Reviews

Updated Jul 4, 2014

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2.9 34 reviews

                             

48% Approve of the CEO

Valeant Chairman and CEO Mike Pearson

Mike Pearson

(23 ratings)

37% of employees recommend this company to a friend
34 Employee Reviews
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    Great portfolio of products that customers like.

    Senior Pharmaceutical Sales Representative (Former Employee)

    ProsPay for performance, job does not get stagnant, benefits are good, products are excellent. You have to be very good at getting the job done with less resources.

    ConsCommunication wasn't always the best and often the sales force felt their needs weren't heard. Always in a state of acquisition and needs of the field are not always a priority.

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

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    Fast Paced

    Senior Systems Tech (Current Employee)
    Hayward, CA

    Proslearning to work in fast paced environment, learn new technologies, project management, and team skills

    ConsOverseas communication due to different work hours

    Advice to Senior ManagementDoing well. More resources would be beneficial to better control projects.

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

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    1 person found this helpful  

    Enronceuticals

    Sales Representative (Former Employee)

    ProsUnless you want to be the laughing stock of the pharma industry, there are no pros to working at Valeant. The pay was terrible, we were treated like stepchildren, and doctors hate the company.

    ConsThis company is a ponzi scheme. Their entire business model relies on acquisitions, which must become larger and larger in order to leverage the companies ever growing debt. There is absolutely NO organic sales growth. Sooner or later, the house of cards will topple.

    Advice to Senior ManagementHow about not trying to destroy dermatology by acquiring every company in that space and then dropping all R&D.

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

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    2 people found this helpful  

    Uneasy, unstable, layoffs cut too deep

    Engineer II (Current Employee)
    Rochester, NY

    ProsMy pay did not decrease when Valeant took over. Medical and retirment benefits are relativley competetive.

    ConsSince aquisition of the company I worked for, layoffs have been quarterly and to close for comfort. There is no sense of long term employment or advancement in R&D.

    Advice to Senior ManagementImprove communications.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Fast-paced environment in continual transition

    Anonymous Employee (Current Employee)

    ProsThere are always opportunities to learn. The environment is very fast-paced. The company offers stock options, which are a very good incentive.

    ConsThe company is in perpetual transition and does not complete the integraton of one company before moving on to the next. The company operates under an extremely lean model, constantly downsizing and streamlining forcing everyone to be spread too thinly.

    Advice to Senior ManagementManagement should allow sufficient time between major acquisitions.

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    3 people found this helpful  

    Finance

    Anonymous Employee (Former Employee)

    ProsGreat employees, hard working culture, compensation is good, location is accessible, and facility is nice.

    ConsToo much stress, all the time. Company integrates new acquisitions, but lays off most of the workforce from the acquired company, leaving Valeant employees with double the workload, and no time to adjust to new processes.

    Advice to Senior ManagementStop acquiring companies with such large market cap. The business can handle small, $1-5 billion companies, but it is difficult to manage large $20 billion acquisitions. Each new acquisition puts an exponentially increasing level of stress on employees and continues to damage their work-life balance.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Very fast pace with lots of exposure but little guidance/direction

    Anonymous Employee (Current Employee)

    Prosdealing with 3rd party CMOs allows for virtual work. Exposed from OTC to prescriptions.

    ConsVery little guidance/direction. constant state of change without allowing time to acclimate.
    no honeymoon stage - always reacting

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    This company only cares about the bottom line, not their people.

    Aesthetic Injectable Sales (Former Employee)

    ProsNothing very good stands out as a Pro here.

    ConsYou're not valued as an employee. They are always trying to save a penny and you're not compensated well at all compared to other companies.

    Advice to Senior ManagementTry to fix the company culture here.

    No, I would not recommend this company to a friend

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    • Disapproves of CEO

    2 people found this helpful  

    Disfunctional

    Sales Specialist (Current Employee)

    ProsI came from Medicis who was bought by Valeant, just one of their many many many acquisitions. I made it through the layoffs but left to save my sanity. I have nothing good to say about this company.

    ConsOnce Valeant closes a deal, they are quick to slice and dice jobs. Those that are selected to stay wish they were cut, and allowed a measly severance. The culture is one of intimidation, manipulation, and if you are not that type of person you are quickly pushed out. If you are chosen to stay you are expected to do the work of 10 (the 10 that were cut). All that matters here is the bottom line. Nothing of substance..this company will soon implode.

    Advice to Senior ManagementThere is no saving this management team. To offer any serious advice is laughable.

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

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    good place

    Senior Pharmaceutical Sales Representative (Current Employee)
    Chicago, IL

    Prosit was fun, so i have no problem with it. good employer, good benefits and stuff

    Consno cons, its hard to find cons, there is a 20 word minimum otherwise i wouldn't keep on writing. congrats on the job if you get it.

    Advice to Senior Managementkeep up good works

    No, I would not recommend this company to a friend

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