Valeant

  www.valeant.com
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Valeant Reviews

Updated August 20, 2014
Updated August 20, 2014
38 Reviews

2.6
38 Reviews
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Valeant Chairman and CEO Mike Pearson
Mike Pearson
27 Ratings

Employee Reviews

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  1.  

    valeant experience

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

    Pros

    the managers were very friendly

    Cons

    no communication. no career improvement

    Advice to ManagementAdvice

    they need bring workers together .

  2.  

    Large corporation with the "lean structure" motto

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

    Pros

    Employees on-site are very friendly and helpful. There is laid-back culture, however the job gets done and the goals are met.

    Cons

    No HR on-site; upper management are in the East Coast so quite often feel that there is no cohesion. Acquisitions lead to "synergy", which means software systems and quality systems are scrapped or half-hazardly merged together. Very "dynamic" company.

    Advice to ManagementAdvice

    Too many chiefs, not enough indians.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  3.  

    Don't get comfortable

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

    Pros

    The people but many are gone and the rest are shell shocked

    Cons

    Way too much turnover due to the many integrations

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Great portfolio of products that customers like.

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

    Pros

    Pay 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.

    Cons

    Communication 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.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Company doesn't care about its employees. Its all concerned about making profit.

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

    Pros

    The company has good competitive salary and excellent benefits

    Cons

    The company has a large turnover rate, with many people leaving because dissatisfied.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Fast Paced

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

    Pros

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

    Cons

    Overseas communication due to different work hours

    Advice to ManagementAdvice

    Doing well. More resources would be beneficial to better control projects.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Uneasy, unstable, layoffs cut too deep

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer II  in  Rochester, NY
    Current Employee - Engineer II in Rochester, NY

    Pros

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

    Cons

    Since 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 ManagementAdvice

    Improve communications.

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

    Enronceuticals

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

    Pros

    Unless 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.

    Cons

    This 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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 3 people found this helpful  

    Finance

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

    Pros

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

    Cons

    Too 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 ManagementAdvice

    Stop 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Fast-paced environment in continual transition

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

    Pros

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

    Cons

    The 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 ManagementAdvice

    Management should allow sufficient time between major acquisitions.

    No opinion of CEO

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