Wyeth Reviews

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.

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.

Pros

Lots of opportunity to grow professionally - management supports cross-functional projects and initiatives. Good products that span pharmaceuticals, biotech drugs, vaccines as well as consumer products and animal health. Competitive compensation - includes base salary, annual bonus, restricted shares, stock options, and good benefits. 3 weeks of vacation to start for all employees plus a week off for the Christmas and New Years holidays.

Cons

Some sites are siloed. Many decisions are centrally-driven from Corporate (Madison) and Pharmaceutical headquarters. Overly conservative approach to what is inherently a risky business (drug discovery, development and commercialization). Legal and Finance make a lot of the decisions - Wyeth used to be a holding company and heritage is hard to leave behind.

Advice to Senior Management

Be aggressive in thinking - listen to the line management (not only your legal and finance advisors).

Pros

The integrity of the management team is not easily found in this industry and the location lends itself to a comfortable lifestyle

Cons

because they are in the process of being acquired by a larger company, there will be a lot of changes going forward and some challenges to getting things done

Advice to Senior Management

Stay focused to close the deal and then stay connected with the employees who have helped you to be successful.

Pros

The People are good to work with and try very hard under stressful times of acquisition, Salary is ok , challenge, Parking is free and garage in the winter. Have high standards

Cons

Benefits, medical out of pocket too much as well as rx drugs, raises are horrible does not keep up with cost of living. Get a bonus very little. Stock doesn't do very much. stressful under short time frmae to complete work. Documentation bogs down progress.

Advice to Senior Management

All the good people are gone try to tratian what is left

Pros

top pharma company, excellent prodcuts and best in class researchers. Pleasant atmosphere with good facilities. World wide development and collaboration.

Cons

Conservative approach, rigidity in some aspect. Lack of efforts in talent recognition and development.

Advice to Senior Management

More efforts in talent development and retention

Pros

Wyeth is a great company to work for. They have an excellent training system, people are very helpful, and the compensation package is good and cometitive. The pipeline is decent and the company has had important recent approvals by majorboards of health.

Cons

Stress levels have been extremly high since project impact was announced in early 2008 and have only increased since the Pfizer merger was announced. People have been trying to keep focus on work but there are too many distractions right now. We all feel insecure about our jobs and those who manage survivethe merger will face additional uncertaint until all integrations activities are finished.

Advice to Senior Management

Please increase communication about the merger.

Pros

Good Employee benefits; Flexible work hours; Training available for personal growth; ability to transfer between departments; Encourage independence; reward good work Both as a pro and con, Wyeth offers classes for helping employees through transition to Pfizer

Cons

Metrics all important; Salaries seem to be below industry average; High pressure to get things done Stress levels very high among lab personnel and supervisors
Classes offered to help employees through transition to Pfizer but must complete a full days work in addition to the classes

Advice to Senior Management

Respect for employees during the transition to Pfizer by giving time to attend transition classes without having to put in a full days work in addition to the classes

Pros

The location and campus are great selling points, but the real pro is the work enviroment- challenging, freedom to think and flexibility of hours.

Cons

Given the acquisition of Wyeth by Pfizer, there is a high level of uncertainty about which organizations and sites will remain unscathed. The current sentiment (July 2009) is that if you are in BioPharma or Vaccines you will be safe, since this will be headed by Wyeths current R&D head. Who Knows?

Advice to Senior Management

Please communicate better with all employees, especially during this stressful time. Unless you are near the top you hear very little of what is going on with the acquisition.

Pros

typical large company salary and benefits
opportunities to move to different groups
I like Wyeth's values that Ruffalo intituted (like respect for people) and think it made a difference in how people treated each other
Despite recent public dissatisfaction with Pharma (and what industry/organized institution has not suffered) it is a noble industry, what other one discovers and lauches new drugs to improve your health?

Cons

The biggest downside right now is the uncertainty of the Pfizer aquisition and subsequent loss of jobs
Wyeth has not had the success it anticipated in recent NDA applications, along with generic intrusion for protonix, and soon other big products, as in other pharma, the good old days are over and big pharma will go the way of steel and cars, still there but in much reduced form

Advice to Senior Management

for the guys at the top, I hope you enjoy all the cash you get from the buyout (millions of $ and years of salary) while you sold us out