Alkermes Reviews | Glassdoor

Alkermes Reviews

Updated November 17, 2017
80 reviews

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3.5
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Alkermes Chairman, President, and CEO Richard F. Pops
Richard F. Pops
48 Ratings

80 Employee Reviews

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Pros
  • Great benefits for the full time employees (in 11 reviews)

  • Very friendly, great work environment (in 7 reviews)

Cons
  • Wavering commitments from senior management (in 4 reviews)

  • There is room for growth but it almost seems like there is a high turnover rate (in 3 reviews)

More Pros and Cons

  1. "Good Company with a Great Mission"

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

    I worked at Alkermes full-time

    Pros

    Great benefits and amenities! This company generally had a positive and caring attitude towards the associates.

    Cons

    Less emphasis on the titles. Ideas can come from anyone.

    Advice to Management

    Management could do more to listen to associates and more involvement into career goals.


  2. "Lead Process Engineer II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead Process Engineer II in Wilmington, OH
    Current Employee - Lead Process Engineer II in Wilmington, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time (More than 3 years)

    Pros

    Interesting work, and good life and work balance.

    Cons

    Entrenched in antiquated processes and equipment, and can't see new ways of improving. Not sure it will ever change as the folks that run the company are the same people for years. Same people same problems.

    Advice to Management

    Be more open to new ways of achieving success.

  3. "IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great benefits, good pay, excellent vacation time-starts immediately. Truly making a difference in the lives of patients. Great CEO!

    Cons

    It seems like people brought in at mid-senior management levels are not evaluated for cultural fit and by the time they're hired, no one wants to have to interview for the position again so they stay. This leads to a decline in the culture Alkermes is/was known for.

    Advice to Management

    While new people and ideas are exciting, don't forget to listen to your people who have been there a long time. Some hurdles could be avoided if they'd pay attention to the content of what people are saying rather than labeling them 'resistant to change'.


  4. "Luck of the draw with management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Research Associate in Waltham, MA
    Current Employee - Senior Research Associate in Waltham, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Alkermes full-time (More than 3 years)

    Pros

    Everyone who works here is very nice, the benefits package is very attractive, you will definitely get a lot of experience in the R&D departments

    Cons

    Every project is always in a time crunch, there are some less experienced managers who aren't exactly ready to be taking on direct reports, base pay is below industry level


  5. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    Hard working people, plenty of opportunity

    Cons

    work life balance is a challenge


  6. "Excellent Work Environment!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    - Generous time off for employees
       - 3 weeks paid vacation
       - 5 sick days
       - 3 personal days
       - Generous company holidays- Entire 4th of July week is a guaranteed company holiday

    - Competitive Pay

    - Great Benefits: insurance, monthly massages, wellness programs, events, cafeteria in facility, catered food events (holidays, seasonal), etc.

    Cons

    - Limited Growth
    -Communication between management, departments, and associates can be improved.


  7. "Alkermes Review"

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

    I worked at Alkermes full-time

    Pros

    Many good passionate people, commitment to CNS space and to fighting addiction

    Cons

    Culture not supporting innovation, people in some functions are overworked while at others underutilized

  8. "A good company with some flaws"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    Great leadership at top levels, passionate people, patient focused, very driven and determined to improve people's lives. Alkermes has a great CEO who seems very genuine and honest with. He does a good job of addressing issues, motivating and communicating with all employees on the mission and goals of the company.

    The company is full of many good people who work hard and believe in what they are doing.

    The company also treats their employees well with a strong benefit package and has a good work life balance.

    Cons

    The location is terrible, many people drive over an hour each way. The company seems reluctant to become more modernized and adopt telecommuting.

    There is no real career path for you, what you get hired as is more than likely what you will be stuck at. There is no real development or career path. Its a place where you just hope someone above you quits or retires in hopes of moving forward with your career.

    Although senior leadership is great, once you get to mid-level there is a lot politics and bureaucracy. This pretty much halts any collaboration and new ideas as there are too many chefs in the kitchen who want to put their 2 cents on even the most minute changes.

    The raise seems standardized by department, meaning its a flat rate or cap. It does not really reward you based on what you have done, more so on what number they pre-determine for your department.

    Advice to Management

    Reward the good people you have, or they will move on. Be more progressive on telecommuting, more companies do this now for a reason. Keep doing a great job on the communication, and values.


  9. "Great company, little growth opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time (More than 3 years)

    Pros

    Alkermes is a great place to work. Everyone is willing to help out and work together to get various tasks done.

    Cons

    There is no room for growth at the company. Management has been with the company for upwards of 15 years. The departments are very flat so there is no room for growth unless you change departments or leave the company.

    Advice to Management

    Re-evaluate the leveling of positions. Good people are leaving because there are no career growth opportunities within the company.


  10. "Great company"

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

    Pros

    Very competitive compensation. Valued employees

    Cons

    Not too many opportunities for contract workers to become permanent employees


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