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Medpace

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Medpace

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Medpace FAQ

Have questions about working at Medpace? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Medpace.

All answers shown come directly from Medpace Reviews and are not edited or altered.

61 English questions out of 61

March 30, 2022

What is paid time off like at Medpace?

Pros

The company realizes that people are quitting left and right every week. They are very micromangey with your times, sharing your calendar, flex hours, etc. that even if you are doing work everyone must know what you are doing and where you are at at all times. They used to make everyone come in to the office and you weren't eligible to work from home until after 1 year, but with so many people quitting, the company has changed it to 6 months now. However, they start you off with 8 work from home days a month and you have to have active sites with patients enrolled to even qualify. The pay is also unbelievably low compared to other CROs and market rate even with no experience. The range they give you are extremely variable and I've seen a pharmacist with 3+ years of experience at 55k a year while a new grad with a masters in physiology getting 75k a year. People with similar backgrounds started at 60-65k a year back in 2019, and this company is still offering that range in 2022 for people with advanced degree. There is absolutely no consistency in how they determine your salary even if they tell you it's based on experience, education, and GPA (LOL). This can't be further away from the truth as there were people with 0 years of experience and lesser degrees and lower GPAs receiving higher pay than people with actual life and industry experiences. They are also offering some kind of merit raise and are saying that they will offer faster promotion for the people that have made it past 6 months but the merit raise is somewhere around 2-3% and the salary increase can easily be made up by going somewhere that will just pay you a higher salary. Their promotion timeline is also extremely slow compared to what other CROs offer and it takes easily 2-3 years to go from entry to CRA II while I've seen people getting hired right as a CRA II or senior CRA after 1 year from other CROS.

Cons

The amount of workload also does not equal the pay and it really is discouraging to see all your colleagues leave every week. The people that started at the same time as you will likely not be there after couple months and you are easily the most senior person in office after 3-4 months. Individual CRAs are overly resourced and they are at a point where they can't get enough training trips to be scheduled but have to resource the studies out, so all these people that are still in training are dumped with all the studies and sites from the CRAs that are leaving. They also don't do regional traveling so you could be all over the states and time zones for the travels which takes a toll on you. They advertise for the travel bonus to make up for the lack of salary, but you get paid for this every March so if you quit before next March rolls around, you've just done free service of traveling with no bonus. Your travels also don't count towards the said bonus until you've reached 32 site days, so basically if you are doing an average of 8 days a month, your first 4 months of travels do not count towards the travel bonus. The meal allowance is also at $75/day since 5 years ago and have not increased despite the costs of everything else going up in the last 5 years. They also got rid of additional bonuses they would give out if you were doing oncology studies and now instead you get paid a company wide bonus, but it is not confirmed whether the company bonus you get in lieu of oncology bonus will make up for the amount that you would've made by doing an oncology study. You then get paid once a month so if you are used to an industry that pays biweekly or even weekly, this can be an adjustment. The stock option is provided after 1 year of employment and you get somewhere around 300-400 shares but they are not vested until you've worked for the company for 5 years and you have to stay within a CRA role or move up from a CRA to a manager, CTM, etc. so if you switch from CRA to a medical writer for example, you lose your stock benefits. This is also a midsized CRO so they attract a lot of small-mid size pharma companies who can be very needy and in your face about things as they only have 1-2 products in their pipeline compared to a larger pharma. These products are their babies essentially, and the sponsors tend to be extremely involved and cross boundaries. Then there are the clinical trial managers who have to work with these needy sponsors and with a lot of them not having an actual CRA or clinical experience, they don't manage the CRAs well and every clinical trial managers want their studies to be the priority. Health benefits aren't that great either and can be really expensive if you have a spouse and couple children to cover. When you put in retirement, health, and taxes out, you barely take anything home with how low they pay you. The number of holidays you get off is also lower than other CRO's I've seen and you start with 15 days of PTO and don't get any additional until you've reached your 5th year. They give you 2-3 floating holidays depending on the year and 2 weeks of sick days, but those aren't paid out if you quit as they are not PTOs. People had to use their own PTO and sick time during Covid as well even though the state/city mandated that companies give additional covid PTO regardless of the already given sick days the company gives as a standard benefit. This company did not follow the process and if you got covid you were essentially screwed as you weren't allowed to come in to the office until cleared and you had to spare your PTO and sick times for it unlike if you were to get a cold or some other illness. The company also seems to be passive aggressive in that if you give less than 30 days of notice, you are not considered for a rehire and they hostage your PTO and don't pay them out. 2 weeks is industry standard and I've never experienced a company not paying out your accrued PTO just because you quit less than 30 days anywhere else I've worked at before and am sure that this is illegal in some states to not pay the wages you've accrued. Overall, I've seen people mostly leave after they get something to write down on their resume if they have an advanced or terminal degree and have other options. People who stay here tend to have either just BS or MS degree, no licenses, no terminal degree and no options and they've already been with a company long enough to not lose on stock, 401k, etc.

The number of holidays you get off is also lower than other CRO's I've seen and you start with 15 days of PTO and don't get any additional until you've reached your 5th year.

March 30, 2022

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January 25, 2021

Does Medpace offer massages?

Pros

nice people, free coffee and tea

Cons

really got nothing bad to say

nice people, free coffee and tea

January 25, 2021

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December 2, 2020

Does Medpace offer relocation assistance?

Pros

Good environment and relations, solid internal processes, excellent training programs, and good integrated systems

Cons

Compensation and benefits package to be improved

Advice to Management

Home office culture to be taken into account

Compensation and benefits package to be improved

December 2, 2020

See answer

August 24, 2020

Does Medpace offer dental insurance?

Pros

Wow! What an amazing place to not only work, but to have a career. I could not have been happier with the opportunity to start my career fresh out of college. There is so much room for growth in nearly every position. Aside from the competitive, pay, health and dental benefits, and 401k match, the office perks speak for themselves. Catered lunch, food trucks, happy hour, etc. are all reasons I look forward to going to work everyday! I have made meaningful friendships and have some of the best teammates. All of my experience with management and my equals, have been positive. There is extensive training that really prepares you for the real experiences you will encounter on the job. There are so many resources and friendly faces to help work out the kinks. Medpace also offers flexible time, extensive PTO and an excellent work/life balance. 10/10, would 100% recommend Medpace!

Cons

Being paid once a month

Advice to Management

n/a

Aside from the competitive, pay, health and dental benefits, and 401k match, the office perks speak for themselves.

August 24, 2020

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July 20, 2022

Does Medpace offer family leave?

Pros

Flexible schedule, friendly teams, nice building

Cons

More studies than staff so all overworked, horrible maternity leave and benefits (seriously the bare minimum you can offer employees), high turnover and short staff in many departments, micromanaged at the very top so no lower management can ever make decisions.

Advice to Management

Offer better leave and benefits. Seriously your a healthcare company. 6 weeks at 60% salary to have a baby is pathetic. You highlighted the amount of women at your company in a quarterly meeting but you don’t even support them. Quit taking on new study awards if you don’t have the staff!

More studies than staff so all overworked, horrible maternity leave and benefits (seriously the bare minimum you can offer employees), high turnover and short staff in many departments, micromanaged at the very top so no lower management can ever make decisions.

July 20, 2022

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61 English questions out of 61

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