Alkermes Reviews

Updated Jun 28, 2020

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3.7
82%
Recommend to a Friend
84%
Approve of CEO
Alkermes Chairman and CEO Richard F. Pops
Richard F. Pops
113 Ratings
Pros
Cons
  • "The wrong people are being promoted or hired into senior management rolls due to rapid growth and crunched project timelines(in 7 reviews)

  • "Work life balance could be challenging(in 6 reviews)

More Pros and Cons
  1. "Good place to work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Research Associate in Waltham, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Alkermes full-time for less than a year

    Pros

    Very understanding mentors and managers, good benefits, supportive colleagues.

    Cons

    Some communication issues, attrition rate is a bit high

  2. "The best pharma company out there."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Territory Business Manager-Sales 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time for more than 3 years

    Pros

    -The people are compassionate and caring. Some companies talk about being patient focused. This company is genuinely about the patient. -The benefits are the best in pharma. Great time off. Low monthly premiums for health insurance. (PPO BCBS around 140$ a month for an entire family-low deductible). Just excellent health insurance. They have a fleet option with generous choices (Volvo SUV/Toyota SUVs) and a car allowance option so you can purchase a car of your choice. -strong pipe line and good R and D team. Excellent products. -They don’t micro manage. They hire tenured reps they don’t need to babysit. They let you run your business. -Generous patient assistance programs and copay reductions for patients. -They rank and pay out bonuses fairly. No forced ranks or odd goal setting. You easily make between 15-20k a quarter here in bonus. -Not a lot of travel. One short national sales meeting and maybe one or two small local meetings a year. -They have a great training department. You leave training ready to sell.

    Cons

    Having a few more people in operations may be helpful. Especially during the expansion.

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  3. "Good employer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manufacturing Associate II in Wilmington, OH
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Alkermes full-time

    Pros

    Pay, benefits, hours, bonus, PTO

    Cons

    Management, hard to switch positions

  4. "good place to start your career"

    3.0
    Former Employee - Bio Statistician 

    I worked at Alkermes full-time

    Pros

    flexibility, good culture, nice people

    Cons

    sometimes little hard to collaborate

  5. "More Politics Decide Career Not Competence"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Alkermes full-time for more than 3 years

    Pros

    Several mangers are some of the best in the industry

    Cons

    Frequent significant non-constructive departmental conflict

  6. "Not what they claim to be"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager in Waltham, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Alkermes full-time for more than 3 years

    Pros

    Good intentions to develop meaningful medicines

    Cons

    Cult of personality around CEO with tight circle of sycophants

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  7. "Good company to work but terrible management"

    2.0
    Former Employee - Director in Waltham, MA

    I worked at Alkermes full-time for more than 5 years

    Pros

    Good benefit, flexible working schedule, nice environment

    Cons

    Terrible management with liars, incompetent people are promoted and capable people have to leave.

  8. "Good Company to Work For"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Representative 
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Alkermes full-time

    Pros

    Great team mates and good benefits

    Cons

    Metric drive and sales goals are difficult to acheive

  9. Helpful (1)

    "Decent place to work, but some changes are needed"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Corporate in Waltham, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Alkermes full-time for more than 3 years

    Pros

    Highly recommend Alkermes for many reasons: -Friendly and competent people/team -Nurturing environment where I feel I'm developing professionally -Interesting, varied work (depending on what function you're in) -Decent work life balance, but things can get busy reaching ~60 hr weeks but it's rare -Decent benefits, pay

    Cons

    Overall I'm quite happy at Alkermes and hope to make this place a home for my career for a while, but there are some things that could be improved. 1) As a background/intro, Alkermes has a lot of ingrown folks who have been with the company for a long time and rose to the sr. management positions, which is both good and bad. Good because they seem to be decent, competent human beings who were able to grow and got recognized within but bad because at times it feels Alkermes is falling behind in its practices because people are set in their ways without seeing/experiencing what others are doing in the industry. For example, things like work from home policy which many companies have adapted to for a while at this point but it still feels like a lot to ask for at Alkermes (seems to vary quite a bit by teams). While there is a formal policy to support it, at least in my team it was made clear to me that the sr. management does not like this. While I'd personally appreciate having more flexibility in working arrangement, Alkermes needs to realize that this will also get in the way of attracting and sustaining top talent when many of our peers offer this. 2) Another related issue I've noticed is the invisible wall between the team members and the management of the group preventing free and open communication. Given the size of Alkermes , this was a bit shocking. Honestly not entirely sure if it's the senior folks being too busy/preferring a more limited channel of communication or the mid levels being afraid to engage in and encourage more open communication, but it can feel very one directional at times and sometimes make the team work inefficiently. 3) Slow/overwhelmed IT: IT issues should really be the last thing that holds us back but more often than not it has been a significant obstacle to us doing our job on several occasions. Having worked at other places, it seems to me that Alkermes needs more manpower/competence in IT because the ratio of total employees vs IT support seems off. This is another sign that the sr. management is missing something and falling behind.

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  10. Helpful (2)

    "Great benefits but terrible management"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time for more than 5 years

    Pros

    Great benefits and great pay

    Cons

    Management doesn't care how overworked you are. The pay is good but it isn't enough for what you're put through. Nothing is ever enough.

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Found 172 reviews