Wyeth Reviews

Current Employee – been working at Wyeth

Pros – Wyeth was a good place to work. The atmosphere was pleasant and the work interesting and challenging. Advancement was about average for a large company, especially if you were a good performer and went above the call of duty.

Cons – Since Pfizer has now acquired Wyeth, the atmosphere is filled with tensions. People don't know their status and even if they've been told they have a job, they later come to find out that they don't. Pfizer's pay scale is a bit better than Wyeth's but there are no annual bonuses for those below a very high level (Director and above). Newcomers may fair better than legacy Wyeth people as Pfizer's MO is to rid themselves of legacy people, especially anyone with more than 5 years. Layoffs are not well thought out and the company goes out of its way to avoid the mandatory 2 months WARN law.

Advice to Senior Management – Get your act together quickly so that those who have been retained are willing to stay. A lot of good people were let go and a lot of good people are looking to get out so that they don't face the rigors of being unemployed and deemed undesirable by other companies.

Yes, I would recommend this company to a friend

Former Employee – worked at Wyeth

Pros – The Collegeville location is an excellent place to work. It has several amenities including a gym, credit union and cafeteria.

Cons – Since the Pfizer buyout, morale is low. Pfizer is making decisions that will probably raise the short term bottomline, but hurt the long term profitability of the Wyeth products.

Advice to Senior Management – Rethink the decisions about new leadership.

Former Employee – worked at Wyeth

Pros – Great small community feel on-site. It has its' own bank with real tellers, cafeteria, lots of wide open space and an all inclusive recreation program. Good people. Best labs in the industry.

Cons – There is no Wyeth anymore. Being swallowed into the monolith of Pfizer was a huge blow to the morale and community as a whole.

Advice to Senior Management – Take the money and run.

Yes, I would recommend this company to a friend

Former Employee – worked at Wyeth

Pros – Good pay. Good vacation policy, stock options were nice as well. Company provided relocation was also very good. Challenging and rewarding work environment.

Cons – A lot of of overtime. Once at corporate, I felt a little more pigeonholed, and it was harded to get involved around the company.

Advice to Senior Management – It's probably too late now as the company is now owned by Pfizer. It was a fun ride, and they helped me out a ton with professional develoment.

Former Employee – worked at Wyeth

Pros – Co-workers were great. The atmosphere was one that fostered communication and collaboration between departments and employees. Consultants were treated just like employees.

Cons – Policies were left up to lower level management to interpret and enforce. Many times lower level managers would not allow employees to take advantage of work from home policies - though they would allow themselves to do so.

Advice to Senior Management – Many managers incompetent; should weed out the "dead wood". Be fair to employees with the company policies.

Totally against the sale to Pfizer. The Wyeth founders must be turning in their graves! What a shame.

Former Employee – worked at Wyeth

Pros – No longer an option, due to acquisition by Pfizer.

Cons – General industry con... the downsizing will continue.

Advice to Senior Management – Put more emphasis on the patients and the employee's and less on your big salaries, bonuses, and golden parachutes, especially the value of your tenured people.

Yes, I would recommend this company to a friend

Former Employee – worked at Wyeth

Pros – Room for growth, loyalty, good benefits and compensation. Good work life environemnt. Various opportunities for advancement. Good training provided. Good products to work with.

Cons – Too many layers for communication. Top down management approach makes it difficult to get decisions through quickly. Sometimes behind the curve in taking the lead.

Advice to Senior Management – Stay true to your company. Your goal is to increase shareholder value but don't do it at the expense of employees.

Yes, I would recommend this company to a friend

Former Employee – worked at Wyeth

Pros – Wyeth is a worldwide leader in the healthcare industry using their expertise in R&D to discover new treatments in disease states such as RA, bone graphing, cancer and Alzheimer’s. There was opportunity to advance in many different departments whether you were interested in sales, marketing, operations or managed care. The compensation was competitive in the marketplace with an excellent training program to ensure the employee is thoroughly prepared for the position.

Cons – Wyeth was a very large organization with around 45K employees in over 140 countries. Many of the processes and procedures to implement any type of program or initiative took a great deal of time before approval. The interfacing within departments was sometimes lacking which increased implementation timetables. Because of doing business in a highly regulated industry, there were numerous policies and procedures that were interpreted by Wyeth in the most conservative sense.

Advice to Senior Management – I would say that Wyeth should have been more aggressive in understanding the various complexities of the markeplace namely managed care, Medicare and Medicaid and applied more resources including personnel and funding to maximize the opportunities that were available. Also, figure out a way to reduce the number of home office meetings and increase productivity. In my experiences in the home office, there was a over abundance of meetings that in the end were not really productive.

Yes, I would recommend this company to a friend

Former Employee – worked at Wyeth

Pros – Reasonably good salary
Good benefits
Pleasant enough work environment
Adequate computer & office supplies
Pleasant campus with pretty nice amenities

Cons – Atrocious corporate intrigue at the mid-to-lower levels
Senior management totally out of touch with the people who actually do the work
Too many people coasting to retirement

Advice to Senior Management – The fat-cat style of management will drive all your good employees away. You have to be informed about a subordinate's skill set before you can judge whether or not they've done a good job.

Current Employee – been working at Wyeth

Pros – direct management is some of the best in the business. managers help you achieve your goals, without putting alot of unnecessary paper work on you. great class of people

Cons – wyeth has undergone many layoffs in the last 5 years, which is frustrating, but not the only one in the industry.

Advice to Senior Management – give bigger incentives to your top performing reps.

Yes, I would recommend this company to a friend