Working at New England Cord Blood Bank | Glassdoor

New England Cord Blood Bank Overview

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Newton, MA
51 to 200 employees
Unknown
Company - Private
Social Assistance
$1 to $5 million (USD) per year
Unknown

New England Cord Blood Bank Reviews

2.0
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  • Helpful (1)

    "Not horrible; definitely not ideal"

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    Former Employee - Anonymous Employee in Marlborough, MA
    Former Employee - Anonymous Employee in Marlborough, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at New England Cord Blood Bank full-time (More than a year)

    Pros

    Good company for experience in both science and business positions.

    On the lab side, you will have a thorough experience working in a lab in a purely results-driven industry. Lab management is top notch and will make sure you learn everything necessary and are readily available for additional advice.

    As for corporate, think of this place as a resume-builder. Turnover has always been high but has recently slowed down. Many positions offer exposure to a variety of departments, rather than the isolation and narrow range of tasks in positions of larger companies

    Cons

    The pay is mediocre at best and there is little concern for incentive and advancement. This seems to be the result of older management that seems to be content with staying in the Dark Ages. Also, training is informal and sink or swim, though I wasn't entirely against this method.

    Advice to Management

    Pay your temps and full time employees better, and start to take a hint from more progressive companies. You cannot expect someone to be motivated to perform if you pay them chump change. With more Gen Y's entering the workplace, you should realize that candidates will only do as much as they're paid to do. For us, company loyalty is just another term for slavery. We're not interested in settling when the internet has made it possible to see just how much more money we could be making elsewhere.

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